24
As was previously reported, Coinbase – one of the most popular digital currency exchanges – experienced one of the more egregious errors in recent cryptocurrency history by duplicating users’ past debit/credit card and bank purchases, effectively siphoning money from accounts without authorization. The costly error reportedly left many users’ bank accounts completely drained. Some users on Reddit reported unauthorized transactions upwards of $50,000, while many others reported duplicated purchases on smaller transactions. Even those less
Read More
The post Passing the Buck – Visa Blames Coinbase for ‘Erroneous’ Error that Overcharged Customers, Drained Accounts appeared first on Bitcoinist.com.
read whole article



Related Links

  1. Visa Owns Up to Erroneous Error, Says Coinbase Isn’t to Blame for Draining Accounts
  2. Coinbase and Shift Payments Introduce a Visa-branded Bitcoin Debit Card That Works Everywhere Visa is Accepted
  3. Instead of weekly complaints about Coinbase or Circle, Complain about the Regulations that CAUSE them to need to track funds / ban accounts
  4. Coinbase Just Stopped Serving Bitcoin Customers in Hawaii
  5. Court Orders Coinbase To Report Customers To IRS
  6. The Empire Strikes Back: IRS Counters Coinbase Customer’s Action
  7. 14,000 Coinbase Customers Could Be Affected by IRS Tax Summons
  8. What Happens to Customers' Bitcoins When Coinbase Exits a Jurisdiction? - CryptoCoinsNews
  9. PayPal and Coinbase Strike New Bitcoin Payout Agreement, Millions of Customers Affected
  10. Coinbase Launches Bitcoin VISA Debit Card - The Merkle (blog)