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COINBASE JUST RUGGED AN ETH DEV OVER A 25K USDC MOVE
Eric Connor tried to send $25K USDC using a VPN, and Coinbase straight-up locked his account without any warnings.
He called their security protocols “lazy” and said the recovery process was trash.
Coinbase said everything they do is merely for the security of account holders.
Some devs now suspect they’re blocking withdrawals to keep their bags stacked.
Source: Mario Nawfal
Eric Connor tried to send $25K USDC using a VPN, and Coinbase straight-up locked his account without any warnings.
He called their security protocols “lazy” and said the recovery process was trash.
Coinbase said everything they do is merely for the security of account holders.
Some devs now suspect they’re blocking withdrawals to keep their bags stacked.
Source: Mario Nawfal
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