[2015-12-21] Unbelievable: Bitcoin Exchange Coinbase Bans User Who Helped ...

[tyz]

Unbelievable: Bitcoin Exchange Coinbase Bans User Who Helped Save Millions

This is really an unbelievable story! Bitcoin exchange Coinbase has allegedly banned a user who helped fix a major Vault exploit that could have resulted in millions of dollars in losses. The user took to popular social platform Reddit to share his side of the story.

http://www.newsbtc.com/2015/12/21/unbelievable-bitcoin-exchange-coinbase-bans-user-who-helped-saved-millions/

[siameze]

Seems to be M.O. for most Bitcoin companies that offer bug bounties. They want the help of skilled people to find things such as this, then a catch-22 occurs.

I could care less about Coinbase though, and what happens to them. r/bitcoin is littered with posts of folks that have had their accounts closed or suspended. I gave up on them a long time ago, preferring not to buy my bitcoins from nazis.