On a side note, withdrawing from CoinBase is probably recommended now that all this is happening.
Yes, in fact Coinbase is the entity recommending, even asking account holders that reside in Hawaii or Wyoming to transfer their bitcoin out of their Coinbase wallets to exchanges that can serve them properly. Coinbase also asks these users to close their accounts.
Here's the quote from the press release on the Coinbase website (HI specific): "We ask Hawaii customers to please: Remove any digital currency balance from your Coinbase Account. Please note that you may remove digital currency from your Coinbase Account either by selling digital currency on the buy/sell page of your Coinbase Account (ordinary fees and restrictions apply), or by sending your digital currency to an alternate digital currency wallet; AND Visit this page to close your Account. We understand this suspension will inconvenience our Hawaii customers and we apologize that we cannot currently project if or when our services may be restored."
It's sad that while Coinbase is doing the honest thing for its customers, i.e., notifying them of discontinuing service and suggesting people direct their funds elsewhere, so many forum members are being dishonest in their portrayal of the facts.
This is the whole new level of not giving a sh*t about their clients.
If they are seizing accounts for no reason except for baseless accusations then they deserve to get sued by their customers.
I also heard they have a class action lawsuit filed against them for unlawful practices by a few states.
This is day light robbery. Their reputation isn't really getting any good.
Where are the facts? There's only shared frustration that government is continuing to get in the way. If we start misrepresenting the facts we'll only hurt ourselves and
this project.