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Author Topic: Sent coinbase a warning email about their "scam" practices  (Read 383 times)
alabamafan1 (OP)
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April 01, 2014, 03:56:17 AM
 #1

Made a purchase of a little over 3 coins BTC two hours ago totaling around $1500. I sent them a message with a screenshot attached of my bank account showing the money is there and all. I timestamped it and everything. I sent them an email regarding their shady practices of canceling orders after the exchange rate has drastically increased.

If the exchange rate rises significantly and they canceled my order, I will be suing them for the difference in price at the same time I purchased the bitcoin come friday evening. Talked briefly with my lawyer about other things today and mentioned this as I realized none of my main vendors are willing to sell right now so coinbase is my only option. Lawyer told me it would be an easy case and also one that could win me some damages for fraud too.

If it happens and you had this happen to you in the past, we could file as a class-action lawsuit however that would be very costly. I for one am not very much interested in the price difference should it occur, I just want to publicly have them found guilty for their fraudalent practices should they try to scam me.

Let me know what you guys think.
zolace
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April 01, 2014, 09:50:39 AM
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yeah this has happened to many others before, where they try not to sell the btc when price is rising to much.  I think you will have to look over there hidden terms and make sure you can follow through with this kind of action.

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faiza1990
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April 01, 2014, 09:52:36 AM
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Now they are deleting bitcoin related account may be they are not happy to work in bitcoin

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