Coinbase Review: 6 Controversial Issue You Have to Be Aware Of

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Reacting to the news that Coinbase account holders had been mistakenly overcharged in some cases, thousands of dollarsone individual took to Reddit to suggest a troubling solution: Show up at the cryptocurrency exchange's headquarters with guns.

And the person was initially met with at least some support. The thread has since been locked from cryptocurrency exchange reviews reddit by Reddit — with some commenters claiming to have reported the threats cryptocurrency exchange reviews reddit law enforcement — but it's still available to the public.

Even as Reddit's own policies appear to prohibit violent content. A little-known token may be fueling Bitcoin's rise. Critics say it's a scam. During that time, talk of cryptocurrency has taken over our culture — suffusing itself into the daily lives of many and generating a cult-like obsessiveness in hodlers in the process.

As the threats made today on Reddit show, that has some serious ramifications. Other users quickly jumped insaying they knew the comment was a joke, but that it wasn't funny — especially in light of Wednesday's school shooting in Florida. That's when bombodail clarified that he or she was not, in fact, joking. Importantly, it should be noted that Coinbase isn't even responsible for the mistaken withdraws.

In a Friday joint statement from Visa and Worldpaythe companies clarified just what exactly had gone down. That Coinbase was not in cryptocurrency exchange reviews reddit at fault for the over charges doesn't lessen the concern that at least one Redditor in addition to bombodail appeared to have violence on the mind.

When that user commented " Let's go ," bombodail responded that he or she wouldn't want to harm employees, but would target the CEO. Numerous Redditors have posted that they've reached out to law enforcement and reported the threats.

We've reached out to Reddit in cryptocurrency exchange reviews reddit attempt to determine if it is aware of the threats, and if law enforcement has been contacted. We've received no response. Notably, the company's own policies appear to prohibit this kind of content. This story has been cryptocurrency exchange reviews reddit to include a joint statement from Visa and Worldpay clarifying that Coinbase is not at fault for the mistaken transactions. Reddit's policy on cryptocurrency exchange reviews reddit content has also been added, and some comments from Reddit user bombodail have been removed.

We're using cookies to improve your experience. Click Here to find out more. Tech Like Follow Follow. Well this is frightening. Here's what you need to know before you buy bitcoin.

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TNW uses cookies to personalize content and ads to make our site easier for you to use. Read the full story here. Following numerous complaints from concerned users on Reddit , popular cryptocurrency exchange desk Coinbase has confirmed a bug in its system resulted in accidentally charging tons of users multiple times for the same purchase — some complained being charged 17 times the original purchase.

It remains unclear precisely what caused the glitch, but the exchange desk says it is working on a fix. The statement also implies that users will be reimbursed for the accidental multiple charges. For some reason, the company has yet to register the issue on its official status page. Meanwhile, Coinbase is asking affected users to point to the faulty transactions in the Reddit thread where they confirmed the bug. You can check out the full thread here.

This is related to the recent MCC code change by the card networks and card issuers charging additional fees. We have identified a solution and future purchases will not be affected. We will ensure any customer affected by this issue is fully refunded.

We expect these refunds to happen for customers automatically through their bank. If you believe you were affected by this issue, please contact support coinbase. We will be reviewing all card transactions from the last few weeks to ensure all affected customer are notified.

We will post on Twitter and our blog with further updates. Unfortunately, the statement makes no mention of the expect timeline for the refunds. Visa changed the MCC for digital currency purchases to a code that allows large banks and card issuers to charge consumers additional fees. In addition, please contact Coinbase support. Published February 15, — February 15, — Coinbase reached back to TNW with the following statement: Mix February 15, —