![]() In May, the CEO of Coinbase, Brian Armstrong, confirmed that Coinbase had made additional customer disclosures in compliance with the guidelines set by the US Securities and Exchange Commission (SEC). Some Reddit discussions also said that Coinbase had similar terms and conditions as Celsius, a crypto lender that halted withdrawals and later declared bankruptcy. ![]() In a recent tweet, CryptoWhale said that the exchange was deleting the comments of users who were complaining of experiencing withdrawal issues. Some users even reported that they were experiencing missing USD transactions, and glitches were witnessed when processing transfers between the Coinbase Wallet and the exchange. Users on Reddit aired their concerns about experiencing issues when processing withdrawals and transfers on the exchange. Some users also complained about missing balances in their accounts. Some Reddit users have complained that they have problems with withdrawals and transfers. Some of the exchange’s actions, such as halting the affiliate program, have triggered insolvency concerns. Coinbase was among the first exchanges to announce laying off staff. The crypto community has been raising concerns over Coinbase’s financial situation amid the bear market. Join Our Telegram channel to stay up to date on breaking news coverage ![]()
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