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June 20, 2018 11:15 am GMT
Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/3bwjrma5C84/
Desperate Coinbase customers turn to SEC with allegations of fraud
Life savings lost. Desperate cries for help. Allegations of fraud.
In the six years since its founding, the San Francisco-based exchange Coinbase has established itself as one of the most trusted places to trade ether, bitcoin, litecoin, and bitcoin cash. It's also run up its share of critics: namely, its customers.
In 134 pages of complaints filed to the SEC and the California Department of Business Oversight obtained by Mashable following a five-month FOIA process, a picture emerges not of a responsible actor in the cryptocurrency space opening the market to new investors, but rather a company overwhelmed by and underprepared for its own success. Read more...
More about Bitcoin, Ether, Coinbase, Sec, and EthereumOriginal Link: http://feeds.mashable.com/~r/mashable/tech/~3/3bwjrma5C84/
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