Unbelievable: Bitcoin Exchange Coinbase Bans User
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Unbelievable: Bitcoin Exchange Coinbase Bans User

THELOGICALINDIAN - Note Coinbase has acquaint a acknowledgment to this adventure which can be apprehend here

This is absolutely an astonishing story! Bitcoin barter Coinbase has allegedly banned a user who helped them fix a above Vault accomplishment that could accept resulted in millions of dollars in losses. The user took to accepted amusing belvedere Reddit to allotment his ancillary of the story.

The user, pxallin1122, states that he began an analysis into the Vault arrangement in June 2024, and begin a above accomplishment on the site. The accomplishment accustomed the user to abjure absolute bitcoins (yes, you apprehend that right!) alike if they weren’t present in the account, appropriately finer putting the Coinbase annual antithesis in abrogating territory.

According to the user, he helped Coinbase fix the exploit, account them on every step, but accustomed a beggarly compensation of $5,000.

bounty

The user is affronted by the bare sum as he accepted the accolade to be upwards of $25,000.

The Secret Ban

Pxallin1122 alleges that the bitcoin barter ‘put some affectionate of abstruse ban on my account.’ He was clumsy to abjure any bitcoin beatific to his Coinbase wallet.

He connected his analysis and begin addition identical accomplishment which could be accomplished in the aforementioned way as the beforehand one. He yet afresh abreast Coinbase of this bug, which decidedly resulted in a complete ban on his annual for no reason. Coinbase again beatific him a appeal on HackerOne allurement for added instructions. But, he couldn’t advice this time as his annual was banned.

acc blocked

Coinbase anon labeled the newer accomplishment as “Informative” advantageous him with annihilation this time.

The latest amend in this adventure is that Coinbase has emailed the user adage that all his letters on HackerOne will be opened and re-evaluated. But, there is still abashing as to why the barter is not re-opening his account. Do they anticipate that he will be able to account added damage? He could accept beforehand if he capital to, right?