Post
Topic
Board Beginners & Help
Re: Coinbase Canceled My Order: Price jumped $28 - $48 (SOLVED: COINBASE HONORABLE)
by
DeathAndTaxes
on 17/03/2013, 19:49:26 UTC
LOL! It was an ACH.

Ok that makes more sense, I do not think you can fraud a wire transfer because its a push not a pull, but ACH you can. HOWEVER there is a simple procedure: They should run the ACH, and keep the money in suspense for a week.

The signatory of a personal (but not business) bank account can dispute an ACH transaction as fraudulent up to 60 days from the statement in which the fraudulent transaction was reported.    Keeping funds a week would do little good against "friendly fraud".