Post
Topic
Board Service Discussion
Re: Coinbase just scammed me for over $1000
by
freeAgent
on 08/11/2013, 18:00:16 UTC
Hello,

i feel with you, but  i dont understand how they could steal you the money. Do you mean you buyed, and left the bitcoins at your account?
How much time passed between your buy and their scam trick ?

from my expierience, avoid MT. Gox also.

greetings

Basically, he purchased bitcoin, they took his money, bitcoin increased in value dramatically, and they canceled his order.  The gain in value of bitcoin between his purchase and the cancellation is lost to him.  Presumably Coinbase actually did purchase the coins back when he placed the order and they had the cash, so they're probably making a lot of money refunding him and selling those coins to someone else today at a higher value.