5 days ago I bought 2 btc @ 320 each. Today the btc suppose to be clear in my coinbase account @ 615 each, When suddenly i receive a coinbase email stating that the transaction is suspicious and my money has been reversed.
I had almost $100k back and forward with coinbase for the past year and never had any problems at all but today they shut my transactions because of this bitcoin raise.
Not a good strategy for coinbase.
Sorry to hear it.
This is how
Ycombinator projects work.
Coinlab/Coinbase/Coincrap - Multiple cases of stealing from users through the "canceling BTC sale when price goes up" scam, amplified by "pay anyone complaining on the forum" double-down. In any event their burn rate takes them out of the picture this year, so damage should be limited, but try and sit at a safe distance.
Going by the density of forum complaints I'd venture a guess that even the double-down has by now proved to be too consuming.