Do you want to close one of last options left for US people to buy/sell bitcoins?
an unethical company at the top places barriers for entry for an ethical competitor to take over from them, defrauds their customers, and reduces trust in the currency. If they are frauds they should be closed.
The question is, ARE they frauds or is the OP blowing hot air. I am not personally familiar with the company or their alleged misconduct.
Yes they are frauds. Read the threads in the link i provided. And all the links within there.
For example, here is their spokesperson telling a blatant lie:
Trance,
Sorry for the confusion here. We use machine learning algorithms to prevent fraud and they're not always 100% accurate.
If you feel you've had a transaction cancelled incorrectly send support an email. We regularly review transactions and push them through at the original purchase price upon request. I also wrote a bit about our fraud program in the fourth section here:
http://newsbtc.com/2013/11/07/coinbases-olaf-carlson-wee-answers-questions-users-technical-issues/Hope that helps!
This is like the lie of all lies. They almost NEVER push through transactions at original purchase price upon request. I requested it 1000000 times. Others have requested it 1000000 times. No response.
But you are totally right, an unethical company in a monopolizing situation... cannot be good in the long term.