Coinbase exchange was launched in 2012 right? Have there ever been any cases of users' assets being frozen and never released to them? I know someone living in the united states, she said that Coinbase seized her crypto in 2020 within that COVID-19 period and to date, the assets were never released back to her. I respect coinbase so much and I am curious why such a thing would happen.
These exchanges capitalizes on the user's acceptance of their terms and conditions which in a cloak of apparent truth takes away so much lawful rights on our assets in their custody from users to them. And they capitalize on any little default against these ToS which many users don't even take time to read before embarking on registration with these exchanges most those with kyc requirements. Most of them find it at ease to monetize users information to the knowledge of the authorities, and so in my opinion I don't think they really do deserve my kind of respect per say.