Quote from: magnetinik on July 03, 2023, 04:00:49 AM

Quote from: Potato Chips on July 01, 2023, 11:35:06 AM

Typical coinbase when it comes to account closures. They either don't tell their users the reason or be super vague about it but they do give time to withdraw.

Unfortunately it seems they don't always allow withdrawals, according to various complaints on the forums.
Now, I wonder: can a company that bases its business on honesty and legality legitimately keep a user's money without allowing him to withdraw it? I mean: do they close many accounts because they don't comply with the regulations and then themselves set a very bad example of legality by withholding users' money? Even if a person, voluntarily or involuntarily, violates some point of the TOS, it is right to close the account without notice because the regulation provides for it: it is the user's responsibility to read it carefully and apply it. But it doesn't seem right at all for the account to be closed with money deposited. And that's what I fear.

Any company that you voluntarily give your money to, whether traditional or cryptocurrencies, can do whatever they want with it. They may return the money to you, or they may not return it, hiding behind the rules and agreements. You are in a similar situation of being dependent on them and going through these bureaucratic barriers to get YOUR money. I don't think this is right. The only way to emerge victorious from this situation was not to have to deal with the exchange at all.

Quote from: magnetinik on Today at 06:21:59 AM

Thank you.

7 business days have passed since they started reviewing my account, and nothing has changed. Withdrawals to PayPal are always inhibited. I wrote to the support replying to the last email sent to me. I do not give up. I want my money and I will fight for it. I told them if they have to close my account they can but not before allowing me to cash out my money. Also because keeping an account like this, where I can't do practically anything, doesn't make any sense.

You can fight them, but the result is completely independent of you and your actions. They want - and they will not return anything to you. It is naive to demand to cash out your account. You are not in a stable position and completely at their mercy (your money).

We'll see how it all ends. Keep us updated.