CoinWorld Network, June 7 - Coinbase CEO Brian Armstrong stated on the X platform that the issue of frozen Coinbase accounts has been ongoing for a long time, to the point of being unacceptable. There are many reasons behind this issue, but more importantly, Coinbase has now prioritized resolving it, and progress is going well, with the issue reduced by 82%, and further improvements are expected.

Brian Armstrong added that Coinbase will keep users informed about the progress of the improvement measures. If your Coinbase account is still restricted (not due to sanctions or illegal activities), please direct message the support account for prompt assistance.