đ€A growing number of users on social media platform X (formerly Twitter) have expressed frustration over unexpected account restrictions and blocks by US-based cryptocurrency exchange Coinbase. Concerns have been raised about Coinbase's risk management practices and its ability to prevent users from falling victim to scams costing over $300 million annually. Crypto investigator ZachXBT attributes these issues to Coinbase's stringent risk models, prioritizing security over user accessibility. $65 million was stolen from users between December 2024 and January 2025 alone. Scammers use tactics like spoofed phone numbers and fake emails to deceive users. Coinbase's leadership faces criticism for not addressing these issues effectively. Suggestions include enhancing security options for advanced users and improving customer support. Legal action against scammers and their tools could deter such crimes and show a commitment to user protection.#BTC#BTCè”°ćżćæ#cryptouniverseofficial
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