Coinbase responds to rampant overcharges: ‘We have identified a solution’

The Verge ---------- Digital currency exchange Coinbase responded this afternoon to a report from The Vergeregarding rampant overcharging of users and unauthorized withdrawals from their accounts, saying in a statement that the company has “identified a solution” to the problem. The issue, which began percolating on the dedicated Coinbase subreddit late last week, appears to be related to a recent change in the way credit cards classify digital currency transactions. Users were reporting empty cryptocurrency accounts as a result, which was creating panic and calls for legal action among Coinbase customers. To learn more click on the picture below to read the article.