Coinbase is mistakenly draining customers’ bank accounts, and people are freaked

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All your money is gone. Whoops! Sorry for your loss. 

The world of cryptocurrency trading is notoriously risky, but it wasn’t supposed to be like this. Some Coinbase account holders are losing their shit today as they look to their bank statements to find that the exchange has withdrawn excessive amounts of money from their accounts. 

Like, a lot of money. And no, there wasn’t just another huge cryptocurrency crash that caught a bunch of margin traders flat footed. Instead, it seems that Coinbase has been mistakenly draining the non-cryptocurrency bank accounts of its customers.  Read more…

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