Crypto Consumer Protection alerts consumers of crypto & blockchain scams in attempts to protect consumers & the integrity of the crypto/blockchain community.
1/ We have determined that the erroneous credit and debit charges are the result of Visa reversing and recharging transactions. This was not done by Coinbase. We are working with Visa to ensure all affected customers are reimbursed.
We've seen an increase in the number of fraudulent Twitter accounts claiming to be an official Coinbase account.
The only official accounts for Coinbase:
@Coinbase@CoinbaseSupport
Please be mindful to look for the blue verified checkmark and check spelling.
2/ We have identified a solution and any future purchases will not be affected by this issue. We will ensure any customer affected by this issue is fully refunded for any incorrect charge. We expect this to happen for customers automatically through their bank.
1/ We're investigating an issue where some customers recently were charged incorrectly for purchases of digital currency with credit and debit cards. This is related to the recent MCC code change by the card networks and card issuers charging additional fees.
#ScamAlert: USI TECH #Scam
Reports of USI Tech trying to operate again. Consumers should beware that #USITECH was banned from North America & labeled as a Ponzi Scheme. USI Tech is believed to be a MLM #cryptoscam that consumers should avoid.
#eth#cryptomining#CryptoNews
Consumers Beware: The Securities and Exchange Commission has lodged a complaint alleging Dallas-based AriseBank misled its customers with fraudulent claims and has since blocked the enterprise from selling its cryptocurrency.
https://t.co/STGP9EVR1Z
#bitcoin#ICO#cryptos#btc
#CryptoInvestors please beware when #investing into #ICOs. Many scammers are utilizing fake ICOs to steal crypto consumers #money. Use caution when trading #altcoins without a real life concept and verified project team. Remember exchange listings are not guaranteed with an #ICO.