Update at 9:55 p.m. PT: Visa's statement on the matter: "Visa has not made any systems changes that would result in the duplicate transactions that are being reported. We are also not aware of any other merchants who are experiencing this issue. We are reaching out to this merchant's acquiring financial institution to offer assistance and to ensure cardholders are protected from unauthorized transactions." cnet.com/news/coinbase-duplicate-withdrawals-refund/
Why isn't anything talking about this?
Levi Morgan
It's obviously money laundering.
Cameron Green
Thanks just transferred 100k
Bentley King
>as if Visa is going to own up to their archaic system update failures funny how this only started happening after CC companies started enforcing their "oh shit" policy by making crypto purchases cash advaces
Elijah Richardson
its been fixed
Carter Carter
no lol, they're still "investigating". I got refunded $700 and then charged $1400
Luis Martinez
>Visa has not made any systems changes that would result in the duplicate transactions that are being reported.
That's Visa, the payment processor. They didn't do anything. It's the companies administering the cards who turned around and said "OH, crypto purchases are cash advances. Now lets just go retroactively change that payment type on people and collect our fees."
Levi Evans
Proof
Jayden Garcia
Does anyone else feel like this is the reason for the recent BTC surge? Coinbase double buying BTC? Suddenly volume is up and sell walls dropping much quicker, lasts a couple days, then bam things come to a screeching halt and people start realizing they've been charged for 2x+ what they spent. Coinbase comes out and says yes there are some bugs. Too coincidental.
Andrew Brown
...
Joseph Ross
You guys are literally as dumb as fucking reddit. Theres literally no problem, this is FUD.
Kevin Fisher
Visa's payment processing fuck up simply double charges their clients. It doesn't purchase more btc from coinbase. This is why we know it's a Visa problem.
Eli Lopez
You are dumb as fuck.
Kill yourself, retard.
Ryder Allen
This is also bullshit. Kill yourself, Coinbase fag.
Elijah Clark
simple question: do you have twice the amount of crypto currencies? Or just twice the charges?
If it's just twice the charges, you got fucked by Visa updating their systems to back bill you for cash withdrawals lmao
Levi Walker
Because when I hear things that aren't positive I pretend they can't be real and scream FUD, I'm 7.
Julian Adams
>fake screenshot so much money at stake exchanges are making fake allegations against each other
Liam Brown
>you got fucked by Visa Basically this
Nathaniel Allen
coinbase confirmed it you absolute fucking cretin
Juan Perez
So it's all down to the specific bank, rather than VISA itself? Does anyone know which are affected?
Daniel Morales
Not him, but I got refunded $530 and then charged $750.
Justin White
OP seems a little itchy
Methinks maybe the bear has fleas
Wyatt White
After I removed my debit card yesterday they returned my last two transactions then withdrew them again. Had to pay another 6 bucks in intl transfer fees. Give back my 6 shekels you fucks.
Carter Lee
>These are the fuckers that will make REQ obsolete
Oh I'm laffin
Brandon Gonzalez
More fud from russia
Take a flea bath Mikhail
Nolan Gomez
thanks coinbase, just sold 250k REQ
Jaxson Hernandez
Holy shit, literally just checked my bank account and there are about 4-5 charges from coinbase putting me at a negative balance. Not larping.
How do I get rid of this?
Lincoln Murphy
Can confirm. I'm a 20 year old with the learning capacity of a 3 year old and I also invest all my tendies in shitcoin and scream FUD/nocoiner/etc at people who deliver any news that makes me uncomfortable.
Evan Perez
Man, coinbase is shit but this is top level FUD
Luis White
I'm not sure who all is trying to pull that. It's really fucking with some people though because cash advance rules vary hugely based on the individual terms of your card, and its really hard to see what exactly is going on because not a lot of information gets posted. Basically a transaction ID, to/from, and amount. They don't include a why in there, so you'd have to call up the bank and ask for an explanation, which you probably won't get because the call centers you get routed to probably weren't briefed on the subject.
The big thing here is the banks deciding to reclassify a transaction type, and then RETROACTIVELY applying it transactions. Huge potential for a law suit there.
Cameron Phillips
>How do I get rid of this? you don't. this is what you get for buying coins with credit card, pleb
Lucas Wright
>big banks taking on crypto
Kayden Harris
go to status.coinbase.com you retard
Jason Morales
people who have the double transactions don't get BTC added in their account
Josiah Clark
Call your bank and dispute the charges. Also file a complaint with the CFPB
Cameron Sanders
>owning a credit card lol >using a credit card LOL
Jose Hall
More samefagging from reddit. Take a cyanide bath fag
Jacob Gray
Stop posting you absolute fucking brainlet. You are either hired by coinbase or just plain retarded. Coinbase itself has confirmed the multiple charges issue, and you've been shitting these threads up with your stinky posts since the first thread discussing this issue. It's obvious that you're one poster trying to stir shit up. Kys poojeet
Brayden Adams
Maybe it's because Coinbase is actually trying to add Nano?
Lucas Torres
This. I called my bank about it and they just reversed the extra fees.
Nathaniel Nguyen
>Huge potential for a law suit there they can change the rules anytime its in the document you signed when you opened the account >bank reserves the right to change any of the provisions stated banks always win
David Bell
DO NOT USE COINBASE.
Coinbase stole $2k from my account. They are claiming to have returned it. I contacted my bank, but they have blocked incoming transactions from Coinbase because they are unable to validate the transactions and they suspect money may come from organised.
This is not the banks fault and it's not Visas fault. It is Coinbase and Coinbase only. Coinbase is literally the only site that has this error.
Ryan Nelson
will be funny if coinbase will reinburce with BTC and it will cause huge dumping
Jace Howard
>Coinbase itself has confirmed the multiple charges issue coinbase has confirmed reports of people claiming as such. They also have said the charges are due to visa
There are also fucks like you setting up fake twitter profiles posing as coinbase to spread FUD.
Logan Adams
I thought this was a joke but I lost $750 this morning and I'm 99% sure it's because of this
Colton Rogers
These motherfuckers, this shit put me into overdraft.
Evan Young
It is not due to a Visa error. Visa has made a statement. Coinbase is the only company where this is an issue.
Mason Rogers
Nope. It's not making double purchases, brainlet. It's just adding random additional charges.
It hasn't. Just woke up to ~$400 worth of additional charges today. Contacted my bank and Coinbase.
There's definitely an issue but it's nothing catastrophic. There are just weird charges on my bank account but they're clearly temporary. The additional charges aren't going to Coinbase.
John Bennett
There is a problem but it’s with the credit card processing company. Coinbase sn’t suddenly stealing money for no reason and people are being refunded. No extra BTC was being bought.
Josiah Kelly
>Coinbase said it was VISA and VISA said otherwise and clearly when it comes to all things payment processing I know I put my faith in some 7 year old soyboy startup in Soythern Commiefornia than one of the world's largest and most reputable firms. Okay... The cognitive dissonance here is getting out of hand.
Jacob Sullivan
honestly, believe what you want. But ultimately it serves you right for buying crypto with credit cards, rather than real money, you absolute faggots
Parker Edwards
...do you not know what samefagging means?
Kevin Bailey
Thanks just bought 100k
Dominic Price
Just checked my account and got charged $215. Fuck
Ethan Wilson
My purchase was with a debit card, and the money on my debit card comes straight from my paycheck, my NEET friend. The purchases with debit cards on coinbase are easy and instant, but these ghost charges are bizarre.
Jackson Bell
edgy
Jayden Harris
they 50 times everything with draws and deposits. so coinbase is out millions right now. they did not do this on for fun, in a week it will be all worked out
Noah Peterson
also you should also set withdraws from you savings or another acocunt in the account. if you link coinbase to a bank account with all your money in it you are stupid anyways
Thomas Sanders
I got a $350 ghost charge, you're not alone brother. Were you using a VISA card? Because mine was. VISA is claiming it's not their fault but I'm guessing they have something to do with this.
Kevin Foster
I was using a VISA card and was charged $135 over three separate withdrawals
Samuel Thompson
>I'm a brainlet debtor with no cash in the bank
Jace Howard
€345 ghost charge here. VISA card. Prepaid debit account so no harm was done but it still shows as a charge.
Brayden Diaz
It's a credit card linked to a bank savings account. Plenty of cash in the bank.
Lucas Turner
Exactly my case. Several charges over a few withdrawals, with some kind of weird "description" of the charges. Debit card as well. They're definitely temporary charges but not sure how long the charges will take to get expunged.
Brayden Turner
Its not just coinbase, it's banks interacting with coinbase, and has already been narrowed down to an after effect of the whole "Crypto purchases are now cash advances" thing.
Asher Lopez
Just spoke with my bank and they confirmed it was coinbase, fuck my life. My last purchase was like 3 weeks ago. Check your accounts guys
Aaron Rodriguez
Of course they're going to say its coinbase. You're talking to some schmuck in a call center who doesn't know they're crediting old charges and replacing them with charges that are classified as cash advances.
Logan Perry
>bank blocks coinbase >reeeeee its definitely not my bank its coinbae's fault
Joseph Foster
> "I am now broke, cannot afford rent, food, gas, bills," one user complained.
The absolute state of poorfag crypto investors.
"Can afford to lose" doesn't mean 50 percent of everything you own, you absolute brainlets omg poorfags are teh sux.
Austin Garcia
If they didn't make double spending in the first place the problem wouldn't be there. Not the banks fault cuckbase doesn't have their shit sorted out.
Zachary Lewis
>l >DO NOT USE COINBASE.
> but they have blocked incoming transactions from Coinbase because they are unable to validate the transactions and they suspect money may come from organised.
You and your bank deserve each other.
Oliver Price
yuge if substantiated
Jacob Russell
Thanks for (((correcting the record))) Coinbase™ dis-info squad.
Owen Bennett
>purchasing crypto from your main account >not having a separate buffer account with no overdraft facility
It's like you want to lose money
Dominic Reed
OY VEY GOYIM YES. IT'S THE GOYIMS FAULT THAT WE REAPPLIED A BUNCH OF CHARGES FROM 3 WEEKS AGO 6 MILLION TIMES.
Gabriel Gutierrez
you should thank big banks for the extra MCC charges and the poor who apparently use their debit cards as credit transactions and can't handle the fees.
Caleb Young
It's pretty obvious that after the reorganization of the cash advance thing somehow they've been going BACK and reclassifying them, which is messed up. I see some others have been affected like mastercard or bank transfers but there are few enough instances (like 5) where these people are likely just legitimate idiots or have had an unrelated problem. Overwhelming majority is VISA debit card.
There is no doubt all of this is made funnier by clueless casuals who just got in claiming everything is rigged though.
Sebastian Foster
How the fuck was I supposed to anticipate this dude?
Landon Lee
>nano is being added to coinbase >this happens
Benjamin Williams
>i'm retarded >i'll blame the jews that'll show them
Ethan Roberts
dude I just had $200 pulled out then put back in..had to call my card company to ask them to take off the $10 cash advance fee they charge for buying currency.
Christian Davis
If it has to do with reclassifying transactions as cash advances then why are people who buy it on debit being affected you fucking kike?
Benjamin Cooper
Because this sort of thing happens? Obviously there was no way of predicting that this specific case would occur but you should take precautions none the less
Noah Stewart
Because its still a transaction through a visa card that is getting it's metadata changed.
Ethan Wood
Like holy shit, I normally accuse people who talk about disinfo squads as being conspiracy theorists...but either crypto-fanboys have gone full nintendrone with their assault on reasonable discourse... or Coinbase is pozing up this board with disinformers to cover their ass.
Christian Cox
Boy, good thing I don't use my fucking CC like a retard.
Parker Long
But using it as a debit card literally just draws money straight out of your chequing account.
Wyatt Cook
I'm actually surprised I never hear NEO being talked about being added to CB. I've heard rumors of REQ and XRP being added, and they're frankly not even as solid as NEO.
Adrian Hernandez
>IT'S NOT COINBASE™'S FAULT >BY THE WAY WE HAVE SOME EXCITING NEW CRYPTOS BEING ADDED TO OUR EXCHANGE IN THE FUTURE!
Camden Hughes
It was an off-handed and unrelated comment to the thread, I'm sorry you absolute autist I won't let it happen again.
Asher Cooper
So I, the poorfag with only a few hundred dollars to play with should have gone out of his way to set up an entirely separate bank account specifically for coinbase transactions? You may be right and I'll probably do this now, but that would still land me in hot water with that other bank.
Robert Kelly
>Not ever being able to get a loan or mortgage cause no credit history >forever living in mommy’s basement
Kek
Tyler Allen
YOU SONS A BITCHES BETTER STOP SAYIN DEM THINGS THAT BE TRUE IF THEY GON MAKE MY COINS GO DOWN
ONLY SAY THINGS THAT GONE MAKE MY COINS GO UP
Dylan Jenkins
because they cant spell ethereum
Michael Lopez
Are we really still fuding this? >autistic needs don't use ccs for anything besides crypto and have never experienced chargebacks or double charges >normie redditfags are so impatient they double click everything for crypto >believing reddit posts
Dylan Collins
It's not my fault your concept of how money moves is tiny men running physical dollar bills back and forth.
Elijah White
Notice it is only the amricucks who are affected, SEPA transfer to coinbase == no problems
James Hall
I just got a duplicate charge last night. Originally bought on FEB 9 and my account got charged again yesterday while i got 0 BTC the 2nd time. What the fuck
Camden Lewis
Why can't I add my VISA card to Coinbase this year? fucking telling me to contact card issuer.
Lincoln Moore
I didn't bring coinbase up, the guy just said coinbase charged me $750 last night