Coinbase Preventing Account Closures as #DeleteCoinbase Movement Spreads

A number of users are reporting on social media that they are at the moment not able to delete their Coinbase accounts. This news comes as some cryptocurrency enthusiasts continue on to clamor for a boycott of the exchange huge more than its latest acquisition of Neutrino.

People Not able to Delete Their Coinbase Accounts

Amid the clamor for a boycott on Coinbase, some buyers are declaring that the company is preventing them from closing down their accounts. Respondents say they adopted the pretty quick account closing process only to be satisfied with error messages.

Even additional puzzling is the truth that these people say they have gotten rid of their dust – infinitesimal cryptocurrency fractions leftover from transactions. Self-professed Bitcoin maximalists like Adam Moore and Jeremy Seaside report zero account balances but however unable to close their accounts.

In a tweet revealed on Friday (March 1, 2019), the Moore stories that Coinbase shopper aid is still to reply to his criticism concerning the inability to close the account. One particular Twitter person also commented that most likely the organization is striving to suppress the amount of closed accounts during this period of negative publicity.

Coinbase Dust Chain

Coinbase reportedly does not make it possible for customers with leftover dust to shut their accounts. Studies on Twitter display buyers transferring their dust to other Coinbase end users in advance of closing their account.

Independent software program coder and Bitcoin fanatic, Udi Wertheimer has made the #DeleteCoinbaseTrustChain to enable with the method. Meanwhile, the most important #DeleteCoinbase hashtag now has more than 900 tweets.

#DeleteCoinbase Movement

The straw that broke the camel back again appears to be the company’s current acquisition of blockchain surveillance business Neutrino. Stories emerged that senior users of Neutrino have a lengthy history of acquiring point out-sponsored spy ware applications.

Critics say Coinbase’s affiliation with entities of these reputation go from the core rules of the cryptocurrency area. For a lot of, the Neutrino acquisition is the most current in a expanding checklist of indiscretions which incorporate questionable listing policies and exorbitant service fees.

In its defense, the organization claims it does not condone hacking but that it could not find the money for to go up on the technological know-how that Neutrino has on present.

Do you believe Coinbase is deliberately preventing end users from deleting their accounts? Allow us know your thoughts in the feedback underneath.

Images courtesy of Twitter (@AdamPaulMoore, @SaifuddinJalil, @udiWertheimer), Shutterstock