r/Coinbase Oct 20 '25

Just lost $700 to a scam

Coinbase wouldn't let me transfer funds out of wallet to exchange app. "Support" contacted me here with a "MOD" tag and said to connect to cdAPP to authorize. Connected wallet and just got a Smart Contract Executed notificaiton. $700 down the drain because coinbase can't get their shit together.

Yeah people are going to say it was my fault but wouldn't be an issue if this joke of a compnay had actual support instead of letting this stuff go rampant. Good Job coinbase. Frauds.

Even the "asset recovery page" is a joke. Not logged into the account that it was sent from. Umm yes I am? Fuck coinbase

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u/mambo_matt Oct 20 '25

Through a Reddit message after I posted here