I am writing this post to warn everyone about [u/Coinbase](https://www.reddit.com/u/Coinbase/) [u/coinbasesupport](https://www.reddit.com/u/coinbasesupport/) the scam that they pulled on me:
I transferred thousands of dollars to their platform, only to later discover that preventative measures such as a change in the ticker name and a pop-up warning message were not present at the time of my initial transfer (but added subsequently). As a result of their sheer negligence, I have lost a significant amount of money that I had worked hard to save over the years. This financial loss has caused immense stress and hardship in my personal life, ultimately leading to the destruction of my marriage and other cascading affects.
It is shocking that Coinbase is a publicly listed company on the NASDAQ and yet they are able to scam innocent people out of their hard-earned savings. If Brian Armstrong CEO is aware that this is happening at the company, then he needs to stand trial for this. I urge regulators to investigate this matter and look into any potential criminal activity on the part of Coinbase.
I urge everyone think twice about using Coinbase, and maybe look to other exchanges such as Binance (which are much more professional and value their customers). You are 100% liable/negligent for misleading your customers to send their crypto via an unsupported network and to an unsupported wallet as you used the same ticker as the native IOTX instead of adding “ERC-20”, which you have now added (after the fact) along with a warning message (both of which were absent at the time of transfer – that is totally scandalous and does not look good in the eyes of the regulators or to shareholders of your publicly listed company.