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FTX customer seeks help after mistaken deposit allegedly results in $1M in fees

A crypto hodler is outraged after allegedly copping a $954,135 fee from centralized exchange FTX. The trader claims the fee was charged over a mistaken deposit they believe was the exchange’s fault.On Oct. 6, the Rekt Blog published screenshots of correspondence that suggest the problems began when the customer deposited

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AT&T Sued by Customer After Security Breach Led to Theft of Cryptocurrency – News Bitcoin News

An AT&T customer filed a lawsuit against the company last week accusing it of failing to provide “reasonable and appropriate security to prevent unauthorized access to its customer wireless accounts.” This has led to the theft of cryptocurrency from the plaintiff’s crypto exchange account. AT&T Sued by Crypto Investor An AT&T customer,

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NYAG shuts down Coinseed for converting customer funds into DOGE without consent

The New York Attorney General (NYAG) has won a victory against crypto exchange Coinseed for its dodgy dealings with Dogecoin and defrauding its customers. On Sept. 13 NYAG Letitia James ordered Coinseed Inc. to permanently halt operations and pay $3 million in fines after it had been accused of freezing withdrawals

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Bitstamp and Ledger execs weigh customer service debate after Coinbase saga

Popular cryptocurrency exchange Coinbase recently amassed a panoply of customer service complaints regarding account locking, hacking and even lost funds.A recent tweet by crypto analyst Kaleo garnered hundreds of comments from users all sharing stories of their unfavorable experiences with the exchange. This isn’t the first time the firm has

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Coinbase users angry with customer support after funds disappear from accounts

Coinbase is under fire for terrible customer service following reports of users accounts being hacked and drained of funds. According to an Aug. 24 investigation by CNBC, thousands of customers across the country have lodged complaints against the company.The outlet stated that it had interviewed numerous Coinbase customers who claimed hackers

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Tether’s Bank Says It Invests Customer Funds in Bitcoin

Deltec, Tether’s Bahamas-based bank, announced Thursday it was investing customer funds in bitcoin.The announcement, made by Deltec Bank & Trust Chief Investment Officer Hugo Rogers during a year-in-review video, raises new questions about whether the dollar-pegged USDT stablecoin, which is in theory backed by cash and “cash equivalents,” as well

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FinCEN Encourages Banks to Share Customer Data With Each Other- CoinDesk

A U.S. agency that fights financial crime is encouraging financial institutions, ranging from banks to cryptocurrency exchanges, to share customer information with one another to catch wrongdoers.The Financial Crimes Enforcement Network (FinCEN), a bureau of the Treasury Department, issued a fact sheet Thursday spelling out that the 2001 Patriot Act

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