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A Coinbase user thought he called customer support. Instead he lost $100,000 in 20 minutes to scammers
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K2 Sports, LLC, known simply as K2, is an American sporting goods company headquartered in Seattle, Washington focused primarily on winter sports equipment. K2 operates under the labels K2 Snow and K2 Skates, as well as its subsidiaries Backcountry Access, Ride Snowboards, Tubbs Snowshoes, Atlas Snow-Shoe Company, LINE Skis, Full Tilt Boots, and Madshus brands. [1]
Coinbase's first wallet iteration was called "Toshi", named after Satoshi Nakamoto, which in turn is also the name of one of Brian Armstrong's cats. [ 11 ] [ 12 ] A 2018 funding round valued the company at $8.1 billion, and in December 2020, the company filed with the SEC to go public through a direct listing .
Coinbase One is a monthly subscription-based service that is designed for frequent Coinbase users who want to streamline the process of buying and selling crypto within the exchange.
In March 2018, the Quartz news website reported that the number of monthly customer complaints against Coinbase jumped more than 100 percent in January of that year, to 889, citing official Consumer Financial Protection Bureau data, with more than 400 of those categorized as "money was not available when promised". [128]
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