The tweet was deleted by the author.
But we saved everything 🙂.
Wall Street Silver, industry influencer, reports a distressing case in which a woman lost her entire life savings of over $300,000 to a crypto scam that was facilitated through Coinbase. According to Wall Street Silver, the financial loss resulted in the woman losing her home, requiring hospitalization, and now living in a single room. The tweet notes that the individual did not even know what Coinbase was prior to the incident.
Coinbase has recently come under scrutiny from industry observers. Matt Wallace previously accused the platform of working against a key crypto bill in the U.S.. He has also raised concerns about the limited investment options available to most Americans. The latest incident adds to a series of critical reports involving the exchange.