Cryptocurrency Q&A
Will Coinbase freeze your account?
Will Coinbase freeze your account?
FireflySoul
Tue Jan 14 2025
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7 answers
2106
I've heard stories about people's crypto accounts being frozen, and I'm wondering if the same could happen on Coinbase. Is there a chance that Coinbase might freeze my account for any reason?
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7 answers
CryptoGladiator
Thu Jan 16 2025
The primary purpose is to ensure compliance with sanctions programs.
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Claudio
Thu Jan 16 2025
Sanctions programs are designed to restrict or prohibit certain transactions.
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Lucia
Thu Jan 16 2025
Coinbase implements fund freezing measures in specific scenarios.
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Daniela
Thu Jan 16 2025
The US Office of Foreign Assets Control (OFAC) is one such sanctions administrator.
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SsangyongSpiritedStrengthCourage
Thu Jan 16 2025
These actions are compelled by legal requirements.
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