Coinbase Has Received the Third-Most Complaints Among Digital Wallet Firms

Coinbase Has Received the Third-Most Complaints Among Digital Wallet Firms
Coinbase’s digital wallet has received the third-most complaints among companies operating such wallets over the past four years.Coinbase received 755 complaints from 2017 through April 2021, according to the Massachusetts Student Public Interest Research Group (MASSPIRG), the consumer research and consumer advocacy group that reviewed complaints filed with the Consumer Financial Protection Bureau (CFPB). The CFPB first began receiving complaints about digital wallets in 2017.Complaints against Coinbase and other cryptocurrency exchanges have been rising steadily. Coinbase received the most complaints among the top crypto exchanges in the U.S., with 1,060 overall over a year-long period starting in May 2020, including…