Coinbase Blocked Thousands Of Accounts Due To Regulatory Compliance, Halting Customer Funds
In the last few days, several customers of the crypto exchange Coinbase have complained about having their accounts restricted.

In the last few days, several customers of the crypto exchange Coinbase have complained about having their accounts restricted.
The enraged crypto community rejoiced, as they received justice after the Twitter account of Pixelverse was suspended. Pixelverse, a budding member of Play to earn crypto project, was temporarily cancelled following disappointing conditions given to the community for its crypto airdrop claims.
A recent post on X has garnered support from the crypto community, urging Elon Musk to take action against a profile claiming to be the creator of Bitcoin, Satoshi Nakamoto.
Earlier this year, regulatory authorities in the United States initiated legal action against Gemini and Genesis Global Capital, accusing them of engaging in the trading of unregistered securities via the Gemini Earn crypto asset lending initiative.
The beleaguered Gemini Earn program is now the linchpin in a new set of charges filed by the Securities and Exchange Commission against both Genesis and Gemini.
The platform's new owner issued the warning after some celebrities changed their Twitter display names — not their account names.
In a letter directed towards its users, Blockchain.com, a crypto wallet has mentioned that it shall block accounts of Russian nationals starting October 27, 2022.
Roman Semenov, co-founder of TornadoCash, tweeted that his GitHub account had been suspended after the U.S. Treasury Department’s sanctions announcement, and the Tornado Cash repository has also been deleted from GitHub.
Despite its promise to cater to the needs of individual developers, the latest wave of sanctions has forced the open-source platform to block even former employees of sanctioned firms.
The Wikimedia Foundation decided it has had enough of crypto as 71% decided to ban all digital asset donations and to close its BitPay account.