Comment by babyshake

12 hours ago

A few weeks ago I got this email:

Update to the Coinbase User Agreement

We are emailing you about an important upcoming update to the Coinbase User Agreement. This update will revise our Arbitration Agreement with you. We made these updates to streamline the process for resolving disputes.

You can read the entire agreement here. The revised terms are in sections 9.9, 9.10 and Appendix 6.

These terms apply only to disputes that you or we initiate after May 15, 2025. The current terms will continue to apply until May 15.

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What date did this news come out? I see it just happens to be the same date as mentioned in this email, May 15. Coinbase sneakily is trying to prevent their customers from exercising their legal rights. If you work for Coinbase, you ought to be ashamed and quit. If you use Coinbase, remove all your assets immediately.

I'm open to hearing reasons why this is just a coincidence or I'm misinterpreting the situation. Please, go ahead.