Accountability for COINBASE GYEN account freeze.

Accountability for COINBASE GYEN account freeze.

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Chris Fleming started this petition to Coonbase Brian Armstrong and

  As a whole, we as your client base were offered an opportunity on Coinbase.com, Coinbase Wallet, Coinbase Pro, and Coinbase app to hold (GYEN) A stable coin that is intended to maintain the value of one Japanese Yen. The company behind GYEN, GMO-Z.com Trust Company claims to hold reserves to fully back each GYEN. 

As a result of Coinbase listing GYEN as a stable coin, we purchased, converted, or transferred funds into GYEN. Following the coin being listed we were then locked out of any and all functions of trade, transfer, conversion, or sale of GYEN, resulting in losses due to Coinbase error.

We as a whole recognize that mistakes happen and there is the potential for loss when investing in any Crypto currency or asset. Though in this case the losses came from internal technical errors of Coinbase. 

We as a whole are due all originally invested funds into GYEN weather it was purchased, converted, or transferred to Coinbase.

As a reference:

“Coinbase Ventures may be an investor in the crypto projects mentioned here, and additionally, Coinbase may hold such tokens on its balance sheet for operational purposes. A list of Coinbase Ventures investments is available at https://ventures.coinbase.com/ Coinbase intends to maintain its investment in these entities for the foreseeable future and maintains internal policies that address the timing of permissible disposition of any related digital assets, if applicable. All assets, regardless of whether Coinbase Ventures holds an investor or Coinbase holds for operational purposes, are subject to the same strict review guidelines and review process.
This website contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of Coinbase, Inc., and its affiliates (“Coinbase”), and Coinbase is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. Coinbase is not responsible for webcasting or any other form of transmission received from any Third-Party Site. Coinbase is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by Coinbase of the site or any association with its operators.

Crypto is a new type of asset. Besides potential day to day or hour to hour volatility, each crypto asset has unique features. Make sure you research and understand individual assets before you transact.”

0 have signed. Let’s get to 5,000!
At 5,000 signatures, this petition is more likely to get picked up by local news!