Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Brian Armstrong: Coinbase Cuts Account Freezes by 82%

Brian Armstrong: Coinbase Cuts Account Freezes by 82%

Cryptotimes2025/06/10 00:48
By: Pari ShuklaDhara Chavda

Coinbase, the US crypto exchange, has cut down on freezing its user accounts by 82%. The firm’s CEO, Brian Armstrong, stated that these account freezes had been a serious problem for too long and upset many customers. 

He has made resolving such issues a top priority for the company in order to enhance the experience and improve outcomes for its users. He further stated that, “We have made progress, with more to come.”

The CEO has stated this on his X post. The exchange has faced years of complaints from users locked out of accounts, sometimes for months or even years. Some abandoned the platform entirely, while others, responding to Armstrong’s post, shared ongoing struggles. Criticism also targeted Coinbase’s customer support.

Armstrong credited product team member Dor Levi, hired in April 2025, for driving the fix. Levi, in his own X post, explained that “significant investments” in machine learning models and infrastructure improved the precision and recall of their systems, leading to fewer freezes. 

As per the reports, the leaders at Coinbase said they will still have to lock some accounts if a court or law requires it. Dor Levi, who works at Coinbase and is also a user, stated that the account experience is still inadequate, so the team will continue to work on improvements.

This effort follows an incident in December 2024, during which malicious individuals bribed some Coinbase support workers overseas, resulting in the theft of IDs and addresses belonging to 70,000 customers. Coinbase only told people about this in mid-May 2025.

Despite these issues, Coinbase remains a large platform, assisting over 100 million users and managing the highest amount of Bitcoin for specialized investment funds. The exchange is also working hard to boost and improve its The goal is to enhance security and prevent future problems, with the hope of regaining users’ trust by improving their experience.

Follow The Crypto Times on Google News to Stay Updated!
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — HOLO/USDT!
Bitget Announcement2025/09/12 07:46
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA2025/09/12 06:14
OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA2025/09/12 06:14
New spot margin trading pair — LINEA/USDT!
Bitget Announcement2025/09/11 10:04

Trending news

More
1
New spot margin trading pair — HOLO/USDT!
2
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,765.17
-0.20%
Ethereum
Ethereum
ETH
$4,672.01
-1.87%
XRP
XRP
XRP
$3.11
-0.21%
Tether USDt
Tether USDt
USDT
$1
+0.01%
Solana
Solana
SOL
$247.87
+1.71%
BNB
BNB
BNB
$934.21
+0.56%
USDC
USDC
USDC
$0.9998
+0.00%
Dogecoin
Dogecoin
DOGE
$0.2879
+2.74%
TRON
TRON
TRX
$0.3509
-0.70%
Cardano
Cardano
ADA
$0.9212
-0.94%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter