KNCL
Kyber Network Crystal Legacy
Mentions (24Hr)
0.00% Today
Reddit Posts
Mentions
That's a funny way to spell Kraken. Coinbase straight up commits fraud and then blames the users, e.g. when they misrepresent a token (e.g. KNC when it's actually KNCL) and there's no user way to verify that without transferring it and finding out by losing the tokens. They then rely on their rigged arbitration process and fact that most people won't find it worth enough to sue, even if they admit fault they keep the stolen funds. They lose outbound transactions too with the same excuse. They straight up rip people off with exorbitant fees unless you're on the trading desk, which they got rid of and stole funds by canceling sells that would be profitable by "error". Conveniently, these errors are always in their favor - stop losses that fail to hit and take profits that fail to trigger. Nah dog. Fuck coinbase and fuck your transparent as hell astroturfing.
Accurate. And the arbiters are extremely biased and blindly accept coinbases arguments as authorities on topics. Coinbase lost me 2k in KNC by not disclosing that their KNC was actually KNCL or KNCv1. Nowhere was it disclosed or listed and the migration to KNCv2 had happened a year prior so a reasonable person would assume that KNC = the generally functioning version. Nope. Refuse to assist. Attempt to go to arbitration. Arbiter says coinbase's terms mean as long as they sent the transaction, they're not liable. Fuck coinbase, fuck arbitration. Buncha scammers.
I still would love to get the $2000 in KNC I sent over from coinbase because coinbase didn't list, ANYWHERE, that they were on KNCL not KNC. So it's just... locked away on Kraken's legacy contracts.
Well, for starters those twats lose crypto left and right by scamming people with misrepresented coins (KNCL represented as KNC, for example) and then getting slapped in arbitration so...
I sent a $2000 test transaction (1000 KNC) . Because I didn't really think it was going to be an issue, I'd checked and rechecked the addresses. It was lost. Better than losing the entire 20,000 KNC... Fuck coinbase. They were claiming KNCL was KNC. Then they pointed me to a hidden FAQ doc about the damn thing as if literally anyone on the planet would have known about them representing KNCL as KNC. Kraken confirmed the funds went to the KNCL wallets, but they can't credit it to me because, yeah, they were crystal clear about not taking KNCL. It's coinbase's fault for misrepresenting it. Sadly, they're getting away with it because it'd cost more than 2k in lawyer fees and my time to sue them for it. Fuck. Coinbase. Always. Send. A. Test.
Glad you got some resolution. They've done nothing for me since misrepresenting KNC as KNCL and causing me to lose 1000 knc.
Coinbase is straight up fraudulent with how they misrepresent certain tokens (e.g. LOOM, KNC). I lost $2000 worth of KNC because they misrepresent KNCL as KNC. Fuck coinbase.
's what Coinbase has done. $2000 in KNC lost because they're willfully misrepresenting KNCL as KNC.
Coinbase is also misrepresenting tokens. Try withdrawing or transferring KNC. It's not KNC. It's KNCL. They lost 1000 KNC. Sadly, it's not worth the cost it'd take to take them to arbitration. So glad I moved to Kraken - just wish that I didn't lose $2000 worth of crypto in the process due to Coinbase's negligence.
Sorry, that was me. I executed a bunch of market sell orders instead of limits while getting the fuck off of coinbase and moving my funds to Kraken. As an aside, don't try to withdraw KNC from Coinbase - it's not KNC, it's KNCL and they now owe me a couple grand. :|