No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, December 5, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

Coinbase Faces Customer Fury — Exec Promises To Do Better

by TheAdviserMagazine
2 months ago
in Cryptocurrency
Reading Time: 3 mins read
A A
Coinbase Faces Customer Fury — Exec Promises To Do Better
Share on FacebookShare on TwitterShare on LInkedIn


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Coinbase has faced weeks of anger from users who say the exchange is slow to respond when they need help. Reports have revealed that frustration grew even louder after a major data breach exposed sensitive details of more than 69,000 customers. Now, the company is promising to change how it handles support.

Four-Pillar Plan To Fix Service

Senior Director Wes Griffith admitted that customers have not been satisfied. He announced a four-pillar strategy aimed at repairing the relationship with users.

The first step is to catch problems in the product itself before people need to ask for assistance.

The second step will push more automation and self-service options so simple problems can be solved without contacting an agent.

The third part of the plan is to make it easier to reach a real human when needed. Many users have complained about getting stuck in loops with chatbots, repeating their issues without getting real answers.

The fourth pillar focuses on live support quality, with training and better tools promised for staff. Coinbase says fewer transfers between agents are already helping customers get their issues solved faster.

We know customer support at Coinbase has been criticized. We hear you, we are consistently improving and want to bring you along the way.

Here’s how we’re making it happen:

1. Saving customers’ time by fixing product issues early and removing roadblocks before they turn into…

— Wes-G.eth 🛡️ (@jwesgriffith) September 19, 2025

Data Breach Fueled Anger

The backlash reached a peak after a TaskUs employee working for Coinbase was accused of stealing and selling customer records.

According to reports, as many as 200 customer files a day were photographed and offered for sale. Names, phone numbers, emails, and even government ID images were taken.

Total crypto market cap currently at $3.98 trillion. Chart: TradingView

Coinbase has stressed that no passwords, private keys, or funds were touched.

The company ended ties with those involved in the breach and is working more closely with law enforcement. It is also moving toward creating a US-based customer service hub, a move that could help cut reliance on outside vendors.

Early Signs Of Change

Based on the latest numbers, customer satisfaction improved by around 20% in August compared to the previous months.

The rate of contact transfers, when a customer’s case is handed off between agents, has dropped to about 10%. Coinbase says these early results show progress, but the effort is far from complete.

Security and service remain under the lens. Regulators are still investigating, and users continue to question whether the changes will hold over time. Many customers want to see faster response times and more transparency on how issues are tracked.

Coinbase’s promise is simple: listen more closely and respond faster. Whether the company can turn that pledge into lasting improvement is something both customers and regulators will be watching closely.

Featured image from Money; Getty Images, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

Tags: CoinbaseCustomerExecfacesfurypromises
ShareTweetShare
Previous Post

5 Passive Income Streams for Retirees To Build Wealth

Next Post

Trump and Elon Musk reunite at Kirk’s memorial service, months after stunning public feud

Related Posts

edit post
Bitcoin is quietly becoming the ultimate expert witness, forcing judges to accept a new standard of truth

Bitcoin is quietly becoming the ultimate expert witness, forcing judges to accept a new standard of truth

by TheAdviserMagazine
December 4, 2025
0

The year is 2075. The judge does not ask for a deed. She asks for a transaction ID.The landlord’s lawyer...

edit post
Ethereum NUPL Holds Steady, Signaling Market Balance Amid Volatility

Ethereum NUPL Holds Steady, Signaling Market Balance Amid Volatility

by TheAdviserMagazine
December 4, 2025
0

Ethereum is demonstrating notable relative strength after reclaiming the $3,150 level and attempting to push higher, offering a refreshing shift...

edit post
Ether ETFs Lead With 0 Million Inflow as Bitcoin and Solana Slip

Ether ETFs Lead With $140 Million Inflow as Bitcoin and Solana Slip

by TheAdviserMagazine
December 4, 2025
0

Ether exchange-traded funds (ETFs) staged a powerful comeback with one of their strongest inflow days in weeks, while bitcoin slipped...

edit post
CFTC Opens Futures Market to Spot Crypto Trading in Major Shift

CFTC Opens Futures Market to Spot Crypto Trading in Major Shift

by TheAdviserMagazine
December 4, 2025
0

Fail Better Trading Tech to Tackle Industry Risks Fail Better Trading Tech to Tackle Industry Risks Fail Better Trading Tech...

edit post
CFTC Greenlights Spot Crypto Trading on US Exchanges

CFTC Greenlights Spot Crypto Trading on US Exchanges

by TheAdviserMagazine
December 4, 2025
0

The US Commodity Futures Trading Commission has given approval for spot cryptocurrency products to trade on federally regulated futures exchanges.In...

edit post
Bitcoin Hyper Presale Nears M as Top Bitcoin Layer 2 and Best Crypto Presale

Bitcoin Hyper Presale Nears $30M as Top Bitcoin Layer 2 and Best Crypto Presale

by TheAdviserMagazine
December 4, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Quick Facts: ➡️ Bitcoin’s base layer still...

Next Post
edit post
Trump and Elon Musk reunite at Kirk’s memorial service, months after stunning public feud

Trump and Elon Musk reunite at Kirk's memorial service, months after stunning public feud

edit post
Trump calls Kirk ‘martyr’ as his wife forgives shooter

Trump calls Kirk ‘martyr’ as his wife forgives shooter

  • Trending
  • Comments
  • Latest
edit post
7 States That Are Quietly Taxing the Middle Class Into Extinction

7 States That Are Quietly Taxing the Middle Class Into Extinction

November 8, 2025
edit post
How to Make a Valid Will in North Carolina

How to Make a Valid Will in North Carolina

November 20, 2025
edit post
8 Places To Get A Free Turkey for Thanksgiving

8 Places To Get A Free Turkey for Thanksgiving

November 21, 2025
edit post
Could He Face Even More Charges Under California Law?

Could He Face Even More Charges Under California Law?

November 27, 2025
edit post
Data centers in Nvidia’s hometown stand empty awaiting power

Data centers in Nvidia’s hometown stand empty awaiting power

November 10, 2025
edit post
8 States Offering Special Cash Rebates for Residents Over 65

8 States Offering Special Cash Rebates for Residents Over 65

November 9, 2025
edit post
Hormel (HRL) expects earnings pressure to continue into Q1 2026

Hormel (HRL) expects earnings pressure to continue into Q1 2026

0
edit post
The Disasters of Government Enterprise

The Disasters of Government Enterprise

0
edit post
As Eli Lilly Cuts Zepbound Prices, Should You Buy, Sell, or Hold LLY Stock?

As Eli Lilly Cuts Zepbound Prices, Should You Buy, Sell, or Hold LLY Stock?

0
edit post
Bitcoin is quietly becoming the ultimate expert witness, forcing judges to accept a new standard of truth

Bitcoin is quietly becoming the ultimate expert witness, forcing judges to accept a new standard of truth

0
edit post
5 Hidden Network Changes That Could Disrupt Your Medicare Coverage This Year

5 Hidden Network Changes That Could Disrupt Your Medicare Coverage This Year

0
edit post
Positive Breakout: These 9 stocks cross above their 200 DMAs – Upside Ahead?

Positive Breakout: These 9 stocks cross above their 200 DMAs – Upside Ahead?

0
edit post
Stitch Fix raises full-year revenue outlook to .32B–.35B amid accelerating client engagement and AI-driven innovation (NASDAQ:SFIX)

Stitch Fix raises full-year revenue outlook to $1.32B–$1.35B amid accelerating client engagement and AI-driven innovation (NASDAQ:SFIX)

December 4, 2025
edit post
Positive Breakout: These 9 stocks cross above their 200 DMAs – Upside Ahead?

Positive Breakout: These 9 stocks cross above their 200 DMAs – Upside Ahead?

December 4, 2025
edit post
Introducing the new Customer Feedback Management And Analytics Solutions Market

Introducing the new Customer Feedback Management And Analytics Solutions Market

December 4, 2025
edit post
Bitcoin is quietly becoming the ultimate expert witness, forcing judges to accept a new standard of truth

Bitcoin is quietly becoming the ultimate expert witness, forcing judges to accept a new standard of truth

December 4, 2025
edit post
SoFi stock drops on .5 billion stock offering

SoFi stock drops on $1.5 billion stock offering

December 4, 2025
edit post
Ethereum NUPL Holds Steady, Signaling Market Balance Amid Volatility

Ethereum NUPL Holds Steady, Signaling Market Balance Amid Volatility

December 4, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Stitch Fix raises full-year revenue outlook to $1.32B–$1.35B amid accelerating client engagement and AI-driven innovation (NASDAQ:SFIX)
  • Positive Breakout: These 9 stocks cross above their 200 DMAs – Upside Ahead?
  • Introducing the new Customer Feedback Management And Analytics Solutions Market
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.