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But....did you use your Coinbase account to conduct any illegal transactions? You didn't answer a very straight forward question.

by mbesto 11y ago

gknoy 11y ago
> I have provided them with more than enough information to prove all of my income is legitimate That seems like a roundabout way of saying, "No, I did not conduct any illegal transactions".
- tw04 11y ago
  You can buy drugs with legitimate income. The fact he didn't directly say no the first or second time says the answer is probably yes.
  - such_a_casual 11y ago
    >The fact he didn't directly say no the first or second time says the answer is probably yes. Your statement is perhaps true from the perspective of a 110 IQ individual. However, for the rest of us, it makes no sense to make such a silly assumption.
    - anon1mous 11y ago
      <<For the rest of us>> on YN with 120+ IQ :)
    - dang 11y ago
      > Your statement is perhaps true from the perspective of a 110 IQ individual. However, for the rest of us This breaks the HN guidelines. Please don't comment like this here.
  - ewillbefull 11y ago
    That's a dumb, deliberate misreading of my comment and a ridiculous jump to conclusions. I have done nothing illegal. I said clearly that I made _one_ transaction (a wire transfer) and I said clearly that they questioned me on my income. Their concern is "where did you get your money" to which I answered them thoroughly.
    - mirimir 11y ago
      I had no idea that KYC now has such onerous proof of income requirements. It's mind boggling.
- unclebucknasty 11y ago
  No. It actually seems like a concise way of explaining how coinbase has been deficient in the commenter's experience. That the transactions were believed to be legitimate was strongly implied in the same sentence, which just required a little deduction on your part.
ewillbefull 11y ago
No, I didn't conduct any illegal transactions. I thought that would be obvious from my second comment. Somehow you believe I would waste my time complaining about Coinbase yet be at clear and obvious fault?
CyberDildonics 11y ago
What is an illegal transaction?
kudu 11y ago
Does it matter? In what world is Coinbase a judge, jury and executioner who can determine if a Bitcoin transaction is 'legal' or 'illegal' with absolute certainty?
- jeremyjh 11y ago
  The law absolutely requires them to stop doing business with - and report on - people who they have good reason to believe fall into money laundering, terrorist financing and other KYC financial crimes categories. Their safest - and cheapest - way to comply is use rather shallow and heavily automated systems to score their customers and react accordingly.
  - shkkmo 11y ago
    So we shouldn't judge a company for picking their own safety and cheapness over providing timely competent support to their customers? I don't get the point of your comment.

But....did you use your Coinbase account to conduct any illegal transactions? You didn't answer a very straight forward question.

by mbesto 11y ago

But....did you use your Coinbase account to conduct any illegal transactions? You didn't answer a very straight forward question.

gknoy 11y ago

> I have provided them with more than enough information to prove all of my income is legitimate That seems like a roundabout way of saying, "No, I did not conduct any illegal transactions".

tw04 11y ago
You can buy drugs with legitimate income. The fact he didn't directly say no the first or second time says the answer is probably yes.
- such_a_casual 11y ago
  >The fact he didn't directly say no the first or second time says the answer is probably yes. Your statement is perhaps true from the perspective of a 110 IQ individual. However, for the rest of us, it makes no sense to make such a silly assumption.
  - anon1mous 11y ago
    <<For the rest of us>> on YN with 120+ IQ :)
  - dang 11y ago
    > Your statement is perhaps true from the perspective of a 110 IQ individual. However, for the rest of us This breaks the HN guidelines. Please don't comment like this here.
- ewillbefull 11y ago
  That's a dumb, deliberate misreading of my comment and a ridiculous jump to conclusions. I have done nothing illegal. I said clearly that I made _one_ transaction (a wire transfer) and I said clearly that they questioned me on my income. Their concern is "where did you get your money" to which I answered them thoroughly.
  - mirimir 11y ago
    I had no idea that KYC now has such onerous proof of income requirements. It's mind boggling.
unclebucknasty 11y ago
No. It actually seems like a concise way of explaining how coinbase has been deficient in the commenter's experience. That the transactions were believed to be legitimate was strongly implied in the same sentence, which just required a little deduction on your part.

ewillbefull 11y ago

No, I didn't conduct any illegal transactions. I thought that would be obvious from my second comment. Somehow you believe I would waste my time complaining about Coinbase yet be at clear and obvious fault?

CyberDildonics 11y ago

What is an illegal transaction?

kudu 11y ago

Does it matter? In what world is Coinbase a judge, jury and executioner who can determine if a Bitcoin transaction is 'legal' or 'illegal' with absolute certainty?

jeremyjh 11y ago
The law absolutely requires them to stop doing business with - and report on - people who they have good reason to believe fall into money laundering, terrorist financing and other KYC financial crimes categories. Their safest - and cheapest - way to comply is use rather shallow and heavily automated systems to score their customers and react accordingly.
- shkkmo 11y ago
  So we shouldn't judge a company for picking their own safety and cheapness over providing timely competent support to their customers? I don't get the point of your comment.