Users of Coinbase, a popular website used to buy and sell cryptocurrencies, claim to be mulling over legal action after trades and customer service have allegedly stalled to a halt.
"In the first instance I would like to gather information on the scale of the problem and enough for me to pass on details to a lawyer for them to handle the case.
"I am proposing that the lawyer take a small % of the recovered funds to cover their fees but this has not yet been finalised. I am hoping that this alone will prompt Coinbase into action."
: "It's been two months since I first contacted Coinbase without any response from them at all. I think it's time to collectively start pursuing legal action."
that up to $10,000 worth of bitcoin was being held "hostage." It remains unclear, however, how widespread the issues are in the context of the wesbite's vast userbase.