All your money is gone. Whoops!

Sorry for your loss.  The world of cryptocurrency trading is notoriously risky, but it wasn’t supposed to be like this. Some Coinbase account holders are losing their shit today as they look to their bank statements to find that the exchange has withdrawn excessive amounts of money from their accounts.  SEE ALSO: Even Coinbase thinks you should maybe chill for a goddamn minute on Bitcoin Like, a lot of money.

And no, there wasn’t just another huge cryptocurrency crash that caught a bunch of margin traders flat footed. Instead, it seems that Coinbase has been mistakenly draining the non-cryptocurrency bank accounts of its customers.  Panicked individuals have taken over the Coinbase subreddit with stories about the exchange double and triple charging them — leaving them flat broke.  “You drained my bank account and now I have nothing,” reads one post from this morning.

  “Welp officially broke,” reads another, “charged 17×1000$ on my account.” “FREAKING OUT,” posts another user.

“Coinbase drained my bank account. Took 5x the amount I authorized from debit. Read more from…

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