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Coinbase banning Russian citizens

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by COINS NEWS 154 Views

I just received the following email from the help at coinbase com address. Is this a fucking joke? I don’t even live in Russia. Is this real?

„Important: Action required by May 31, 2022 to avoid losing access to your Coinbase account. To comply with EU sanctions that prohibit Coinbase from providing crypto services to certain Russian customers, Coinbase will soon restrict your ability to access your account. Before May 31, 2022, you need to withdraw all funds from your account or provide us with specific documents to show you are not covered by these sanctions. After that date you risk your funds being frozen. Additional funds sent to your Coinbase account during this time period may also be frozen.

Hello from Coinbase Support,

On April 8, 2022, the EU issued sanctions that prohibit Coinbase from providing crypto services to certain Russian customers. These customers include Russian nationals, entities established in Russia, or residents of Russia. Based on your account records, we believe you are included in these sanctions. To comply, Coinbase will soon be restricting your ability to access your account.

You have a limited period of time to remove funds from your account. If you wish to withdraw your funds, you must do so before 5:01 GMT on May 31, 2022. If you do not remove your funds by this date, those funds may be frozen. You must also not send additional funds to your Coinbase account during this period, as those funds may be frozen as well.“

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