Who's At Fault For Coinbase and Visa Recent Overcharges?

in new •  7 years ago  (edited)


Image from TNW

Just read this article from TNW It had some pretty informing information about the recent overcharges. In one case someone bought $1,000 in cryptocurrency and got over charged 17x and drained there account. I would have been hurt! This happen a few days ago tho and if that was me i would have bought LiteCoin just to get the free forked coins. Well if that's what they did then now that they bought $17,000 worth of LiteCoin, That they would have bought for what $210 each? and now its almost $250 each? That's some mad profit for not meaning to get that much i mean your going to sale all the extra you didn't mean to buy and you got a shit ton of LiteCoin Cash now too. If the stock had went down tho it would be a different story not to say that the stock going up should affect how they feel! I have been hit with unauthorized charges before for a little or big amount i am still pissed off because that is my money and it only jumps if i say.

Sorry i got a little off topic but both companies blame each other at first, later on worldpay and coinbase gang up on visa and say that the overcharges are because a problem with there cards. Even tho visa said they didn't do any new update that would result in a double charge. Visa is the one that will be issuing the refunds of the over charges tho! Some people have reported to already got there refunds back but others say they call visa, Talk to the manger and eve the manger tells them they know nothing of that and that they wont revers the charges! That how i read everything at least i might have miss read so do your own research and check out the source.

https://thenextweb.com/hardfork/2018/02/19/visa-coinbase-cryptocurrency-overcharging/

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