Following a deluge of complaints, Coinbase confirmed it suffered a glitch which resulted in charging numerous users multiple times for the same cryptocurrency purchase – some for up to 50 times the original sum. But while customers deal with negative balances, both companies remain reluctant to own up to this epic blunder. Despite initially admitting the erratic overcharges originated from its own payment processing network, Coinbase swiftly changed the tune, blaming the malfunction on Visa and recent changes to the MCC code implemented by a heap of leading financial institutions. “We’re currently investigating an issue where some customers were charged incorrectly…
This story continues at The Next Web
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