Consumer complaint received 2024-04-10 00:00:00
Product: Money transfer, virtual currency, or money service — Virtual currency
Issue: Fraud or scam — 
Company: Coinbase, Inc.
State: MI

Complaint narrative:
In XX/XX/2022 I and others purchased WLUNA ( WRAPPED LUNA ) on the Coinbase centrilized exchange. WLUNA is an erc-20 coin meant to be/ represent Luna on the ETH ( Ethereum ) Blockchain. WLUNA is backed by a self executing immutable smart contract that insures that 1WLUNA is always equal to and exchangeable for 1Luna at any time. Its meant to always represent, follow and reflect the main currency from XXXX ( XXXX XXXX XXXX ) on the ETH blockchain. Coinbase ventures pursued and funded the creation of this asset through XXXX XXXX XXXX XXXX XXXX XXXX XXXX 

XXXX XXXX XXXX  was announced by XXXX to move away from the issues that caused the original XXXX crash. Coinbase continued to sell XXXX ( which has been ruled a security ) until immediately before XXXX XXXX was XXXX XXXX and relaunched by which Coinbase suspended trading just as XXXX XXXX was relaunched. The suspension was clearly due to the immutability of the contract and auto execution/ migration due to this its not actually being able to actually be changed ( ethvalidate still shows wluna valued at XXXX with the new XXXX XXXX ). In this event investors were defrauded out of XXXX with XXXX XXXX/ the main currency by which new XXXX XXXX XXXX XXXX price was XXXX XXXX per coin falling after this peak then raising again to just about XXXX XXXX per coin before falling again and sitting at or below XXXX  XXXX per coin. ( plenty of evidence of peoples wallet balances holding WLUNA reflecting new XXXX  XXXX Pricing at launch only to later be changed along with fake name and ticker ) Since the suspension of XXXX ( AND ITS STILL STATED TO BE SUSPENDED ) WLUNA holders have been manipulated and abused by Coinbase and affiliates. The WLUNA name was fraudulently changed to WLUNC ( Wrapped Luna Classic ) the price and other things on surface level have been constsntly manipulated. On social media XXXX XXXX XXXX XXXX XXXX we have been silenced and shadowbanned likes and posts disappearing community XXXX tags and XXXX tag feeds have been scrubed Coinbase and everyone else silent refusing to talk or acknowledge. Agents being sent on socials to try to badger belittle gaslight and intimidate community members. People including my self being blocked by XXXX and Coinbase official XXXX  accounts for merely holding Wluna. Likes disappearing from posts comments disappearing ( its unlikley XXXX has anything to do with this or knowledge of it as it begain before XXXX was sold to him ) CB shows on exchange both old Luna and new Luna under the same name. They only changed XXXX ( XXXX stable coin ) to XXXX ( XXXX XXXX XXXX ) and WLUNA to Wrapped Luna classic dispite it still showing WLUNA and not XXXX both XXXX and LUNA are listed as XXXX XXXX with different symbols throwing wluna pricing off further as everything is being manipulated at the surface level. Anyone whos moved off the Coinbase Exchange has been given XXXX XXXX  due to Wluna having a double ticker. The list of things over the past 2 years goes on for miles. 

Coinbase sold an unregistered security bound by an immutable self executing smart contract to me and others. Affiliats as well as Coinbase have done everything in there power Coinbase defrauded investors, they have comitted contract fraud they pushed for and funded the creation of this asset and contract. They abandoned and begain to manipulate and abuse investors once realising contract was too sound and could not be changed for there benifit as they did not want to pay us out for the true pricing of the asset. Countless illegal NDAs have been deployed to everyone but investors countless tools being used to manipulate/ defraud. 

( personally ive been logged into the same cb account same device for 2 years and often cb logs me out and makes me sign back in as if I'm signing in from a new devide dispite me being a paid membership and also using XXXX authentication. ) This is yet another example. 
This has gone on for 2 years. 

Feel free to search XXXX or reach out to other community members we all collectively have tons of proof of what we claim. My media files on this i believe are too large to attach

Company response to consumer: Closed with explanation