Coinbase double deposited to my wallet. Need legal advice?

A while back, when SR1 was still around, I bought some BC off Coinbase. They transferred the BC to my SR wallet, and then a couple days later transferred the exact amount again. I let it sit for a month or so, waiting for them to notice the mistake, but nothing ever came of it, so I eventually spent it and had a fun weekend courtesy of CB- bank error in your favor, collect nirvana.

A few months later, I start getting notices about a negative balance. Keep in mind, I never requested two transactions or intentionally tried to defraud them in any way. I know in normal banking law, this doesn't matter and you are required to pay it back, but I also know there is a statute of limitations (maybe 2 weeks?). Now we also have the fact that it's BC, not a recognized currency by the US.. what can they possibly go after- they provided a 'service' that I didn't ask or pay for?

Anyway, I bring this up because a couple months ago they started sending "taking legal action" emails and just curious of what you guys think they might have to stand on here. TIA for any advice.


Comments


[13 Points] PeterSutcliffe:

Transfer it to a different wallet, delete this post, praise the gods of bitcoin then never mention it on the internet again.


[5 Points] None:

This was a mistake on their end. BTC has value but it is not actual curreny. They have have offered you a service but they fucked up. I don't think they could take you to small claims court or sue you because you paid for X amount of dollars for X amount of btc and recieved double. They aren't a banking institution so you aren't required to give anything back to them. In my opinion there is nothing criminal about this. At the worst though they MIGHT able to take you to small claims court but I don't see how.


[2 Points] bernardo44:

Well, they can surely delete your account. I have no idea what other repercussions there might be, but they have your bank info and they're a legitimate business, and you paid with actual money for their service so I wouldn't be surprised if they could take you to collections and sue you. This could open a whole can of worms, in theory.


[2 Points] None:

Weird they gave me free coins once, and then realized it and asked for only half back about 2 months later. Made like 500 bux it was sweet


[1 Points] edwild22:

I sold some coins from coinbase a couple months ago, and they deposited the value of the coins twice in my bank account! They realized the mistake the next day (unfortunately) and went ahead and debited the value from my bank account to make things balance.


[0 Points] IGetDankShit:

Dude, they have all your personal info including your bank information? Unless whatever amount you stole was worth ruining your credit history over, I wouldn't fuck with them.