My friend lost his coinbase wallet key phrase and now he can’t access his life savings

New
Hastings-

New

Hastings-
Nov 15, 2021 35 Comments

My friend has $500k in his coinbase wallet and he forgot the key phrase. He has 4 children and is over 55years old. He can take his life if he does not get help to retrieve his life saving. Any advice will help him. Coinbase folks, please chime in! @Coinbase
#crypto #coinbase #bitcoin #blockchain #crypto #blockchain #bitcoin #crypto #coinbase #crypto

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TOP 35 Comments
  • Juniper
    (x+y)2

    Go to company page Juniper

    (x+y)2
    Did not get that you said "My friend has I've". Is it you or your friend ?
    Nov 15, 2021 2
  • These are common scenarios that people usually run into. Doesn’t coin-base provide any other way for members to retrieve their money? If they don’t, then why are people so hell bent on investing money in a company that doesn’t provide a way for members to access their money?
    It seems like a scam if they are going with the theory: you lost your key phrase, you lose your money and there is no way we will help you to get it.
    Nov 15, 2021 4
    • Google
      stupidiot

      Go to company page Google

      stupidiot
      Either it's in Coinbase or it's in a real Bitcoin wallet.

      Coinbase is obviously recoverable.

      A wallet you're screwed.
      Nov 15, 2021
    • @Kaiser i think OP is using coinbase wallet (not coinbase .com). Coinbase wallet is your own wallet your own private keys off the site. If you lose your keys it’s your problem. As opposed to storing your bitcoins on coinbase website in this case coinbase owns the keys and you just need to login using password + 2fa. losing access is recoverable just like any site forget passeword function
      Nov 16, 2021
  • Not trying to be insensitive here but your friend is fu**ed. I doubt there’s anything Coinbase can do to help out with this, the way Wallet’s are designed they’re not accessible without the password and/or the key phrase. Hopefully someone can think of a way to help, but I’d be surprised. Best of luck to them.
    Nov 15, 2021 2
    • New
      schoop

      New

      schoop
      “Hopefully someone can think of a way to help, but I’d be surprised.”

      troll post
      Nov 15, 2021
    • New
      Hastings-

      New

      Hastings-
      OP
      This is not a troll! Someone’s life savings on the line
      Nov 15, 2021
  • Oracle
    xR3p0

    Go to company page Oracle

    xR3p0
    So much for decentralized solution. You get what you asked for.
    Nov 15, 2021 0
  • Google
    gjdkvkwlek

    Go to company page Google

    gjdkvkwlek
    With 500k in the wallet I would tattoo my password.
    Nov 16, 2021 1
    • New
      annabella

      New

      annabella
      Thats exactly what I would do. But if you think about it, its probably a fabricated story because coinbase does not issue key phrases. But this is not to diminish the struggle of those that have lost there crypto or digital asset, in fact anyone that needs help recovering there crypto should reach out Satoshirecovery/com
      Mar 20