I have been trying to let people know about this and to find out more about what's going on.
What law brought crypto into unclaimed assets?
How long has this been going on?
For me personally, I wasn't able to log in since 2023. Finally got in this year and saw in 2025 they gave me a notice they would take funds out. This was after seeing coins sent out of my Coinbase account with no wallet address or merchant listed.
So during the fraud process with support I looked for a phishing email. The chat support seemed to not know what was going on due to anti money laundering regulations.
Coinbase reached out to me when I posted about it on Reddit.
I think, it's a Colorado issue though. Not that I haven't had issues with Coinbase in the past.