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.

Email from Coinbase stating Colorado will receive unclaimed crypto
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[–] 2 points 1 week ago (1 child)

No. One of the biggest complaints outside of clearly ignoring the constitution with the current scotus is they also do not set any guidelines for lower courts to use. Likely because they want to reverse the whole thing if someone else gets in charge and if they set guidelines that would be harder. I doubt anything would change with laws around abandoned property though as those have been around a long time and go back to much better run courts and governments. This is the thing with bank accounts. If you don't log in or go to a branch or interact with it for some period of time the state will take possesion. It takes like 3 years though and the institution is required to warn you about it. Much like you saw here. Presumably once told the person will go in or log on or call and verify its not abandoned.

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  • [–] [S] 1 point 1 week ago

    Yea I think the upper courts have been dismantling a lot of protections. What I saw was they sent it to the State Courts which aren't as prepared to handle these cases and it takes much longer to get anywhere. For the cases that should already be illegal and ruled on this is kinda disheartening.

    At the same time, I realized it's a great opportunity to strengthen the States. If SCOTUS is refusing to set guidelines then community organized efforts across States have much more power to do so. There is always the ability to change public consensus on these issues. I think in the past it was manipulated to give a false consensus.

    They also abused global tech laws under the threat of tarifs and that that has lost a good deal of potency as well.

    As far as the 3 years and everything with the State and Banks, I've checked into this somewhat and there are ultimately no protections and limited enforcement in these jurisdictions. The DA's often won't even file complaints they receive let alone investigate. Our State AG plays by a similar handbook and receives complaints and never releases them. No investigations they weren't already planning to do.

    We have some bad corruption because the AG takes taxpayer dollars to fund lawsuits against the president's administration. It's sounds good because he is taking on important issues, but ultimately there's zero transparency into how he is doing that.

    Generally what happens is the orgs solving an issue never solve it enough to lower our "need" for them.

    I wish I could say that I don't think the prior, current and next AG are using this playbook.

    If they wanted to help us they would need to bring transparency to the City insurance pool and consider defunding. At least that's how I'd start.

    I'm sure if more people understood these insurance pools there would be better solutions.

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