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Stripe crypto exchange froze my withdrawal — How to Get Funds Released

Started by newbie_buyer_CA · Jun 7, 2023 · 1,621 views · 6 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
NB
newbie_buyer_CA OP

Has anyone dealt with something like this? I'm not sure what my options are.

crypto exchange froze my withdrawal. I've been dealing with this for about 7 months now and the situation isn't improving.

The amount being held/disputed is approximately $33,386. I have tried contacting customer support 9 times with no resolution.

What's the typical outcome in situations like this?

FE
frustrated_employee_WA

Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.

TL
Mod_TermsLaw Moderator

I specialize in this area of law. Here's my take on the legal issues.

The legal framework here involves both federal and state law. At the federal level, state consumer protection laws. Your state may provide additional protections.

Before taking legal action, consider sending a formal demand letter. In many cases, this alone resolves the issue.

AB
AgentBroker_TX

Not a lawyer, but I have direct experience with this.

I ended up escalating to a supervisor/manager, which cost about $1-3 but saved me a lot more in the long run.

FS
frustrated_seller_help

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

DN
DataPrivacy_Nerd

I've dealt with this before.

What worked for me was filing with the appropriate government agency. It took 4-8 months but was worth it.

CB
confused_business_owner_WA

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

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