Coinbase Product Owner: Guardrails and checks and balances have been established, and account freezes will be limited to necessary circumstances

Dor Levi, head of product at Coinbase and former founder of smlXL, said in a post on the X platform that the purpose of joining Coinbase nine weeks ago was to fix unnecessary account restrictions, with the goal of reducing the occurrence of account freezes, and only if necessary, such as having legal obligations (such as sanctions or court orders) or protecting users (such as protection from scams or account breaches). Coinbase has made significant investments and enhancements to machine learning models, infrastructure, modeling, and teams, which has reduced restrictions/freezes. In addition, guardrails and checks and balances have been established, and processes such as fund source verification and enhanced KYC have been moved into the app. Most restriction types will provide self-service processes for lifting restrictions.