PANews reported on June 7 that Brian Armstrong, CEO of Coinbase, posted on the X platform that the Coinbase account freezing problem has been around for a long time, so long that it is unacceptable. There are many reasons for this problem, but more importantly, Coinbase has now made this issue a priority and is currently progressing smoothly. The problem has been reduced by 82%, and there will be more improvements in the future.

Brian Armstrong added that Coinbase will keep users informed of the progress of improvement measures at any time. If the Coinbase account is still restricted (not due to sanctions or illegal activities), please send a private message to the support account directly to seek a quick solution.