Crypto exchange Coinbase (NASDAQ:COIN) has refuted rumors that it had imposed a $5,000-per-week limit on Bitcoin (BTC) withdrawals after a user’s post claiming as such gained traction on social media.
An Oct. 24 post from a user on X (formerly Twitter) claimed that he’d been hit with a purported policy that restricted his withdrawals of BTC from Coinbase to a maximum threshold of $5,000 a week.