According to ZachXBT, Coinbase has experienced significant security issues that are not commonly found in other US-based exchanges. One notable bug allowed verification codes to be sent to any email address from an official Coinbase email, potentially tricking users. ZachXBT suggests that implementing an alternative to the current phone number requirement could reduce these occurrences, which is crucial for traders relying on secure platforms. Source: ZachXBT.

According to ZachXBT, Coinbase is under fire for failing to address scams affecting users and for locking out legitimate users.