Coinbase confirms that some customers are seeing $0 balances in app glitch

Coinbase
COIN,
+0.79%
has seen a “large surge of traffic” that has led some of its users’ accounts to appear to have a $0 balance, company CEO Brian Armstrong said Wednesday.

The Coinbases Support X account stated that there may be errors in buying and selling on the platform due to this, but said users’ assets are safe.