Prophetic Money

Snippets of prophecies relating to crypto, stocks, and wealth transfer/money. Check me out on social media: https://linktr.ee/propheticmoney

Cryptocurrency News Wealth Transfer

Coinbase Freezes Accounts After Brazil Bitcoin Flash Crash

By Prophetic Money #Bitcoin, #Brazil, #BTC, #coinbase, #crypto, #Crypto Exchange, #Flash Crash, #news, #September, #wealth transfer

Bitcoin Flash Crashed in Brazil to $3,673 usd, on Coinbase, on September 3, 2025. Other cryptos including XRP are reported to have flash crashed as well. It appears to only affect users from Brazil. Maybe the Wealth Transfer is coming to Brazil, first? Many Brazilian users on Twitter reported seeing this flash crash, and buy orders being filled. However, Coinbase sent out an email to the users stating that Coinbase froze their account and plans to recover the incorrectly credit funds (filled orders).

Here is a video one user posted discussing this crypto flash crash. I have included a NoteBookLM summary of the video below:

https://www.youtube.com/watch?v=rlRkvoRvLYU
COINBASE SOLD BITCOIN FOR 20 THOUSAND REAIS
Auto-dubbed
Leonardo Scaburi Reinol
33.2K subscribers
489 views Sep 4, 2025

Coinbase email displayed at 4:04 video timestamp:

Olá,
Em 3 de setembro de 2025, a Coinbase creditou incorretamente em sua conta um valor que excedeu a taxa de conversão real de sua operação de criptomoedas em Reais.
Para corrigir esse erro, restringimos temporariamente sua conta e iniciaremos uma recuperação automática dos fundos creditados incorretamente. Enviaremos um novo e-mail de confirmação quando este processo for concluido e as restrições de sua conta forem retiradas.
Nenhuma ação é necessária de sua parte. No
57906089832857/photo/t
tiver alguma dúvida, entre em

Google Translate (From Portugeze/Brazil):
Hello,
On September 3, 2025, Coinbase incorrectly credited your account with an amount that exceeded the actual conversion rate for your cryptocurrency transaction to Brazilian Reais.
To correct this error, we have temporarily restricted your account and will initiate an automatic recovery of the incorrectly credited funds. We will send you a new confirmation email when this process is complete and the restrictions on your account are lifted.
No action is required on your part.
At
57906089832857/photo/t
If you have any questions, please contact

See my NotebookLM AI Summary below:

The video discusses a bug on the Coinbase exchange where Bitcoin was briefly sold for around R$20,000 to R$24,000 (approx. $3,850 to $4,600 USD), a price not seen since 2016 or 2017. The YouTuber, Leonardo, explains that this was a temporary glitch and not the actual market price.
Key points from the video include:
• The Bug: For a short period, a bug on Coinbase caused Bitcoin’s price to display as low as R$20,562 (approx. $3,950 USD). Other cryptocurrencies were also affected; for instance, Tether (USDT), a stablecoin pegged to the dollar, was being sold for R$0.18 (approx. $0.035 USD).
• A User’s Experience: Leonardo shares the story of an acquaintance who noticed the bug and took advantage of it. This person made two purchases totaling R$38 (approx. $7.30 USD) and received a quantity of Bitcoin that was actually worth around R$913 to R$940 (approx. $175 to $180 USD) at the correct market price. This effectively multiplied their investment by about 25 times. The user chose not to invest more money, suspecting it was a bug and not wanting to risk a larger sum.
• Coinbase’s Reaction: After detecting the bug, Coinbase temporarily froze the accounts of users who had made these purchases. The YouTuber speculates that the exchange will likely cancel the transactions and return the original R$38 (approx. $7.30 USD) to the user.
• Ethical Considerations: The video touches on the ethical dilemma of exploiting such a bug. Leonardo suggests that trying to withdraw the funds might be seen as acting in bad faith, potentially leading Coinbase to take legal action, especially if large sums were involved. He argues that while Coinbase is a massive company, the total losses from the bug could amount to millions, and the exchange would not absorb that loss. He personally believes that if the money isn’t rightfully yours, you shouldn’t take it, and trying to be “slick” in these situations often backfires.
• Historical Context: The video concludes by reminding viewers that to legitimately buy Bitcoin at R$20,000 (approx. $3,850 USD), one would have had to purchase it back in 2017. The opportunity to buy at that price has passed, except for rare occurrences like this platform bug.

Here are various twitter posts I found where people have mentioned this issue (translated from Portuguese):

I used this key phrase when searching twitter to find these posts: “Coinbase glitch R$20,000”

https://x.com/leonardoscaburi/status/1963661884030349759
Leonardo Scaburi Reinol @leonardoscaburi – 9/4/25
Translated from Portuguese by Grok
Some users on Coinbase managed to buy Bitcoin at the rate of 24 thousand reais. Moments after the bug, the exchange froze the accounts of these users and, as far as everything indicates, the orders

https://x.com/criptopepememes/status/1963595847477625236
Cripto Pepe Memes @criptopepememes – 9/4/25
Translated from Portuguese by Grok
It seems like this Coinbase error displaying Bitcoin at R$20k and Ethereum at R$800 is real.
It started popping up with screenshots from my DMs with absurd balances
Would they refund it?

https://x.com/Criptoinvest777/status/1963423837602910499
Alan Boeing @Criptoinvest777 – 9/4/25
Translated from Portuguese by Grok
And the #coinbase that bugged the app and was selling #btc for R$20,000.00

https://x.com/Criptoinvest777/status/1963607044826526145
Alan Boeing @Criptoinvest777 – 9/4/25
Translated from Portuguese by Grok
Yeah man, it happened yesterday at 20:40, a lot of people caught this, just to give you an idea USDC was at 0.03 dol, this guy bought R$500.00 and got 2,700 dol

https://x.com/Sonecarox/status/1963397988413231477
Fernando Bertini @Sonecarox – 9/4/25
Translated from Portuguese by Grok
BTC just hit 20k reais on Coinbase, whoever had an open order there made a killing.. how it happened I don’t know

https://x.com/joaoluzr/status/1963567906089832857
João Luz @joaoluzr – 9/4/25 coinbase email screenshot

https://x.com/leonardoscaburi/status/1963703210310537319
Leonardo Scaburi Reinol @leonardoscaburi – 9/4/25
Translated from Portuguese by Grok
Nobody lost, only Coinbase. I heard of people who took advantage and withdrew more than 800 thousand. These folks will have to prepare the lawyers or return it.

https://x.com/leonardoscaburi/status/1963699125842801008
Leonardo Scaburi Reinol @leonardoscaburi – 9/4/25
Translated from Portuguese by Grok
Would you cash out the Bitcoins bought for 20 thousand reais during the Coinbase glitch, or would you wait for the error to be fixed?

https://x.com/Deusexisteth/status/1963424600458412358
Thaleco @Deusexisteth – 9/4/25
Translated from Portuguese by Grok
BTC at 20,000 reais on Coinbase. My God, that was life-changing

https://x.com/grok/status/1963747896505045406
Grok @grok – 9/5/25
Translated from Portuguese by Grok
Yes, there are reports of a glitch on Coinbase where BTC appeared at ~20k BRL for a short period today (04/09/2025), possibly due to low liquidity or a technical error. The real price is at ~600k BRL. Some accounts were frozen and trades may be reversed. Check official sources.

https://x.com/grok/status/1963789056502055031
Grok @grok – 9/5/25
Translated from Portuguese by Grok
There is no official confirmation from Coinbase regarding successful withdrawals after the BTC price glitch in BRL. Reports on social media indicate that accounts were frozen and trades reversed, suggesting that most were unable to withdraw. Monitor updates.

https://x.com/leonardoscaburi/status/1963738913710932252
Leonardo Scaburi Reinol @leonardoscaburi – 9/5/25
COINBASE SOLD BITCOIN FOR 20 THOUSAND REAIS – Q&A with KriptoBR #83

https://x.com/BrKripto/status/1963738931587101178
KriptoBR @BrKripto – 9/5/25
COINBASE SOLD BITCOIN FOR 20 THOUSAND REAIS – Q&A with KriptoBR #83

https://x.com/olivxln/status/1963455830587535600
Natesfaye @olivxln – 9/4/25
Translated from Portuguese by Grok
Looks like it happened with several tokens, pay attention to ETH

https://x.com/Sonecarox/status/1963399996054569420
Fernando Bertini @Sonecarox – 9/4/25
Dollar at 0.18 cents

https://x.com/joaoluzr/status/1963541269537255894
João Luz @joaoluzr – 9/4/25
Bitcoin a R$20.562,87 em 2025?

https://x.com/joaoluzr/status/1963542443707584868
João Luz @joaoluzr – 9/4/25
Translated from Portuguese by Grok
Last night (09/03) I had this surprise, when looking at the Coinbase widget on my phone’s home screen, I see the #btc quote at R$20,562.87. At first I got a scare, I didn’t even know what to think, my only reaction was to open the app and place a buy order kkkk
12:59 PM · Sep 4, 2025

https://x.com/joaoluzr/status/1963543057292251595
João Luz @joaoluzr – 9/4/25
Translated from Portuguese by Grok
It really is that the impossible happened
1:02 PM · Sep 4, 2025

https://x.com/joaoluzr/status/1963544885660667910
João Luz @joaoluzr – 9/4/25
Translated from Portuguese by Grok
The first order was in the amount of R$18.00 totaling 0.00079570 BTC (Coinbase fees included). I use the basic version of the app

https://x.com/BrKripto/status/1963458304576799021
KriptoBR @BrKripto – 9/4/25
Translated from Portuguese by Grok
Some people took advantage of it

https://x.com/leonardoscaburi/status/1963929087266763252
Leonardo Scaburi Reinol @leonardoscaburi – 9/5/25
Translated from Portuguese by Grok
I’m getting some screenshots from some folks who actually did the cleanup on Coinbase, taking advantage of the bug, withdrawing absurd amounts in the millions of reais.
What these people don’t realize is that it’s a nationalized exchange and they could face legal problems if Coinbase decides to go after them.

https://x.com/joaoluzr/status/1963936263003582739
João Luz @joaoluzr – 9/5/25
Translated from Portuguese by Grok
Hey Léo! Coinbase has already done the automatic recovery of the funds credited to my account, they also removed the restriction. They made 3 automatic BTC sends. It totaled 0.00074645 BTC (456.08 BRL at the current exchange rate).

https://x.com/PicaPau_NE/status/1963904695388283151
Pica-Pau @PicaPau_NE – 9/5/25
Translated from Portuguese by Grok
Damn, you guys didn even warn me that there was a bug Coinbase with Bitcoin.
Screw it, with just 20k I’d change my life

https://x.com/Criptoinvest777/status/1963751358043165170
Alan Boeing @Criptoinvest777 – 9/5/25
Translated from Portuguese by Grok
I believe that those who took a high value might have problems. Imagine the loss for the brokerage! The funniest part is that Coinbase hasn’t even made a statement yet!

Post Views: 198

By Prophetic Money

Related Post

Economy Precious Metals War Wealth Transfer

Oil & Wealth Released, Resetting of Economies and their Currencies

Prophetic Money
Wealth Transfer

Judgment Starts in the House of God – Hollywood Next

Prophetic Money
Cryptocurrency Precious Metals Wealth Transfer

Gold and Silver Adjust – Wealth of Wicked Exposed

Prophetic Money

Leave a Reply

Your email address will not be published