Coinbase Denies Claim That It Sells User Data

Coinbase released a statement on its official Twitter account, saying that it does not sell proprietary customer data, and its first concern has been and always will be providing the safest crypto experience to its users. Besides, Coinbase clarifies that the Coinbase Tracer tools are designed to support compliance and help investigate financial crimes like money laundering and terrorist financing. Coinbase Tracer sources its information from public sources, and does not make use of Coinbase user data. Previously, watchdog group Tech Inquiry said that Coinbase Tracer provides the U.S. Immigrations and Customs Enforcement agency (ICE) with data about crypto users.
Source

Coinbase

Data

In This Article

Related News
COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index
Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors
Coinbase's fiat-to-crypto onramp integrates Apple Pay Coinbase's fiat-to-crypto onramp integrates Apple Pay
Coinbase’s decision not to support Celo Layer 2 upgrade causes stir among stakeholders Coinbase’s decision not to support Celo Layer 2 upgrade causes stir among stakeholders
Coinbase shares drop 15% after weaker-than-expected earnings report Coinbase shares drop 15% after weaker-than-expected earnings report
Latest News More More
TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
2 Days Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
3 Days Ago North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
3 Days Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
6 Days Ago Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open