Coinbase Cuts Off 25K Russian Wallets Over Allegations They're Engaged In "Illicit Activity"

submitted by Drewski from zerohedge.com

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[–]BravoVictor 13 insightful - 3 fun13 insightful - 2 fun14 insightful - 3 fun -  (0 children)

Not your keys. Not your coins.

[–]restlessincanada 10 insightful - 3 fun10 insightful - 2 fun11 insightful - 3 fun -  (5 children)

twenty five thousand people without any due process had their assets seized by an international oganization operating entirely outside the laws of that nation. good thing these organizations are based here in north america and can never be used against us right?.. right?

[–]zyxzevn 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 2 fun -  (0 children)

"For the greater good".

[–]skank 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

in ukraine, the entire nation was attacked with deadly weapons.

[–]restlessincanada 1 insightful - 3 fun1 insightful - 2 fun2 insightful - 3 fun -  (1 child)

eastern ukraine? for the past eight years? it has nothing to do with these people, would you agree with this i wonder if coinbase seized your assets because they didnt like something your government did.

[–]skank 1 insightful - 3 fun1 insightful - 2 fun2 insightful - 3 fun -  (0 children)

cc: hunter biden

[–]Airbus320 1 insightful - 3 fun1 insightful - 2 fun2 insightful - 3 fun -  (0 children)

Omg

[–][deleted] 7 insightful - 3 fun7 insightful - 2 fun8 insightful - 3 fun -  (0 children)

This is fucked up.

[–]neomarxist_bullshit 6 insightful - 4 fun6 insightful - 3 fun7 insightful - 4 fun -  (0 children)

The leaders of Coinbase and Binance have said they will comply with government mandates to restrict sanctioned individuals, but won’t ban all Russian users. Brian Armstrong, Coinbase’s Chief Executive Officer, earlier said some ordinary Russians are using crypto as a “lifeline now that their currency has collapsed.”

[–]Entropick 4 insightful - 3 fun4 insightful - 2 fun5 insightful - 3 fun -  (0 children)

I'm missing news like this everywhere else. Saidit has been more informative than anywhere else lately.

[–]jet199 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 3 fun -  (0 children)

Funny how these guys turn up again and again.

https://paradoxpolitics.com/2022/02/coinbase-partners-with-world-economic-forum/

[–]suzew 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

Oof.

[–]Canbot 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

And as long as people keep using it they are effectively voting for these guys to be in power.

[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

Coinbase banned me for life many years ago now. They didn't even tell me why.

[–]yabbit 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

This is good for bitcoin

[–]quantum-step 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

Who decides what's considered illicit activity and what isn't?