WikiLeaks loses access to its Coinbase account!
Here's and interesting topic revolving Coinbase.
Link:
https://www.engadget.com/2018/04/21/wikileaks-loses-coinbase-account/
It seems that Coinbase shut down the WikiLeaks wallet so they will not be able to swap out their bitcoin for fiat.
The key point in the article to me is WikiLeaks claiming "the exchange is reacting to a "concealed influence."
Coinbase says that they have to honor their legal requirement in respect to "regulatory compliance mechanisms" under the US' Financial Crimes Enforcement Network.
This could mean that there are regulators forcing Coinbases' hand behind the scenes or they are just being proactive. However, they decline for comment and did not give any specific reasons for shutting off WikiLeaks account.
What are your thoughts?
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