Coinbase Suspended Wikileaks Shop Account for the Violation of TOS
US-based cryptocurrency trading platform Coinbase has reportedly closed an account owned by WikiLeaks Shop. The exchange has accused WikiLeaks Shop(the merchandise arm of international anonymous publishing non profit organization: WikiLeaks) of the violation of their Terms of Service.
WikiLeaks Shop’s tweet contains a screenshot of the alleged email from Coinbase stating that the account have been found in violation of Coinbase Terms of Service and is being blocked. Coinbase Spokesperson has refused to comment saying that they don't comment on individual accounts.
As per Coinbase TOS they can terminate any user account, at any time without any information.
We may terminate your access to and use of the Services, at our sole discretion, at any time and without notice to you.
Back in 2010 Bitcoin had received a boost when Paypal, Visa and Mastercard stopped providing services to Wikileaks and the company started using cryptocurrencies for is finances. Wikileaks Leader thanked US Government for the banking embargo, last fall on twitter, thereby forcing the organization to use Bitcoin as a mode of payment and yielding 50,000% returns.
The current Coinbase ban does not mean that the organization cannot accept cryptocurrencies; it just won't be doing so using Coinbase. The move has enraged the organization and its supporters. The official Wikileaks twitter account has called for the Global Blockade of Coinbase as an unfit member of crypto community.
WikiLeaks will call for a global blockade of Coinbase next week as an unfit member of the crypto community. Coinbase, a large Californian Bitcoin processor, responding to a concealed influence, has blocked the entirely harmless @WikiLeaksShop in a decision approved by management. https://t.co/PAldF8b12P
— WikiLeaks (@wikileaks) April 21, 2018
Oh I had no idea. 😳
I was scared to see another news related to barn of crypto,but not so scare after concluding the reading that Wikileaks can still be transacting with coins
I just red about India trying to barn cryptocurrency within the next three months in their country in other to ensure people don't use it to launder away government money.
The goodness is that, it won't place a complete stop to use of coins in India as well.
I'm very sure that, crypto would overcome all these war against it.
Thanks for the update sir.
Yeah all the conservative economies are afraid...But cryptos are the future and you can't stop future.
No one can dare it, cryptos has come to stay...
Your Post Has Been Featured on @Resteemable!
Feature any Steemit post using resteemit.com!
How It Works:
1. Take Any Steemit URL
2. Erase
https://3. Type
reGet Featured Instantly & Featured Posts are voted every 2.4hrs
Join the Curation Team Here | Vote Resteemable for Witness
CONGRATULATIONS YOUR PUBLICATION HAS BEEN SHARED BY @Untapentuoreja, will be seen by 3039 steemians.