Coinbase’s $20M Reward Wasn’t for You

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Coinbase just got hit, again. Hackers bribed third-party employees to access customer data, exposing names, government IDs, and account details. But instead of prioritizing user security or transparency, Coinbase's first move was to offer a $20 million reward for information leading to arrests. This was not compensation, privacy support, or compensation just another move to deepen ties with law enforcement.

This video breaks down the real story behind the headlines, because the mainstream media is missing the point. Coinbase has a long track record of cooperating with federal agencies, turning over massive volumes of user data without suspicion, and selling blockchain analytics tools to institutions like ICE. In 2023 alone, they responded to over 12,000 law enforcement requests, more than a 66% jump in just three years.

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00:00 Coinbase Got H@cked, But That’s Not the Real Story
00:16 Years of Quiet Data Sharing With the Feds
01:04 FBI Leads Coinbase’s Law Enforcement Requests
01:55 Crypto’s Original Mission Was Privacy
03:06 Coinbase’s Surveillance Track Record Exposed

#coinbase #extorted

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The information provided in this video is intended for educational purposes only. It is not intended to be legal or professional advice, and should not be relied upon as such.

By watching this video, you acknowledge that you understand and agree to these terms. If you disagree with these terms, do not watch this video.

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