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❕NEWS Coinbase received over 1800 law enforcement agencies request in the first half of 2020.

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According to coindesk, the leading Crypto currency exchange plaform based in San Francisco, Coinbase has recieved 1900 information request from the UK and US. The United States FBI with total of more 1100 request while the UK with more than 441 information request of the membership data data with the aim of tracking all activities of members so as to avoid scam.
 

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According to coindesk, the leading Crypto currency exchange plaform based in San Francisco, Coinbase has recieved 1900 information request from the UK and US. The United States FBI with total of more 1100 request while the UK with more than 441 information request of the membership data data with the aim of tracking all activities of members so as to avoid scam.
For them to reveal this means that they weren't ready to compromise and release users data to these agencies and I really applaud them for this bold step. It is true that the aim was to track spam but then people need to give their consent before this happens
 

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For them to reveal this means that they weren't ready to compromise and release users data to these agencies and I really applaud them for this bold step. It is true that the aim was to track spam but then people need to give their consent before this happens
Yeah that was the major reason and they said they have experts that filter the request and provide professional advice to them on how to handle the request without compromise.
 

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Yeah that was the major reason and they said they have experts that filter the request and provide professional advice to them on how to handle the request without compromise.
Well we just have to believe that they are really doing the right thing by accepting the request at the first place . This is why I wouldn't verify my account in coinbase for any reason whatsoever .
 

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Well we just have to believe that they are really doing the right thing by accepting the request at the first place . This is why I wouldn't verify my account in coinbase for any reason whatsoever .
Even if you verify your account in coinbase as a Nigerian it is almost the same as not verifying it because of the limitations. I am very optimistic that even if coinbase will release such information it will be with an agreement.
 

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Even if you verify your account in coinbase as a Nigerian it is almost the same as not verifying it because of the limitations. I am very optimistic that even if coinbase will release such information it will be with an agreement.
I have been using coinbase for awhile not because it is favourable to us but because I get to withdraw without transaction fee cost when using coinbase to withdraw
 

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I have been using coinbase for awhile not because it is favourable to us but because I get to withdraw without transaction fee cost when using coinbase to withdraw
What kind of withdrawal do you make from coinbase that doesn't require you to pay fee because I don't think Crypto to Fiat currencies is possible.
 

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What kind of withdrawal do you make from coinbase that doesn't require you to pay fee because I don't think Crypto to Fiat currencies is possible.
I mean there is a site I work on . Upon requesting for withdrawal , I am not charge transaction fee if I use coinbase address . I was not talking about cryptocurrency to fiat transaction
 

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It is possible payment to coinbase may not attract fee since they can send or receive Payment using email which may not involve blockchain network.
 

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It is possible payment to coinbase may not attract fee since they can send or receive Payment using email which may not involve blockchain network.

It is possible payment to coinbase may not attract fee since they can send or receive Payment using email which may not involve blockchain network.
Yeah . Most sites that operates with coinbase normally send coins using email address . I wonder why other wallet can't adopt this beautiful strategy .
 

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I guess all these fraudulent activities going on with crypto is what is causing this inquiry by the enforcement agencies. It is good that coinbase is holding out on them, but for how long will they be able to do that?
 

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I guess all these fraudulent activities going on with crypto is what is causing this inquiry by the enforcement agencies. It is good that coinbase is holding out on them, but for how long will they be able to do that?
I don't think that they have actually not given in to it . It appears that they did but not a fully detailed data of the wallet users .
 

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I guess all these fraudulent activities going on with crypto is what is causing this inquiry by the enforcement agencies. It is good that coinbase is holding out on them, but for how long will they be able to do that?
I feel some day they may have to give out the information because if the crime rate persist it may justify their request for such confidential information.
 

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I feel some day they may have to give out the information because if the crime rate persist it may justify their request for such confidential information.
Then I guess it will be very soon because I really don't see those fraudulent activities letting up anytime soon going by what we are experiencing presently.
 

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I think it will be on the aspect that they will give out sensitive information of account with suspicious transaction alone while other accounts remain secure
 

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I don't coinbase is that strict with KYC data so they may not have full access to people's record as such except there are some key information that they know coinbase has that they need..
 

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I don't coinbase is that strict with KYC data so they may not have full access to people's record as such except there are some key information that they know coinbase has that they need..
Coinbase may not be strict with kyc verification but they limit accounts without kyc verification and those who have verified their account have submitted sensitive details
 
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