Coinbase closes Wikileaks accounts, endangering massive boycott

in #blog7 years ago

WikiLeaks-Shop-Reports-Suspension-Of-Coinbase-Account-640x400.jpg

The well-known cryptographic stockbroker Coinbase reportedly closed an open account from Wikileaks for its internet citing violations of service usage policies.

The WikiLeaks Shop is the space to find shirts, this phone, posters, and other personal belongings with the Wikileaks brand.
Stockbroker is said to shut down the account of this organization it used for the store, which means that the company can not make payments through Coinbase and then convert them into dollars.
The news also gave Wikileaks themselves through the social network Twitter.
https://twitter.com/WikiLeaksShop/status/987510235349663744
Coinbase says the shutdown of the service to the designated entities is in line with the US Financial Treasury Crime Network's established rules to combat money laundering.
However, it can still continue to accept payments through cryptographic currencies, but not using the Coinbase system.
The movement has spurred the organization and its supporters. On Twitter, Wikileaks main account demanded stock boycott next week.
https://twitter.com/wikileaks/status/987531916055318528
A similar scenario occurred in 2010 when Wikileaks published state secrets about the war in Iraq and Afghanistan.
PayPal immediately suspended the payment service for the site. And a few days later the reaction came where PayPal was hit by the DDoS attack and boycotted several days until it was forced to resume the service for Wikileaks.