The Coinbase platform, which is very popular among cryptocurrency exchanges, recently announced that it has reached an agreement with the US Department of Homeland Security. Coinbase, which is frequently on the agenda with the news of agreements and investigations, caused many discussions after this new agreement it made.
“Crypto Credit Platform Celsius Faces Investigative Threat!Coinbase, which is frequently exposed to the investigations we mentioned in our news titled ”, frequently makes agreements with government institutions in the USA in addition to these investigations. One of Coinbase’s recent agreements was with the US Department of Homeland Security.
Announcing that it has made a $1.36 million contract with the “Immigration and Customs Enforcement Administration” unit operating under the US Department of Homeland Security; With the agreement in question, he reached the largest agreement he has ever signed with US government institutions. As a result of this agreement, the Coinbase company will license the unit’s blockchain analysis software.
Criticism Is Not Delayed!
Alex Gladstein, Chief Strategy Officer of the Human Rights Service and a staunch Bitcoin advocate, emphasized that the contract signed by Coinbase is “the largest agreement ever signed between Coinbase and the feds”. Noting that this contract by Coinbase to provide financial surveillance software for the Immigration and Custody Administration is not a very high income for Coinbase; He explained that Coinbase couldn’t understand why they were risking the company’s reputation for such a small sum and found it odd.
Of course, this deal Coinbase has made with the feds isn’t the first, and it won’t be the last. Last year, Coinbase sold the same blockchain analysis software it used to the US Secret Service.