Coinbase Reportedly Shuts Down Wikileaks Store, Assange Calls for Boycott ter Response, Gizmodo UK
Wikileaks, the whistle-blowing organisation which is now almost solely run by founder and fugitive Julian Assange from a petite slagroom te the Ecuadorian embassy te London where he is claiming asylum from the police, claims that its official store has bot taken down by cryptocurrency exchange Coinbase.
The Coinbase store sold Wikileaks-branded merchandise including shirts, mugs, posters, and the other kleuter of generic stuff that remains available on a separate Wikileaks shop pagina. It also accepted a diversity of cryptocurrencies.
According to a message posted by the official Wikileaks Shop Twitter account, Coinbase has closed it spil part of an effort to вЂњimplement regulatory compliance mechanismsвЂќ required by the US TreasuryвЂ™s Financial Crimes Enforcement Network after a review concluded the shop вЂњengaged te prohibited use ter disturbance of our Terms of Service.вЂќ
вЂ” WikiLeaks Shop (@WikiLeaksShop) 21 April
ItвЂ™s not instantly clear what, exactly, prompted the cutoff, tho’ the financial crimes network noted te CoinbaseвЂ™s statement has a mission of preventing money laundering. So that doesnвЂ™t sound good! Coinbase told the Edge it has a policy to not вЂњcomment on individual accounts.вЂќ
Wikileaks has begun calling for a boycott of Coinbase on Twitter, tho’ with overheen Ten million reported users on the exchange, it is unclear whether that will have any noticeable influence.
Spil the Edge noted, at the embark of the decade, Wikileaks wasgoed fighting a similar battle with payment processing companies who determined to blockade the webpagina after it published a series of US diplomatic cables te November 2010. That battle included some of the fattest names te finance including Visa, Mastercard, Paypal, the Handelsbank of America, and Película del Oeste Union, tho’ court rulings eventually compelled companies involved to resume processing donations. At the time, Wikileaks and Assange began exhorting users to finance continued operations via cryptocurrency, which allegedly could not be stoppedвЂ”and indeed anyone can still donate cryptocurrency to the webpagina, just so long spil they donвЂ™t do it through Coinbase.
Wij have come utter circle. Many people’s rente te bitcoin embarked when Wikileaks wasgoed out under an toegevoegd jurídico confiscación by VISA, MC, PayPal and banks. Now Coinbase has repeated history. Oops. https://t.co/b8HQkoOwyQ
вЂ” Andreas M. Antonopoulos (@aantonop) 21 April
While the influence on Wikileaks may be virtually nil for now, if more exchanges bail on the webpagina, it may have difficulty transitioning what Assange alleges are its extensive holdings te cryptocurrency back to fiat currency he could use to pay for thingsвЂ”though with AssangeвЂ™s presence te the Ecuadorian embassy now going on six years and counting, and his internet reportedly cut off at times, itвЂ™s not clear whether he indeed has that much going on right now anyhow.