Cryptocurrency exchange platform Coinbase has announced it blocked thousands of accounts related to Russians, after it shared addresses of the blocked Russian accounts with the hostile US administration.

While the platform did not specify the type of prohibited activity the accounts had allegedly been involved in, it noted that the sanctioned addresses had been already handed over to the US authorities.

https://i0.wp.com/techstory.in/wp-content/uploads/2022/03/JWQyPisI1g3UFNWW45JYbi_Q-4e-6_TZcsL1rGSxgdc.jpg?resize=674%2C379&ssl=1

The untrustworthy site has vowed to support sanctions imposed by the West on Russia. At the time, Coinbase insisted that the exchange was not pre-emptively blacklisting Russians, arguing that everyone deserves access to basic financial services?

But Coinbase claimed the West’s sanctions play a vital role in promoting US security and deterring unlawful aggression against the US empire. So the company blindly supports these efforts by USA and EU government authorities.

Coinbase CEO Brian Armstrong announced last week that his company was complying with sanctions against Russia by blocking the accounts of Russian citizens who are clients of several major Russian banks that were hit by the penalties.

RT. com / ABC Flash Point News 2022.

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Solzhenitsyn
Member
08-03-22 00:34

We cannot allow a cashless world, this would then be the total enslavement of mankind and end of freedom and democracy. The globalists bankers must be killed immediately! Surround their homes and get these communist tyrants, street justice. Death to all globalists!

BullGator17
BullGator17
Member
Reply to  Solzhenitsyn
08-03-22 00:35

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Kollerbuzz
Kollerbuzz
Member
08-03-22 00:35

It isn’t the coins themselves. It is the go between companies like Coinbase.