- Jack Poulson, Director of Tech Inquiry, obtained a contract.
- The cryptocurrency exchange and ICE have already signed a three-year agreement.
Coinbase, a popular crypto exchange, is reportedly planning to provide information about its customers to US Immigration and Customs Enforcement. ICE Director of Tech Inquiry Jack Poulson got a contract stating that the data will contain past geo-tracked and transactional history information.
The Representative Of Coinbase Is Not Sharing Customer Data
You may use your personal information to contact you, as long as your privacy preferences are not violated. The State is covering the additional cost that the State has incurred. There was already a three-year agreement between the International Center for Electronic Commerce and the crypto exchange. The spokesperson from Coinbase said that the data given by the analytics tool is not customer information.
“We use data that are fully sourced from online, publicly available data, and don’t collect any personally identifiable information about our users at any time.
A couple of months ago, the deal was signed. This is just one of many between the Exchange and US government agencies. In August 2021, Coinbase and ICE signed a $29,000 deal for the supply of licenses for its analytical software to the organization. This addition, Coinbase licensed its proprietary software, Coinbase Tracer, to the US Secret Service. In April 2021 and May 2020, the Secret Service struck agreements with a number of different countries, including Brazil and Peru. These deals cost $100,000 or less, so they’re perfect for anyone who wants to save big.
Coinbases Tracer, which was formerly known as Coinbases Analytics, has been the subject of some controversy. Neutrino, a blockchain analytics company, sold its exchange software business to Coinbase in 2019.