Apparently a good news, but another demonstration on how Coinbase is acting toward their clients.
Coinbase Exchange Explain How They Saved Their Users From The Infamous Twitter Hack- It was well reported that a hack occurred on Twitter which led to $120,000 worth of bitcoin being stolen in a giveaway scam using many celebrity accounts.
- Coinbase revealed that it prevented more than 1000 of its users sending a total of 30 bitcoins to these hackers' addresses.
I posted my tought in another thread discussing the specific event:
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Not your keys, not your bitcoins.
I don't care what they did or how. It was unethical. Censor transaction of a client could even mean a violation of the ToS.
Simply, better fall in a scam hodling your money in your wallet, than being babyguarded and having your transaction censored.
If you allow to censor your transaction once, you are allowing to do that everytime.
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No matter how legit were the proposed action: this was a centralised censorship of the result of a delibeerate action of a user.
This is the smoking gun evidence those bitcoins aren't yours: they belong to Coinbase, which can use them as they prefer.