Coinbase, one of the largest exchange platforms worldwide has blocked WikiLeaks shop from its platform, accusing it of engaging in prohibited use which is in violation of its terms and conditions. Coinbase has also requested WikiLeaks to follow the instructions provided on the website and transfer the remaining balance offsite to an external address.
WikiLeaks shop is a merchandising platform which merchant T-shirts, pullover hoodies, posters, mousepads, etc. to support WikiLeaks operation.
WikiLeaks, on the other hand, is a non-profit international organization that released news information provided by anonymous sources. It is known for publishing news about Hilary’s Clinton’s campaign managers emails during the 2016 US Presidential campaigns Afghanistan War.
In order to receive payments in cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dash, Dogecoin, Neo, Namecoin, Vertcoin, Monero and Zcash, WikiLeaks Shop opened an account on Coinbase.
The exact reason why WikiLeaks is removed from the platform was not so apparent in the mail sent to WikiLeaks shop. This led to WikiLeaks calling for a global blockade of Coinbase on Twitter saying:
WikiLeaks will call for a global blockade of Coinbase next week as an unfit member of the crypto community. Coinbase, a large Californian Bitcoin processor, responding to a concealed influence, has blocked the entirely harmless WikiLeaks Shop in a decision approved by management.”
Andreas M Antonopoulos, a well-known Bitcoin and Blockchain enthusiast says:
“We have come full circle. Many people’s interest in bitcoin started when WikiLeaks was out under an extra judicial embargo by VISA, MC, PayPal and banks. Now Coinbase has repeated history. Oops.”
Ataraxia Investor, a Twitterati says:
“No difference between Coinbase and the banking Cartel, except that Coinbase is less secure, less insured, and less professional.”
Sheekhtoshi, an LTC investors says:
“I don’t think We’re at that stage to boycott anything in the space, but we definitely need to shift everyone to decentralized exchanges gradually, then we won’t have these types of financial censorship.”
Senthil, another Twitterati says:
“The irony in this hurts me. Coinbase exists today because of Bitcoin which is the ultimate expression of freedom and yet they stop their services to WikiLeaks? Excellent Coinbase, while you rack up millions, don’t forget who made it possible for you”
Zysl also spoke regarding the matter, says:
“Literally the first time I’ve disagreed with WikiLeaks on something. Never thought the day would come. Shouldn’t stoop to the lows of others. If they don’t want you just use a different service, there’s so many anyways. A “blockade” seems a bit… elementary.”