Genuinely not trying to fear monger, but as a concerned customer it would be great if @coinbase could provide clarity around the statement from one of their reps that their analytics provider sold client data to 3rd parties.
Paging @brian_armstrong.https://cheddar.com/videos/coinbase-adds-support-for-ripple-s-xrp-despite-regulatory-uncertainty …
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Replying to @jillruthcarlson @_jillruth and
Not sure what is so surprising about this?
4 replies 2 retweets 65 likes -
Selling data is very different from collecting it for regulatory purposes. I consented to Coinbase collecting my data for KYC/AML purposes. I did not knowingly consent to Coinbase collecting my data to sell to other parties.
2 replies 3 retweets 24 likes -
Replying to @jillruthcarlson @_jillruth and
Can you link to something that shows Coinbase sold data to other parties?
2 replies 0 retweets 1 like -
Replying to @lylepratt @_jillruth and
It sounds like they shared data with a contractor who needed it to do the job Coinbase asked them to do, then the contractor shared if further, now it's out of Coinbase's control. Very typical thing to happen to data, it can, has, and will happen to every major KYC/AML'd entity.
3 replies 12 retweets 60 likes -
Replying to @NickSzabo4 @lylepratt and
I guess I naively continue to put too much faith in legal contracts and the like! Only in this community can I be painted as an optimist
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Replying to @jillruthcarlson @_jillruth and
So sue Coinbase and let us know how it works out. Good luck!
1 reply 1 retweet 8 likes -
Replying to @NickSzabo4 @_jillruth and
Try to get an injunction to have all copies of the shared KYC/AML data that now exist in the world wiped.

2 replies 0 retweets 6 likes -
Replying to @NickSzabo4 @_jillruth and
Szabo, I'm surprised you won't give us a break for asking questions about how our data is being shared. I am grateful that people are asking questions. Imagine how much info would go under the radar if nobody asked questions about potential privacy breaches.
2 replies 0 retweets 1 like
I'm all in favor of asking questions. Good luck getting straightforward and verifiable answers in an area, data sharing with strangers, that lends itself well to neither.
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