5 Questions Coinbase Still Refuses to Answer About Hacking Team2

Late Monday, March 4, Coinbase CEO Brian Armstrong announced that former members of spyware firm Hacking Team would “transition out of Coinbase.” The announcement came after nearly a week of mounting online fury towards the crypto exchange, organized around the hashtag #DeleteCoinbase, and triggered in part by BREAKERMAG’s reporting on Coinbase’s acquisition of the analytics firm Neutrino. As we detailed, Neutrino leadership was largely identical to the leadership of Hacking Team, which had allegedly been complicit in human rights abuses, sanctions violations, and the monitoring and murder of journalists worldwide.

The announcement that Hacking Team members would be leaving Coinbase looked, at first blush, like swift and moral action by Coinbase to correct a glaring misstep. However, Armstrong’s announcement left a number of unanswered questions, which were swiftly laid out on Twitter by figures including Udi Wertheimer, who launched the #DeleteCoinbase hashtag.

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