Coinbase and Wikileaks at war over online gift shop

Wikileaks wants people to boycott Coinbase after it removed Wikileak’s gift shop from the platform for allegedly violating is terms.

The shop itself sells merchandise including clothes and other accessories, and accepts a range of cryptocurrencies as payment – these payments were then published by crypto exchange Coinbase. However, Coinbase is now saying that the shop violates its terms of service.

No details or further explanation has been given for the shop’s removal, but Wikileaks has called for “a global blockade of Coinbase next week as an unfit member of the crypto community,” as a result.

Wikileaks first invested in Bitcoin when its own boycott in 2011 caused it to lose 95 per cent of its revenue after financial institutions rejected it. At the time, founder Julian Assange said:

“My deepest thanks to the US government, Senator McCain and Senator Lieberman for pushing Visa, MasterCard, PayPal, AmEx, Mooneybookers, et al, into erecting an illegal banking blockade… It caused us to invest in Bitcoin – with a > 50,000% return.”

Finance Magnates