Coinbase is not closing every Russian account
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A recent top thread links to an article with a misleading title. Coinbase CEO Brian Armstrong has expressed support for normal Russian citizens and has not closed their accounts. The article is in reference to 1. Coinbase’s process to identity and close accounts belonging only to individuals on the U.S. sanctioned list (Russian govt officials, oligarchs) and 2. Coinbase identifying and closing 25k Russian accounts it has found to be engaging in illicit activity
Coinbase Blocks 25k Russian Addresses Supposedly Related to Illicit Activity
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