moonkin$

forcing KYC for surveillance purpose which makes user data being vulnerable at every level is a crime.

Source :

I am a long time investor in and champion of @coinbase. Something that has to be said though - this hack - which includes home addresses and account balances - will lead to people dying. It probably has already. The human cost, denominated in misery, is much larger than the $400m https://t.co/ruSYKAGH7x

This is the wrong take. 

Organizations of all sizes get hacked, including every US government agency from the IRS to State Department. 

Protecting all data is a Sisyphean task. 

Coinbase DOES NOT WANT to have most of this kind of data, it's a huge liability (clearly). 

They

Erik Voorhees

forcing KYC for surveillance purpose which makes user data being vulnerable at every level is a crime.

Source : https://x.com/erikvoorhees/status/1924655520729682134?s=46