Coinbase will get rid of related …

Coinbase Drops Hacking Team Associates

Brian Armstrong, CEO of the Coinbase cryptocurrency exchange, said that employees of the analytical startup Neutrino acquired by his company, who previously worked for the Hacking Team organization, will not be able to stay in their positions..

“There was a gap in the verification process. We have carefully studied the technology and security of the Neutrino product, but did not conduct the necessary assessment in the context of our mission and values ​​as a cryptocurrency company. Last week, we took time to sort out the situation, and together with Neutrino we came to an agreement: those who previously worked in the Hacking Team (although now they have nothing to do with the Hacking Team) will leave Coinbase, “Armstrong wrote..

The news that the activities of Neutrino employees in the past were associated with assisting authoritarian regimes in persecuting journalists and political activists turned the exchange back on a number of market participants and calls for a boycott of its services..

Coinbase will get rid of related ...

Coinbase itself previously stated that it knew about the past of the co-founders of Neutrino, which it does not justify, but the startup’s technology turned out to be the best available to solve the task of self-ensuring security and control over user data..

Armstrong also noted that the need to integrate the relevant technology was due to the fact that third-party analytics providers do not support all the assets that the exchange wants to see on its platform. He did not touch on the topic of selling Coinbase customer data by one of the providers of such solutions in his statement..

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