Coinbase Reportedly Bans Personal Account of Social Media Platform Gab Founder
The personal Coinbase merchant account of Andrew Torba, social networking platform Gab’s founder, was announced, the official Gab.com account tweeted Jan. 4.
As blockchain site Breaker reported previously, Gab’s business account on Coinbase was closed in December. The information source set forward that a possible reason why it is hard for Gab to obtain a payment processor is its reputation because of its social network for people banned from mainstream platforms for hate speech.
Back in October, the New York Times mentioned Gab as a social media used by the shooter in Pittsburgh to post a last message before he attacked a synagogue. Following the shooting, Torba said that the Pittsburgh shooter did not represent the broader user base of their social media website.
Gab explains itself on its website as a”social networking that provides free speech, individual freedom and the free flow of information online. All are welcome”
Since Cointelegraph composed in April, the Coinbase merchant accounts product shop of the anonymous international publishing nonprofit WikiLeaks had also been closed because of a terms of service violation.
In December 2017, WikiLeaks’ creator, Julian Assange, had urged donors to contribute to the internet book by using cryptocurrencies in order to skirt the so-dubbed monetary blockade by national governments.
This past December, leading American magazine Time reported about Bitcoin’s liberating potential, suggesting it can ensure economic flow beyond oppressive government’s advantage.
The author of the Time article claims that”speculation, fraud, and greed at the cryptocurrency and blockchain industry have overshadowed the actual, liberating potential of Satoshi Nakamoto’s innovation”
Additionally, American whistleblower Edward Snowden said in March that the planet requires a better option compared to Bitcoin to prevent government coercion, in the exact same time reiterating his support for ZCash as the most interesting altcoin because of its privacy installation.