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Latest Coinbase Privacy Disclosure for US Customerswww.coinbase.com/legal/financial-privacy
597 sats \ 7 comments \ @siggy47 18 Dec bitcoin
I thought some stackers might find this interesting.
Here are a few quotes:
The types of personal information we collect and share depend on the product or service you have with us. This information can include:
Social Security number and income
Transaction history and assets
Employment information and investment experience
Please note:
When you are no longer our customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.
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54 sats \ 0 replies \ @freetx 18 Dec
Pretty sure these are the things mandated to be a "qualified investor" per SEC rules.
What most people don't know is its basically illegal for private businesses to solicit non professional investors to invest in their company.
Only people who are "qualified investors" (have minimum net worth and provable investing experience) can participate...and only specific people can do the solicitation.
This is obviously meant to protect wall-streets casino market....they want to be the only outlet for investors money....
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43 sats \ 2 replies \ @grayruby 18 Dec
I cancelled my coinbase account a few years back. I am sure they still share my information.
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40 sats \ 0 replies \ @siggy47 OP 18 Dec
I never had one, but I had others that I'm sure are just as bad.
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30 sats \ 0 replies \ @Jon_Hodl 18 Dec
Same.
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43 sats \ 1 reply \ @0xbitcoiner 18 Dec
When you are no longer our customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.
This is so 'funny', why don't they limit the information they share as soon as they stop being customers? You don't have to answer! 🤠
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32 sats \ 0 replies \ @Skipper 18 Dec
even if we contact them, i it wouldn't make any difference.
the moment you trust an entity, you possibly trust a number of entities since you have no way of knowing how is the collected/shared data further processed
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43 sats \ 0 replies \ @Satosora 18 Dec
I also got this. I am wondering what they will do when l ask them not to report or to report the minimun. They didnt have specific steps on how to do this.
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