Last month, Coinbase’s acquisition of blockchain analytics startup Neutrino was criticized because of the founders’ ties to a controversial surveillance technology company called Hacking Team. Today Coinbase CEO Brian Armstrong said in a blog post that employees of Neutrino who had previously worked at Hacking Team will transition out of Coinbase, instead of joining its […]
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Following backlash, Coinbase to give former Hacking Team employees the boot
Hey, look at that. A cryptocurrency exchange has decided to do the right thing – albeit belatedly, and only after a sustained public outcry.
The San Francisco-based exchange Coinbase announced on March 4 it had agreed to part ways with several new employees holding a particular grisly distinction: Namely, that they previously worked for the incredibly shady Italian spyware company Hacking Team.
Hacking Team, for those not in the know, has been accused of selling spyware to governments with dismal human rights records. For example, the Ethiopian government allegedly used Hacking Team tools to target journalists in the U.S. Read more…
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View More Following backlash, Coinbase to give former Hacking Team employees the boot