Coinbase reportedly banned personal account of founder of social media platform Gab

Andrew Torba, founder of social media platform Gab, Coinbase personal merchant account terminated, official Gab.com account tweeted January 4.

As a Blockchain Breaker blog reported earlier, Gab’s business account on Coinbase was reportedly closed in December. The news source argued that one of the possible reasons Gab is difficult to obtain a payment processor is its reputation as the social network for people banned from mainstream platforms for hate speech.

In October, the New York Times noted Gab as a social network used by the gunman in Pittsburgh to post one last post before he attacks a synagogue. After the shooting, Torba declared that the Pittsburgh shooter didn’t represent the social media site’s larger user base.

Gab describe on its website as a “social network that defends freedom of expression, individual liberty and the free flow of information online.” Everyone is welcome.”

As Cointelegraph wrote in April, the merchandise store in the Coinbase merchant account of non-profit international anonymous publisher WikiLeaks had also been closed due to a breach of terms of service.

In December 2017, WikiLeaks founder Julian Assange urged donors to contribute to the online publication using cryptocurrencies to bypass the alleged financial blockade of national governments.

Last December, the big American magazine Time spoke about the liberating potential of Bitcoin, suggesting that it can ensure an economic flow beyond the reach of an oppressive government.

The author of the Time article claims that “speculation, fraud and greed in the cryptocurrency and blockchain industry have eclipsed the real and liberating potential of Satoshi Nakamoto’s invention.”

Additionally, US whistleblower Edward Snowden said in March that the world needs a better option than Bitcoin to avoid government coercion, at the same time reiterating his support for ZCash as the most interesting altcoin in because of its privacy setting.