Crypto giant Coinbase has been providing the U.S. Immigrations and Customs Enforcement (ICE) office with a slew of software features used to track the identities and locations of cryptocurrency owners, a new investigation from The Intercept reveals. It’s the first time we’ve been able to understand just how extensive ICE’s $1.36 million deal with Coinbase really is.
As it turns out, the contract — a copy of which was obtained by Tech Inquiry’s Jack Poulson — is indeed extensive. Coinbase has given ICE the ability to fully track transactions made on the blockchain, including buys and sales of Bitcoin, Ether, and Tether, along with other popular cryptocurrencies.
