Cryptocurrency exchange Coinbase has published a transparency report for the second half of 2020. Between July 1 and December 31, the company received 2,313 government disclosure requests.
The overwhelming majority of appeals (95.7%) are related to criminal investigations. More often than others, information about clients of the exchange was asked to provide three jurisdictions – the United States, Great Britain and Germany. They account for about 90% of the total number of claims.
During the reporting period, US government departments sent 1,197 requests to Coinbase. Of them:
- Federal Bureau of Investigation – 362;
- Customs Police – 248;
- local government bodies – 161;
- Drug Enforcement Agency – 121.
The company added that it received approximately 4,227 requests for the full year of 2020. Of these, 54% fell on the second half of the year.
Coinbase also noted that the number of hits from France increased by 20%.
Recall that in October 2020, the exchange published a report on the transparency of its activities for the first half of the year. Coinbase received 1,914 government requests in six months.
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