Coinbase was aware that support reps were suspiciously accessing customer data when its CEO tweeted that the CFPB should be "deleted". Among other things, the CFPB has pursued legal action against financial companies that failed to secure sensitive customer data.
@molly0xfff Pro Tip: Assume a >90% chance that every #CEO or #Corporate #Flunky calling for the end of #CFPB is a #shady fuck doing #crimes.
@molly0xfff He’s been getting cozy with the broligarchs.
@molly0xfff Is this the same publicly traded company and largest Bitcoin custodian in the world who sent one of their ostensibly legally bound executives to harass you online?
@molly0xfff Really, the Consumer Financial Protection Bureau is saved? By Clarence Thomas?
“in this economy”?
I don’t know how to react. The world no longer makes sense.
@molly0xfff coinbase guy might be bit disingenuous
@molly0xfff Not sure why he thinks the overseer of his industry is unconstitutional, but then again he is probably Trumpist and they have never read it but just assumes that it is a Libertarian creed somehow.
@molly0xfff I gotta say, they have quite humorous takes about this whole story. #Coinbase also just unironically sent out this newsletter calling on their users to watch out, when the whole story was unfolding on their own watch: