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Coinbase's service is a paid service, which uses analytics to distill that information for LE. So, while true that the "information" is publicly available, the signal-to-noise ratio is abysmal, and Coinbase offers a valuable service that LE would otherwise have to implement themselves.

Ergo, Coinbase is effectively in the "police and surveillance technologies" space while they operate this service.



Coinbase's service uses public data that is MORE exposed if you use your own keys, instead of hiding inside an exchange.




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