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Something is off about those listings. The majority of the transactions went to "Brian Forde for Congress" and have the memos like " .03533216 BITCOINS SOLD VIA COINBASE - PURCHASER UNKNOWN". I don't think these are contributions by Coinbase, but Bitcoin contributions that went through Coinbase. There is probably some byzantine election funding rule that allowed or forced these recipients to list Coinbase as the"source" of anonymous Bitcoin donations.



There's not supposed to be "anonymous" donations, that's the entire point of reporting requirements. If Coinbase is hiding political donors, that's gotta be against election law?


Coinbase isn't hiding anything. It's the campaign's responsibility to identify donors in compliance with campaign finance laws. If a campaign is accepting donations of Bitcoin, it's their responsibility to find out who owns the wallet. Coinbase only knows, and can only know, the donor's wallet address. Coinbase doesn't even know what the transaction is for. That was one of the points of Bitcoin.




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