Coinbase Is Reportedly Selling Geolocation Data to ICE

The deal, which was signed in September for a maximum $1.37 million, is one of several small contracts between Coinbase and U.S. government agencies. In August 2021, Coinbase signed a smaller contract with ICE worth $29,000 to provide the agency with licenses for its analytics software. In April 2021 and May 2020, Coinbase sold licenses – both initially under $50,000 – from Coinbase Tracer to the U.S. Secret Service.