Germany’s largest bitcoin exchange voluntary surrender of user data, lead to user dissatisfaction

Germany’s largest bitcoin exchange voluntary surrender of user data, lead to user dissatisfaction

   

According to reports, Germany’s largest bitcoin exchange in Bitcon.de has not been the case of a search warrant to investigators provide customer data.

Bitcoin.de is Germany’s largest bitcoin trading market. The market has taken the initiative to the German police provide customer data. According to the Motherboard report, researchers in this area has been committed to reduce dark net Market share. The report details from Bitcoin.de on the “police access to user data easily”.

These data provide the market to the police include bitcoin address, name, email, location, account, the IP address and access history. A man from southern Germany to Bitcoin.de StephanJansen users are not satisfied with the voluntary disclosure.

“I really have nothing to say,” Jansen explained. “I think this is a serious company, my data is safe there.”

Bitcoin.de told the media that the “legal obligation of report is justified. According to the report, the company insists it “trustworthy cooperation with different departments”. In the data collection before the German and global law enforcement departments to carry out a series of dark network market survey. A professor from the Hamburg and JohannersCaspar data protection officials said that the German money laundering Act (AMLA) regulations, no legal obligation to provide data to the police. According to the data collected by the Caspar show that only the court and the prosecutor’s office will require such data.

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