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UPBIT’S DEATH SENTENCE: You’ll Never Be Alone Again, Thanks to Our New BFFs at the NSA!

A  Upbit exchange server is shown being dragged away by a giant Amazon Web Services (AWS) cloud with the United States flag waving behind it. A group of NSA agents, depicted as cute and friendly robots, are seen welcoming the server into their arms, surrounded by happy faces and balloons.

Upbit’s AWS switch: Because what every cryptocurrency exchange needs is a good dose of US government snooping.

Source: cointelegraph

Upbit, the largest cryptocurrency exchange in South Korea, has announced that it will change its privacy policy to store user data on United States servers, effective from Oct. 1. The exchange will store user data on Amazon Web Services (AWS) servers in the US to enhance service reliability while addressing privacy and regulatory considerations. Cointelegraph contacted Upbit and AWS for comment but received no response by publication.  The move to […]

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