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#307 – Brian Armstrong: Coinbase, Cryptocurrency, and Government Regulation
Lex Fridman Podcast
Can Government Agencies Seize a Person's Cryptocurrency?
In the US, there is rule of law, right? So we have reasonable protections in place around like search and seizure. We're a regulated financial service business. And so if the money is used to break as part of breaking the law, that's what that in a particular jurisdiction in a particular, right? Sometimes we will actually get court orders or subpoenas that are overly broad. It's kind of unfortunate and frustrating as a large business. As a company at a certain size, which ultimately gets passed on to the customer in higher fees.
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