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Seeking advice and a warning to others: Accused of money laundering because of deposit from public ENS address to Coinbase

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by COINS NEWS 127 Views

Posting this from a throwaway account as a warning to others who have public addresses or are using ENS addresses like "myname.eth".

My employer has fired me citing that it appears that I have been money laundering because I deposited tokens to Coinbase from an address linked to an ENS address using my name that I have listed on my socials. Their reasoning is that because Coinbase swept the tokens from the deposit and intermingled it with other account funds it is equivalent to using a tool like Tornado Cash that makes it impossible or difficult to trace the tokens.

They never asked me if I completed KYC for my Coinbase account, which I have completed. I thought this was enough for being compliant but I'm not an expert. I'm pretty sure the real reason for this is I did something that my boss didn't like (not getting into details here) and they put this into motion and the whole thing seems like BS to me.

I've talked to an employment lawyer but they are not specialist in crypto and they said they agree with me that I did nothing wrong but recommend I may want to hire a lawyer that specializes in crypto law. I don't have the funds to hire multiple lawyers and this whole thing has been very frustrating.

I'm not sure what to do, and would be very appreciative of any resources that may be helpful or anyone I might want to get in touch with about this. And be careful if you do have a public address as this can be used against you as I have found.

submitted by /u/Lanky_Shopping2894
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