bitcoin

How The FTX Collapse Could Leave Blockfolio Users Exposed

User21000000

> Unfortunately, because of my longevity in the Bitcoin space, I used Blockfolio like many Bitcoin users before me to keep track of the amounts of Bitcoin I had in multiple locations and their total value. Now that data that I thought was private will be connected to KYC data of anyone I know, interacted with over a wire and any device they used, especially if through multiple connections it leads back to FTX in any way.

You'ld think that someone holding the title "CEO, Bitcoin Inc." would have avoided volunteering his on-chain activity to a tracking service like Blockfolio.

But he makes the important point clear -- you aren't just risking your own financial privacy, you are risking the financial privacy of those you have traded with, paid, received from, etc.