Or, Coinbase's statement that it "sources its information from public sources" is misleading. After all, the blockchain does not provide geolocation data. So what public source would that come from? That's why this article was written: because it looks like a company selling its users' geolocation data but claiming not to. Publicizing that fact may lead to an outcome where we know for sure, one way or the other.

If Bob is found standing over a bleeding corpse with a smoking gun in his hand, would it be a misleading headline to say "Bob found standing over bleeding corpse with smoking gun in his hand"?