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Don't buy/sell crypto in general but in particular do not use coinbase

submitted by titstitstits to Crypto 6 monthsOct 23, 2024 02:44:21 ago (+3/-0)     (en.wikipedia.org)

https://en.wikipedia.org/wiki/Coinbase#Custody_of_client_assets

Custody of client assets
In a May 2022 Form 10-Q filing, Coinbase stated that "because custodially held crypto assets may be considered to be the property of a bankruptcy estate, in the event of a bankruptcy, the crypto assets we hold in custody on behalf of our customers could be subject to bankruptcy proceedings and such customers could be treated as our general unsecured creditors".[124][125][126]


4 comments block

Coinbase is shit but crypto is not.