CoinBase’s latest filing with SEC says "In the event of a bankruptcy, our customers could be treated as our general unsecured creditors." In other words, when they eventually go bankrupt, they will use YOUR crypto to bail themselves out.

May 11, 2022 · 12:28 AM UTC

343
1,084
295
3,131
Replying to @CryptoWhale
Trying to withdraw crypto from them right now.
2
13
Replying to @CryptoWhale
Not your keys, not your coins 🤝
2
30
Replying to @CryptoWhale
Glad I never used coinbase
1
7
Replying to @CryptoWhale
😮
1
3
Replying to @CryptoWhale
Lmao
1
1
Replying to @CryptoWhale
Damn - you are a genius with investigating mate !! Kudos
1
2
Replying to @CryptoWhale
Yea I saw the FUD 🙄
1