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.

https://nitter.libresolutions.network/CryptoWhale/status/1524184693561872384

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@LibreSolutionsNetwork Say it with me, everyone:

NOT YOUR KEYS?
NOT YOUR COINS!

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ligmadon

"pissed everyone off in literally record time" - Recommended by 10 out of 10 people who, for some sad reason, have a dedicated column up to watch #fediblock.