11-05-2022 14:53 via gadgets360.com

Coinbase CEO Brian Armstrong Says Disclosure Does Not Indicate Bankruptcy Risk

Coinbase CEO assured no risk of bankruptcy in light of a disclosure in its latest quarterly. He made these comments after Coinbase said that, in the event of bankruptcy, crypto assets held by the exchange could be considered property of the bankruptcy proceedings and customers could be treated as general unsecured creditors.
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