[URGENT] Coinbase Gives Bitcoin Investors Grim Warning During Earnings

[URGENT] Coinbase Gives Bitcoin Investors Grim Warning During Earnings

Today during $COIN earnings, Coinbase talked about what would happen should they file bankruptcy, and what it would mean for your Bitcoin. I am posting this to remind you all THAT YOU SHOULD NOT KEEP YOUR BITCOIN ON EXCHANGES.

"Moreover, 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..."

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Guys, get your crypto off exchanges and into wallets you own.

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submitted by /u/ResponsibleWhile6991 to r/Bitcoin
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Quelle: bitcoin-en