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Comment by pavlov

When Coinbase files for bankruptcy, crypto deposits will be at the back of the line. They are unsecured creditors. The company itself says that: https://www.bloomberg.com/news/articles/2022-05-11/coinbase-...

Coinbase executives will have enjoyed years of massive pay days selling stock pumped up with customer money. The customers who assumed the money in their accounts is protected like with a bank will be wiped out.

parent pavlov 3 years ago

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