Post
Topic
Board Bitcoin Discussion
Re: 134 pages of complaints filed to the SEC against Coinbase
by
Ilegendph
on 20/08/2018, 16:28:17 UTC
Allegations are just allegations until they're proven, but these complaints are actually very believable and not at all far from what usually happens with embattled exchanges. I never thought of Coinbase as being particularly safe, but I only usually hear about them being a shitty exchange, not a scammy one. Turns out everyone has plenty of scam allegations. I hope these are resolved as soon as possible.

This is just another reminder to not trust exchanges with your money and to not use them any more than necessary.

I believe that coinbase would be acquitted immediately because the evidence is poor and the law pertaining to cryptocurrency is still poor. Its not just with shouldn't trust the exchanges but rather keep safe of those coins you have and don't stock it in a exchange. They are always saying that to their customers specially centralized exchange.