Quote from: Beerwizzard on March 04, 2019, 08:45:19 AM

Sounds interesting.
Do you know any cases when users could get their money back after being hacked?
I feel like funds are secured in case someone hacks coinbase, not a user. That's a bit different kind of security.

Yeah, it only kicks in if they themselves get hacked, not individual user accounts:

Quote from: https://support.coinbase.com/customer/portal/articles/1662379-how-is-coinbase-insured-

Please note that the insurance policy covers any losses resulting from a breach of Coinbases physical security, cyber security, or by employee theft. This insurance policy does not cover any losses resulting from the compromise of your individual Coinbase account. It is your responsibility to use a strong password and maintain control of all login credentials you use to access Coinbase.

There seems to be at least one documented case of a Coinbase refund:

Quote from: https://www.theverge.com/2014/2/7/5386222/a-string-of-thefts-hit-coinbase-bitcoins-most-reputable-wallet-service

It was 10.6 bitcoins held in the wallet service Coinbase, the most well-funded and widely implemented service on the market. Jeff, who asked that we not use his last name, got the news of the transaction as soon as it happened, and after going back and forth with a customer-service representative, he had his money refunded. Exactly one month later, it happened again.

But yeah "compromise of your account" could be spun into different ways. Insurance is nice, but I still wouldn't rely on it.