Post
Topic
Board Press
Topic OP
[2022-05-12] Coinbase warns users about bankruptcy risks
by
Konfusioon
on 12/05/2022, 13:01:03 UTC
https://edition.cnn.com/2022/05/11/investing/coinbase-stock-bitcoin-cryptocurrencies/index.html and https://fortune.com/2022/05/11/coinbase-bankruptcy-crypto-assets-safe-private-key-earnings-stock/ are the articles I'm refering to.

It seems that Coinbase is having hard time currently. Their stock is at all times low and at a time like this the company started reminding users that all the currency stored on Coinbase may be part of the bankruptcy pool. Since I am assuming that at least some amount of people hold their crypto on that platform I would suggest looking for alternatives as you really don't own your money there.