While I'll give props to Coinbase for remaining to be unhacked for a long time knowing they're one of the earliest crypto exchanges,
I guess that's why the statement
While I agree that self custody comes with it's own share of risks, putting funds in exchanges just doubles it up, so ofc not worth the risk. BUT, People should stop pretending as if it's magical wand.
Just look at this, even tech savvy people get hacked: https://mobile.twitter.com/LukeDashjr/status/1609613748364509184