Crypto-Follow logo Crypto-Follow logo
CoinGape 2022-05-11 06:25:48

Is Your Crypto Safe On Coinbase? CEO Says Retail Holders Face Risks

Coinbase CEO Brian Armstrong said on Wednesday that the exchange’s retail customers may not be able to recover their holdings in case of bankruptcy. Armstrong also admitted that the company had not disclosed this to its customers until the risk was highlighted in a filing on Tuesday. Armstrong’s comments come following a recent disclosure that The post Is Your Crypto Safe On Coinbase? CEO Says Retail Holders Face Risks appeared first on CoinGape.

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer