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Re: AugustaFriends post# 549473

Wednesday, 05/11/2022 6:04:36 PM

Wednesday, May 11, 2022 6:04:36 PM

Post# of 647156
Interesting Coinbase article.

'In a filing with the SEC, Coinbase said that “in the event of a bankruptcy” the crypto assets that the company holds in custody for its customers “could be subject to bankruptcy proceedings and such customers could be treated as our general unsecured creditors.”


https://www.protocol.com/bulletins/coinbase-bankruptcy-sec-accounting#:~:text=In%20a%20filing%20with%20the,as%20our%20general%20unsecured%20creditors.”

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