Coinbase denies risk of bankruptcy 🚫 Users on CT pointed out the new company disclosure, where user funds would be treated as 'unsecured creditors' 😨 Read more ⬇️
With crypto markets in turmoil, Coinbase CEO Brian Armstrong came forward with a statement saying funds at Coinbase are safe.
Alert users on Crypto Twitter correctly pointed out that the company disclosure said user funds would be treated as "unsecured creditors" in case of bankruptcy. This would mean that users would be held liable to bail out Coinbase. Not your keys, not your coins, as crypto users tend to say.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Lawyers Say Miami Condo Collapse Victims Will Share More Than $1B in Recovery FundsThe pool of funds intended to compensate victims of the collapse of the Champlain Towers South condominium will increase to more than $1 billion, attorneys Wednesday told the judge overseeing the resulting class action lawsuit.
Les mer »
Lawyers Say Miami Condo Collapse Victims Will Share in More Than $1B in Recovery FundsThe pool of funds intended to compensate victims of the collapse of the Champlain Towers South condominium will increase to more than $1 billion, attorneys Wednesday told the judge overseeing the resulting class action lawsuit.
Les mer »
State Funds 3 Bay Area Projects to Create Housing for HomelessThe project in San Jose will convert a 90-unit hotel to interim and ultimately permanent housing for homeless individuals and couples.
Les mer »
Three King County parks awarded more than $6 million in grant fundsTwo of the three parks that qualify for the program, which was established in 2014, are Seattle’s Garfield and Be’er Sheva Park.
Les mer »
Ukraine’s New Fundraising Platform Accepts Crypto, Allows Donors to Allocate Funds – Bitcoin NewsUkraine’s United24 fundraising platform allows donors to allocate the crypto and fiat funds they are sending to support the country.
Les mer »
Mississippi Suing Brett Favre, Former Pro Wrestlers to Recover Funds From Sprawling Welfare SchemeThe Mississippi Dept. of Human Services sued ex-NFL star Brett Favre and 3 former pro wrestlers along with several other people and businesses to try to recover millions of misspent welfare dollars that were intended to help some of the poorest people.
Les mer »