Coinbase said its users' crypto assets could become company property if it went bankrupt.Its CEO said shortly after that users' funds were safe and there was no risk of bankruptcy.Coinbase, one of the world's largest cryptocurrency exchanges, warned that its users might lose access to their holdings if the company ever went bankrupt.
Crypto enthusiasts have long heralded the decentralised movement as, in part, a way to give people complete control and ownership of their finances. That's only the case for those who physically store their cryptocurrency on personal wallets, as opposed to a platform like Coinbase.
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