Coinbase says it can take your crypto

Coinbase CEO says no after statement made by platform.

That’s the issue with custodians.

1 Like

Of course. They can just switch off the website, and no one is able to get their money back.
This has happened to so many other crypto and P2P platforms.

However, Coinbase is listed in the stock market. It is unlikely that they may be able to do something without consequences. Although crypto regulation is not yet a reality, other type of regulations exist. If they were able to list their stocks, they have to comply with certain regulations.

Imho, this is a matter for the courts. No one can just get possession of property because they want.

1 Like

Yep. Not your coins, not your crypto.

1 Like