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Coinbase Says No Bankruptcy Risk Amid Black Swan Event

  • Coinbase filing to SEC included a ‘new risk factor’ disclosure
  • Custody coins could be subject to bankruptcy proceedings
Bloomberg business news
Coinbase Shares Fall After Q1 Revenue Miss
Corrected

Coinbase Global Inc. Chief Executive Officer Brian Armstrong said there is “no risk of bankruptcy” for the largest U.S. cryptocurrency exchange, even amid a “black swan” event.

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