The new language points out that customers could be treated as general unsecured creditors if there ever were to be such proceedings.
Source
Coinbase Has No Risk of Bankruptcy, New 10-Q Disclosure Langauge Is SEC Requirement, CEO Armstrong Says
Related posts
-
Former Bitmex CEO Arthur Hayes: A Weak Yen Solution Might Propel Bitcoin to $1 Million
Arthur Hayes, former CEO of Bitmex and current CIO of Maelstrom, has predicted the geopolitical and... -
U.S. Supreme Court Loss for Coinbase Leaves Company with Mixed Record
Because the scenario outlined in this case is narrow and unusual, it “will have limited applicability... -
US Lawmakers Pressure SEC to Apply Same Principles for Ethereum as Bitcoin ETFs
Five U.S. representatives have called on the U.S. Securities and Exchange Commission (SEC) and Chair Gary...
