Damus
preston · 59w
My thoughts on the two biggest things that happened last week w/ Bitcoin. SAB121 and the in-kind redemption request to the SEC. https://m.primal.net/OCwy.mp4
test123r789 profile picture
So I believe retail are unsecured creditors at coinbase. Also, I would tend to think that blackrock is a secured creditor. Would blackrock having in kind redemption facilitate a massive rug pull on retail should coinbase "go under"? If that is the case the clock is ticking for coinbase users to get their bitcoin off of coinbase.