“Coinbase has all funds to cover user deposits” – Brian Armstrong, CEO Coinbase.
Coinbase CEO, Brian Armstrong responded on twitter to persistent reports on social media that Coinbase and sister exchange GDAX are insolvent.
According to these reports these exchanges lost millions because of uncovered client positions in ETC ( Ethereum Classic).
More here: – Coinbase Insolvency Speculation
We have embedded the Coinbase CEO’s twitter feed below so that readers can follow real time.
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