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That's Coinbase's insurance. That's not coinbase customers' indurance. FDIC is _my_ insurance coverage. > Coinbase is insured against employee theft and hackin
by gohrt 11y ago
That's Coinbase's insurance. That's not coinbase customers' indurance. FDIC is _my_ insurance coverage.
> Coinbase is insured against employee theft and hacking in an amount that exceeds the average value of online bitcoin it holds at any given time.
If someone steals 90% of Coinbase's transiently held coins, no insurance coverage.