As fears surrounding the Coinbase (NASDAQ:) alternate run wild, Paul Grewal, the chief authorized officer of Coinbase, assured prospects that their funds are protected throughout the alternate.

In an SEC disclosure made by Coinbase again in Could, sure elements of the doc talked about that within the case of chapter, crypto-assets held in custody on behalf of its prospects could also be “topic to chapter proceedings” and that prospects could develop into “unsecured collectors” within the course of.