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Does Coinbase have its hands in your cookie jar?
Check out my legal analysis of Brian Armstrong's claim that it is "unlikely" that a court would decide to consider customer assets as part of Coinbase in the case of possible bankruptcy proceedings.
Why? Because knowledge is power, we should make informed choices about how and where we store our crypto!
Please note that this video is for entertainment and is not legal or financial advice.
Thank you for watching. Please like and subscribe for more! Be sure to leave a comment with any suggestions.
Video Chapters:
Intro
1:51 SAB121 SEC Guidelines
3:28 Legal issues that arise
4:16 User Agreements
7:25 Coinbase risk disclosure (in event of bankruptcy)
10:52 Coinbase Financials
13:13 Application of the Uniform Commercial Code
17:02 Classification of Crypto as Property
21:59 Mixing of Property
25:37 Conclusion
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