What Happens If a Crypto Platform Such as Coinbase or Celsius Goes Bankrupt? | WSJ

Wall Street Journal

What Happens If a Crypto Platform Such as Coinbase or Celsius Goes Bankrupt? | WSJ

When cryptocurrency lending platform Celsius froze user accounts amid a plunge in valuations, it sent ripples across the industry and raised questions about what happens to user assets if a crypto platform files for bankruptcy. WSJ’s Vicky Ge Huang explains. Photo illustration: Jordan Kranse More from the Wall Street Journal: Visit WSJ.com: m Visit the WSJ Video Center: o On Facebook: / On Twitter: J On Snapchat: M #Crypto #Coinbase #WSJ

8 thoughts on “What Happens If a Crypto Platform Such as Coinbase or Celsius Goes Bankrupt? | WSJ”

  1. Even if bitcoin could get banned, I think it's getting harder for that to happen. Enterprise platforms like UnidoEP, Fireblocks, LMAX, etc have been drawing in institutional investors into crypto and that is going to give bitcoin some corporate power to fight governments that want to ban it.

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