Coinbase Says Customers Could Lose Crypto if Company Goes Bankrupt

The crypto market has been struggling recently. Volatility from the broader market is starting to affect the bottom line of crypto exchange companies. For example, Coinbase shares were down nearly 20% during Thursday's session after a huge miss on estimates in its Q1 earnings report. The crypto exchange also warned users that they could lose all the cryptocurrency stored in their accounts on the platform if the company goes bankrupt. Jeff Roberts, the Executive Editor of Decrypt, joins Cheddar News' Closing Bell to discuss.
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