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Alex
@alex818
Coinbase CEO and the Twitter conflict From Brian Armstrong, ask for prufs of the BTC holdings that the exchange says they are holding to secure their new cdBTCs Here are the conclusions drawn from the CEO's response: Coinbase CEO just admitted that you have to take their word for it They will provide no proof of reserves for the BTC they *claim* to have, and no proof of support for their new paper BTC called cbBTC If they print too much paper BTC, they will go the way of FTX
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