The Contagion Risk

Coinbase is a public company with an independent accounting firm who went to go verify all of that and that's what various custodians and exchanges should be doing. If you say you the customer has one Bitcoin You have to hold one Bitcoin if they say they have a hundred dollars You have to holding a hundred dollars in total. There needs to be clear segregation of those customer funds from investment fund or corporate funds, which is where Coinbase got into trouble. They basically co-mingled customer funds with their hedge fund classic front Yeah, can you explain?