Coinbase defends customer asset rights in Prime Trust bankruptcy case

Coinbase has stepped into the Prime Trust bankruptcy case, filing an amicus brief to push back against a motion that could threaten customer asset protections. In a Feb. 5 court filing, the exchang...

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Coinbase defends customer asset rights in Prime Trust bankruptcy case

Source: CryptoSlate

Coinbase has stepped into the Prime Trust bankruptcy case, filing an amicus brief to push back against a motion that could threaten customer asset protections. In a Feb. 5 court filing, the exchange has urged the court to uphold Uniform Commercial Code (UCC) Article 8, a legal framework that ensures custodial assets remain customers’ property. […]