[paxys]

Coinbase is a perfectly normal company. They take your money and exchange it for crypto (and vice versa), taking a cut in the process. There's no funny business with tokens or lending out customer deposits. They are also regulated as a public company by the SEC and Delaware courts. If they do go out of business it'll be due to good old fashioned operating losses.

[sanxiyn]

Note that Coinbase does have lending business. The reason it's not visible in their balance sheet is because it's not popular.

https://www.coinbase.com/borrow

[paxys]

I didn't know that, but considering that half the page is disclaimers and legal notices I guess they at least somewhat know what they are doing.