Coinbase gave a shocker, and mixed signals. The largest cryptocurrency exchange in the US issued a warning that if they went bankrupt, that customers would not have access to their crypto currency. Their CEO then turned around and said “Your funds are safe at Coinbase, just as they’ve always been”. In about one year, Bitcoin is down about 50%, and anyone investing in crypto over the breadth of selections may have lost even more. The governments that are cracking down, from declaring illegal to demanding tracking, or suggesting their own versions, all make for a volatile future which is causing people to head for the exits.

Following an epic share price decline of more than 27% this week, Coinbase issued a stark warning to customers, your money is at risk if the crypto exchange goes bankrupt.