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My take? Did the White / lite gray @Swan Bitcoin arrive, @jack mallers? 1. Does Coinbase currently experience a bank run? 2. Did Coinbase already got hacked? Never forget that $MSTR never have published Proof-of-Reserves, and that @Michael Saylor told on camera that’s it’s a bad idea to publish Proof-of-Reserves. It’s not impossible that Fidelity (which actually holds their own keys) is the only US Bitcoin spot ETF that aren’t swimming naked right now. PS. I may be paranoid, but hey, that’s life. View quoted note → View quoted note →