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 I'm not the biggest Coinbase guy, but the amount and doom and gloom about them being a custodian is funny to me. As if all of this shit sits in one wallet.

There is just no way get past corporate compliance and legal teams without a robust solution in place. Anyone that has worked in IT, especially at a clearance level, knows the hoops vendors have to jump through to get contracts when it comes to critical infra or where the money is held.