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Coinbase borrowed an undisclosed amount of cash that was collateralized by bitcoin in a historic transaction from Goldman Sachs.bitcoinmagazine.com/business/goldman-sachs-partners-with-coinbase-for-banks-first-bitcoin-backed-loan
23 sats \ 3 comments \ @JustDavids 4 May 2022 bitcoin freebie
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0 sats \ 0 replies \ @DarthCoin 4 May 2022

And still there are people using Conbase...
Incredible how people are so stupid.

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0 sats \ 0 replies \ @cryptocoin 4 May 2022

There's also another post, here on SN, regarding this loan by Coinbase:

Coinbase house of cards -- they're leveraging using your BTC | IIICapital
#24965
https://twitter.com/IIICapital/status/1521508870920851457

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0 sats \ 0 replies \ @2bithits 4 May 2022

It said Coinbase was the borrower. Is that right?

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