The umbilical cord blood storage industry is under-regulated and untrustworthy, much like another freezing-related industry, cryonics. Both are full of examples of amateurs, bad actors, and mundane issues like bankruptcy resulting in things that were promised to be kept frozen for decades or centuries ending up in waste disposal after 5 years. Like this example from Canada:

https://www.cbc.ca/news/canada/toronto/cord-blood-bank-of-ca...

Also, from the same article, does anyone has more information on this:

> there's a very low probability that someone's own stem cells can be used to treat them, according to Health Canada.