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A comment on Tell HN: Coinbase now requires physical address of recipient in crypto transfers. Parent comment

Re:Tell HN: Coinbase now requires physical address of recipi... by tlb on Friday June 24, 2022 @05:58AM (#31859671)
Being an unsecured creditor under US law is much better than the law of the jungle, where rug-pulls are just tough luck. Unsecured creditors are still ahead of stockholders in the event of a bankruptcy.
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Re:Tell HN: Coinbase now requires physical address of recipi... by graeme on Saturday June 25, 2022 @12:02PM (#31876318)
That’s very cold comfort. As an unsecured creditor you’re back of the line among creditors in a situation when there manifestly are not enough assets to pay creditors
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