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A comment on Crypto firm BlockFi files for bankruptcy as FTX fallout spreads. Parent comment

Re:Crypto firm BlockFi files for bankruptcy as FTX fallout s... by aodin on Monday November 28, 2022 @11:27AM (#33775612)
Yes, Coinbase is an exchange
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Re:Crypto firm BlockFi files for bankruptcy as FTX fallout s... by JumpCrisscross on Monday November 28, 2022 @12:29PM (#33776490)
> Coinbase is an exchange

Not in the conventional sense. It’s a broker with a prop desk.

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Re:Crypto firm BlockFi files for bankruptcy as FTX fallout s... by HDThoreaun on Monday November 28, 2022 @02:23PM (#33778272)
Coinbase has a prop desk?
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Re:Crypto firm BlockFi files for bankruptcy as FTX fallout s... by JumpCrisscross on Monday November 28, 2022 @02:26PM (#33778315)
> Coinbase has a prop desk?

Maybe [1], possibly not anymore [2].

[1] https://www.wsj.com/articles/coinbase-tested-group-to-specul...

[2] https://news.yahoo.com/coinbase-never-trades-against-custome...

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