My intent wasn't to argue that Coinbase should be illegal. That would be silly. My goal was to show that regardless of how we feel consumers should act, those links show how they do act.

Consumers take risks far beyond what's reasonable. It's up to Coinbase to protect them, and for them to inform consumers if they can't. But Coinbase is doing just the opposite: they're advertising that they're insured while handwaving the fact that they only insure 2% of their coins. And so on.