Ripple CTO Criticizes FDIC, Spotlights Coinbase Flaws

Ripple’s Chief Technology Officer David Schwartz has been deeply involved in the online debate surrounding the Federal Deposit Insurance Corporation (FDIC). While he did not attack Coinbase, he did not defend it either. The safety of crypto holdings in centralized exchanges remains a concern after the collapse of FTX in 2022. The incident opened investors’ eyes to the risks of storing... source: https://beincrypto.com/ripple-cto-explains-fdic-problems-spotlights-coinbase/