Crypto-currency enthusiasts should steer clear of COINBASE. This bunch is attempting to be certified by the so-called Securities and Exchange Commission(SEC) ...you know...the same bunch which permitted BERNIE MADOFF to steal billions of dollars from his customers even though SEC was told about what he was doing. And COIN BASE is seeking the imprimatur* of the SEC?(WSJ B-1;04-07-18).
*As soon as COIN BASE revealed it was seeking such imprimatur from the SEC...crypto-currency holders instantly began their flight from COINBASE...fearing a THEFT or OTHER TRICK...sanctioned by the SEC...a la MADOFF...was afoot.
that bunch of jackals.