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Bitcoin needs to be self-custodied: ‘No FDIC insurance,’ says Foundation Devices CEO cover image

Bitcoin needs to be self-custodied: ‘No FDIC insurance,’ says Foundation Devices CEO

RobNelson
Mar 12, 2025
Partner
4.5KMembers·6.5KPosts
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RobNelson
Mar 12, 2025
Partner
Foundation Devices CEO Zack Herbert warns investors about the risks of storing Bitcoin on exchanges, pointing to collapses like Mt. Gox and FTX.
www.thestreet.comBitcoin needs to be self-custodied: ‘No FDIC insurance,’ says Foundation Devices CEOFoundation Devices CEO Zack Herbert warns investors about the risks of storing Bitcoin on exchanges, pointing to collapses like Mt. Gox and FTX.
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