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

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RobNelson
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Mar 12, 2025 3:46 PMPublished Mar 12, 2025 3:46 PM
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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