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    Not all companies in cyrpto are set up like FTX was, says Coinbase CEO



    Brian Armstrong, Coinbase CEO, joins ‘Power Lunch’ to discuss whether he expected FTX’s liquidity crunch, what he thinks happened and if he saw any red flags in his relationship with Sam Bankman-Fried. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

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    View 42 Comments

    42 Comments

    3. Ron S on

      Pull your funds out of Coincase while you still can. Once a cryto CEO says his or her company is safe its time to pull out asap

    6. Brett Ferguson on

      Well FTX was regulated. And so is Coinbase. Regulation does not mean its safe. Coinbase should be checked out because they've been having issues for a long time already, no one just gives attention to them.

    7. Ernest Conner on

      What's the big deal? If the SEC discovers that they are issuing unaudited stablecoin USDC, they will be in big trouble very soon. They'll go bankrupt, just like FTX.

    12. Steven S on

      Coinbase is what it always has been. They even went public even though they weren't registered as a broker yet which is entirely illegal.

    13. R1GAMBLER on

      Dems send Billions of Tax Dollars to the Ukraine CIA Proxy WAR. CIA Ukraine Puppet parks it in FTX. Sam Bankman-Fried launders it back into Democrat Party Elections & Politicians. Everybody gets their cut. Music stops… People scramble for last ponzi scheme chair. How fast will the TV Limited Hangout make the story disappear like our tax dollars? How many people are about to commit Epstein???

      The word is now out. The Democrats sent tens of billions to Ukraine and then laundered this money back to Democrat pockets and funds in the US. Now the company is bankrupt and the funds are nowhere to be found.

      Ever wonder where all those billions of tax dollars were going in Ukraine? Did you ever wonder why anyone was trusting the elites in US politics like the Bidens with billions in funds going to Ukraine?

      Turns out that these were excellent questions!

      We now have information that the tens of billions of dollars going to Ukraine, were actually laundered back to the US to corrupt Democrats and elites using FTX cryptocurrency. Now the money is gone and FTX is bankrupt.

      10% for the Big Guy! 💵👋🏻

      Sam Bankman-Fried bout to commit Epstein! 😱

    14. Christopher Taylor on

      Doesn't Coinbase's SEC filing state that in the event of bankruptcy, Coinbase reserves the right to use client account crypto holdings to pay debtors? What makes them different from FTX?

    15. Rebecca Eadie on

      So, if Coinbase can be trusted, why didn't they inform their stockholders about their patent infringement lawsuit? They are infringing on Veritaseum Inc's intellectual property, and despite their claims, their profits are non-existent. So much for transparency and standing out from the crowd, right?

    16. Lorena Kato on

      Wasn't Coinbase embroiled in a scandal after being tied to Mashinsky's theft of cash from Celsius? Mashinksy stole money from Celsius and then transferred it to Coinbase to cash out. And Coinbase did not even notify the authorities. They appear to be supporting these criminal actions.

    17. Martin Richardson on

      Simply stop using Coinbase. That's my opinion here. Because of what Circle and Coinbase did with the recent Tornado Cash incident, I no longer trust them and will never buy from or use them again. I do not want to put my money at risk.

    20. Jay Guzman on

      What about you ask Armstrong why he sold all his stock shares during their exchange's first day of trading on Nasdaq? It looks like he's doing a pump and dump.

    21. Alex Alex on

      Even with this current crypto dip, the market has been pretty bad until today it decided to surge. Everybody was Practically Crying then. It kept dipping. That's what you get when you feel you can navigate the process on your own. Big thank to Hilder Ferguson. I'm not bothered with how bad the Market is because my assests are insured due to her advice and I still receive my profit

    23. ziyonlinopli on

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    26. joachimlindback on

      Bernard Madoff was regulated too. Crypto was invented so we do not need to trust anyone. Self custody and smart contracts replaces the old "regulated" insecure system.

    38. Chris Harvey on

      Brian Armstrong is hiding something at the 0:33 mark. His eyelids twitch shut which signifies he is with holding a truth and he is ubcomfortable doing so. He knows but he cannot say because he cannot confirm it or it would make people skeptical of coinbase knowing about this for a while

    39. Ari Gutman on

      I think it is important to understand that crypto holds little to no value and won't for a long-time coming… Equities are the safest bets and hold true value..

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