Old version
July 23, 2026 00:13 UTC
cddad43136ae0dcaa2630d785297b814b844e3930c4ee93212fa3686ad51a947
CA-V-005191
New version
September 3, 2026 00:13 UTC
2a9831b412cf3f99827c21e7f093f5a3b5c6e62cb7214ebe00bb0bd6ecfcf1fd
CA-V-006334
Share 𝕏 Share in Share
Change Summary
Coinbase expanded the circumstances under which it can liquidate customer assets without notice to cover losses. The updated language adds a new scenario: if a transfer of securities into a customer's CCM account fails or is reversed, Coinbase can now use customer property to make the clearinghouse whole, in addition to the existing authorization covering failures to pay for purchases or deliver sales.
medium severity
0 Sentences added
0 Sentences removed
1 Sentences modified
1783 Sentences before
1783 Sentences after
Added
Removed
Modified
BeforeAfter
1017If you fail to pay for a security you purchase or fail to deliver a security you sell through CCM, you hereby authorize us, upon CCM’s demand for payment made to us and without notice to you, to use your property cover any losses that CCM may suffer as a result of your failure to pay for securities purchased or deliver securities sold, by using any property of yours under our control to make CCM whole, including liquidating any such property. 11.4. Eligibility.1017If you fail to pay for a security you purchase, fail to deliver a security you sell through CCM, or a transfer of securities into your account at CCM fails or is reversed, you hereby authorize us, upon CCM’s demand for payment made to us and without notice to you, to use your property cover any losses that CCM may suffer as a result of any such failure or reversal, by using any property of yours under our control to make CCM whole, including liquidating any such property. 11.4. Eligibility.
Stay ahead of the changes

Watch this before it changes again

Follow unlimited companies, monitor the clauses that matter across every platform, and get the full institutional analysis on what each change obligates you to do.