Old version
July 23, 2026 00:13 UTC
cddad43136ae0dcaa2630d785297b814b844e3930c4ee93212fa3686ad51a947
CA-V-005191
New version
September 3, 2026 00:13 UTC
2a9831b412cf3f99827c21e7f093f5a3b5c6e62cb7214ebe00bb0bd6ecfcf1fd
CA-V-006334
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Change Summary
Coinbase expanded the circumstances under which it can liquidate user assets to cover losses. Previously, the agreement authorized liquidation only if you failed to pay for securities purchased or failed to deliver securities sold through Coinbase Crypto Markets (CCM). The updated language adds a third trigger: if a transfer of securities into your CCM account fails or is reversed. This means Coinbase can now use your property to cover losses resulting from failed or reversed inbound transfers, in addition to your own payment or delivery failures.
medium severity
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0 Sentences removed
1 Sentences modified
1783 Sentences before
1783 Sentences after
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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.
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