Jameson Lopp warns Bitcoin holders against abandoning self-custody
- —Lopp: ETFs and custodians shift risk to institutions rather than removing it
- —He recommends multisig and keys split across locations and suppliers
- —Trigger: Coldcard exploit of about $90M and compromised Ledger reseller devices
- —OKX saw record inflows in August after the Coldcard exploit
Why it matters: The custody debate is intensifying after repeated wallet breaches, with some holders potentially shifting to ETFs and away from self-custody.
Source: crypto.news