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Coinbase Chief Legal Officer Clarifies cbBTC User Agreement Concerns
- Paul Grewal addresses concerns about Coinbase's cbBTC user agreement.
- Concerns arose regarding limited liability for reimbursing lost Bitcoin.
- Grewal confirms Coinbase's liability is limited to the Bitcoin lost, not covering external losses.
- Coinbase launched cbBTC, a wrapped Bitcoin product, amidst controversy surrounding WBTC.
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