Legal position of investors if IBIT gets hacked

Dear all, What would be the legal position, and protection if any, of IBIT investors if the IBIT depository (no idea if it's Blackrock or, again, someone like Coinbase) was hacked and their Bitcoin disappear? I think one aspect is the protection that Blackrock might or might not be able to afford, and the other is the protection that the authorities might or might not give to investors. I am not talking about mickey mouse "exchanges" a la SBF. I am talking about serious stuff like TD Ameritrade, Fidelity, fully regulated US brokers. Thanks in advance submitted by /u/ManlyAndWise [link] [comments]

Apr 15, 2025 - 16:25
 0

Dear all,

What would be the legal position, and protection if any, of IBIT investors if the IBIT depository (no idea if it's Blackrock or, again, someone like Coinbase) was hacked and their Bitcoin disappear?

I think one aspect is the protection that Blackrock might or might not be able to afford, and the other is the protection that the authorities might or might not give to investors.

I am not talking about mickey mouse "exchanges" a la SBF. I am talking about serious stuff like TD Ameritrade, Fidelity, fully regulated US brokers.

Thanks in advance

submitted by /u/ManlyAndWise
[link] [comments]