COINBASE干预主要信托破产以保护客户资产

Coinbase首席法律官Paul Grewal引用了《统一商业法典》（UCC）的第8条，该条款确保保管人持有的资产仍然存在

Crypto exchange Coinbase has filed an amicus brief in the bankruptcy case of crypto custodian Prime Trust. According to Paul Grewal, Coinbase's chief legal officer, the filing is an attempt to protect customer assets that are being held by the custodian during its financial restructuring.

加密交易所Coinbase已在加密托管Prime Trust的破产案件中提交了一份法庭之友。根据Coinbase首席法律官Paul Grewal的说法，该文件是一种试图保护保管人在财务重组期间持有的客户资产的尝试。

Coinbase's Grewal cites Article 8 of the Uniform Commercial Code (UCC), which is designed to ensure that assets held by custodians remain the property of the customers even in bankruptcy cases.

Coinbase的Grewal引用了《统一商业法典》（UCC）第8条，该法案旨在确保托管人持有的资产即使在破产案件中仍然是客户的财产。

Coinbase intervenes in Prime Trust bankruptcy

Coinbase干预主要信托破产

Prime Trust is a crypto custody service that offers a range of services, including helping institutional investors to securely save their cryptocurrencies. On August 14, 2023, Prime Trust filed for Chapter 11 bankruptcy protection in Delaware, and it requested the formation of a committee to oversee the liquidation of its assets.

Prime Trust是一项加密监护服务，提供一系列服务，包括帮助机构投资者安全地保存其加密货币。 2023年8月14日，Prime Trust申请了第11章在特拉华州的破产保护，并要求成立一个委员会来监督其资产清算。

The company disclosed a shortfall of $82 million in customer deposits, and regulators had identified a deficiency in customer deposits. Moreover, a large portion of clients' holdings are in illiquid tokens, which has further complicated the bankruptcy situation.

该公司披露了8200万美元的客户存款短缺，监管机构已经确定了客户存款的不足。此外，很大一部分客户的持有量都在流动的代币中，这进一步使破产状况变得更加复杂。

As of February 5, Coinbase has joined the legal proceedings surrounding Prime Trust's bankruptcy by filing an amicus brief, in which it urges the court to uphold the legal protections that are in place for customer assets held by custodi剜stians.

截至2月5日，Coinbase通过提交法庭摘要来加入围绕Prime Trust破产的法律诉讼，该摘要敦促法院坚持Custodi stians持有的客户资产的法律保护。

In an X post, Paul Grewal highlighted that customer assets should not be absorbed into a custodian's bankruptcy proceedings. He argues that both Coinbase and Prime Trust's user agreements stipulate that custodian assets belong to clients, not custodians, as outlined in Article 8.

在X帖子中，保罗·格雷瓦尔（Paul Grewal）强调说，不应将客户资产吸收到保管人的破产程序中。他认为，Coinbase和Prime Trust的用户协议都规定，如第8条所述，保管人资产属于客户，而不是托管人。

“UCC Article 8 is a pillar of commercial law that protects customer assets– held by custodians big and small, in digital or traditional finance (including BNY and DTC)– from unfairly getting swallowed up in bankruptcy,” said Paul.

保罗说：“ UCC第8条是商业法的支柱，可保护客户资产 - 由大小在数字或传统金融（包括BNY和DTC）中持有的客户资产 - 免受破产吞没的不公平吞噬。”

Coinbase's intervention aims to set a precedent for the treatment of customer assets within the crypto industry and beyond. Grewal emphasized the broader implications of the case, stating that “This is bigger than crypto.”

Coinbase的干预旨在为处理加密行业及其他地区的客户资产的治疗设定先例。格雷瓦尔（Grewal）强调了案件的更广泛的含义，指出“这比加密货币大。”

The UCC Article 8, according to Grewal, serves as a foundational element of commercial law that applies to both digital and traditional financial institutions, which are inherently susceptible to bankruptcy proceedings given the nature of their businesses.

根据格雷瓦尔（Grewal）的说法，UCC第8条是适用于数字和传统金融机构的商业法的基本要素，鉴于其业务的性质，这些数字和传统金融机构本质上容易受到破产程序的影响。