Hi to all. Strange thing happened today to me so I have decided to write about it. 

Few minutes ago I've received an email from Coinbase regarding my account with the following text: 

"As of March 14th, Coinbase is transitioning to self-custodial wallets. Following a class action lawsuit alleging unregistered securities and unlicensed operations, the court has mandated that users manage their own wallets. Coinbase will operate as a registered broker, allowing purchases, but all assets must move to Coinbase Wallet.

Your unique recovery phrase below is your Coinbase Identity. It grants access to your funds—write it down and store it securely. Import it into Coinbase Wallet by entering each word followed by a space. 

1. doll
2. bachelor
3. hover
4. fog
5. scree
6. lab
7. dish
8. connect
9. wedding
10. soldier
11. surface
12. labor"

I wrote it here as I do not intend to keep the account on Coinbase. 

Then they continue to advise me how to setup the wallet. This is good, but the way they publish that phrase, which is supposed to be secure, is insane...😬☹️

Step 1: Set Up Your Wallet

• Download Coinbase Wallet as a mobile app or browser extension.
• Import your recovery phrase by selecting "I already have a wallet."

Step 2: Transfer Your Assets

• For each asset, click "Receive" in the wallet app/extension.
• Select "Receive from Coinbase."
• Choose "Add crypto with Coinbase Pay."
• Transfer all assets via Coinbase Pay.

No Time to Wait

Act quickly—the deadline to transfer your assets to a self-custodial wallet is April 1st, 2025.

So, do you trust these guys!? This words cannot be changed, and they have them in the system I think. 

I'll create probably create new wallet if needed, but hopefully it will not be the case! 

How about you, what do you think? Can we trust them...!?🙈