What if Anchorage gets Hacked. Jake Claver in this recording: “The only place that they can send that crypto back to is your cold wallet.”
Also coveredinstitutional custody
What this recording covers
Claver outlines security protocols, withdrawal verifications, and legal protections used by institutional custody providers. He explains that accounts require pre-approved destination addresses, ensuring assets can only transfer back to an account holder's personal hardware storage. Withdrawal workflows incorporate mandatory waiting periods, multi-signature transaction authorizations, and direct identity confirmation procedures to prevent unauthorized transfers under duress. Turning to structural protections, Claver describes how institutional custodians segregate customer assets into separate legal entities to keep them legally distinct from general corporate operations. He distinguishes standard segregated accounting from emerging relief of stay models, where a secondary trust institution steps in immediately to maintain operational continuity if a primary custodian ceases operations. Claver compares these institutional controls against self-custody risks like phishing and malware.
Where this fits
This page hosts a recorded video and a short summary of what it covers. It is general information, not investment, tax, or legal advice, and not a recommendation to buy or sell any asset or to form any entity. Rules change and older recordings may describe a position that has since moved. Speak to a qualified professional before acting.