WORLDTECHCasa security chief Jameson Lopp urges Bitcoin holders to keep self custody
Jameson Lopp, chief security officer at Casa, is advising Bitcoin holders to remain in self custody rather than shift their holdings into ETFs or third-party custodians. According to crypto.news, the warning follows a run of security incidents involving cryptocurrency wallets.
What Lopp is advising
Lopp is asking Bitcoin holders not to step away from managing their own keys. The alternatives he steers them away from are ETFs, which are funds traded on a stock exchange much like a share, and third-party custodians that hold assets on behalf of clients.
The recommendation is framed as a response to a series of security incidents affecting cryptocurrency wallets, as crypto.news reports.
Single source and open details
The account rests on one outlet: crypto.news is the only source named for Lopp's position. The available material does not say which incidents are meant, how large they were or who was affected, so the link between those incidents and Lopp's advice depends on that single report.
Open questions
- Which wallet security incidents prompted Lopp's recommendation?
- How many holders have actually moved from self custody to ETFs or custodians?