CoinScoopBetter Mortgage Risks: BTC Collateral Subject to Rehypothecation
Better has opened applications for its Bitcoin-collateralized mortgage service in partnership with Coinbase, with pre-applications reaching $360 million. However, disclosure documents reveal that pledged BTC may be subject to rehypothecation, potentially preventing users from recovering their assets for up to 30 years.
Summaries are written by AI from the original article. Not investment advice.