Citation? I'm not sure how withdrawing of funds would be considered an operating... | Hacker News

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		azundo on May 10, 2022 \| parent \| context \| favorite \| on: Coinbase Q1/22 Shareholder Letter [pdf] Citation? I'm not sure how withdrawing of funds would be considered an operating loss. That's not how banks work either.

gen220 on May 10, 2022 [–]

You're right; I'm sorry, I misread. It doesn't count as an operating loss, because it's not counted as revenue. It's counted as an asset/liability, not an expense/revenue, updated my original comment.

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