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Cory Klippsten has issued a call to action for Bitcoin holders, emphasizing the importance of self-custody. He urges individuals to either take full self-custody of their Bitcoin or opt for a 2-of-3 collaborative self-custody mechanism.
Klippsten's message highlights the need for autonomy over one's Bitcoin to avoid future scenarios where permission might be required to move their cryptocurrency assets.
Klippsten's advocacy for increased self-custody follows a period of heightened volatility, underscored by large-scale cryptocurrency liquidations that erased billions in value in a single day. His perspective on user autonomy also emerges amid ongoing industry scrutiny, including recent disclosures of a Tether-funded conspiracy shaping legal disputes. For further context on these market dynamics, see the discussion of crypto liquidations totaling $40 billion in Friday's selloff and insights into the intricacies of the Tether-funded conspiracy amid legal battle.