How risky is Coinbase?

Good afternoon, I'm interested in learning more about the risks associated with Coinbase. As a leading cryptocurrency exchange platform, it seems to have a strong reputation, but I'd like to understand the potential pitfalls that investors and traders should be aware of. Specifically, what types of risks does Coinbase pose to its users, and how does the platform address these risks to ensure the safety and security of its clients' funds? I'm particularly interested in any regulatory concerns or security breaches that have occurred in the past, and how Coinbase has responded to these issues. Thank you for your insights.