Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 2698
Markets: 22707
CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
Market Cap
24h Vol
2698
Cryptocurrencies
63.57%
Bitcoin Share
BitcoinSistemi 2024-12-03 13:23:08

Coinbase CEO Gives Harsh Cryptocurrency Warning! US Companies Take Back!

Coinbase CEO Gives Harsh Cryptocurrency Warning! US Companies Take Back!

While it was expected that cryptocurrency supporters would be appointed to critical positions after Donald Trump's re-election, a radical step came from Coinbase, the largest cryptocurrency exchange in the United States. Coinbase CEO Brian Armstrong has announced that he will be severing ties with law firms that hire anti-cryptocurrency officials. Coinbase Exchange CEO X announced in a post on his account that Coinbase will no longer work with law firms that hire people involved in anti-crypto activities during their tenure and that they will cut ties. Armstrong cited Milbank, which hired former SEC enforcement director Gurbir Grewal, as an example. Armstrong also stated that Coinbase has terminated its relationship with Milbank, which hired SEC Enforcement Division Director Gurbir S. Grewal, citing Coinbase’s involvement in enforcement actions against the cryptocurrency industry. Urging the crypto community not to support those working against the industry, Armstrong said: “We have made it known to all the law firms we work with: If they hire anyone who committed bad acts in the previous administration, we will no longer be their client. For example, Milbank recently made a mistake and hired Gurbir. We no longer work with them (and never will as long as he works there). Trying to illegally kill an industry while refusing to publish clear rules is a violation of ethics in my book. Let your law firms know that hiring these people means losing you as a client.” We've let all the law firms we work with know, that if they hire anyone who committed these bad deeds in the (soon to be) prior administration, we will no longer be a client of theirs. Senior partners at these law firms seem unaware of the crypto industry's position on this.… https://t.co/k8R6NtfTV1 pic.twitter.com/RT0k408i9f — Brian Armstrong (@brian_armstrong) December 3, 2024 *This is not investment advice. Continue Reading: Coinbase CEO Gives Harsh Cryptocurrency Warning! US Companies Take Back!

Most Read News

Market Cap
24h Vol
63.57%
Bitcoin Share
650
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.