On December 3rd, Coinbase CEO Brian Armstrong said in a statement: "We have let all the law firms we work with know that if they hire anyone who committed atrocities against the crypto industry under the (soon to be) previous administration, we will no longer be their client."
In my opinion, trying to illegally stifle an industry while refusing to publish clear rules is an unethical act. If you are a senior official there, you cannot say you are just following orders.
They can choose to leave the SEC, and many well-meaning people have chosen to leave. This is not a normal SEC tenure. They can work in other fields (I don't believe in permanently removing people), but as an industry, we shouldn't put money in their pockets after being devastated. Let your law firm know that hiring these people means losing you as a client. "
Coinbase CEO: Will end partnerships with law firms that hire government officials who commit crimes against the crypto industry
2024-12-03 03:11:50
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