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Coinbase CEO says he will not work with law firms that hire crypto-hostile former SEC staff
Coinbase CEO Brian Armstrong warned law firms not to take on former Securities and Exchange Commission staff it sees as hostile to the crypto industry under the leadership of outgoing Chair Gary Gensler and the Biden administration. “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,” Armstrong posted to X late Monday. The Coinbase CEO claimed that partners at these law firms seemed “unaware of the crypto industry’s position on this,” highlighting Milbank’s appointment of ... (full story)