— Brian Arms tron g (@brian_arms tron g) 3 ธันวาคม 2024
Armstrong directed his comment towards Milbank’s hiring of Gurbir S. Grewal, the head of the SEC’s Division and Enforcement Director. He announced that Coinbase would not work with them anymore. According to the CEO, Grewal tried to “unlawfully kill (crypto) industry while refusing to publish clear rules.”
“I don’t believe in permanently cancelling people, but we as an industry should not be putting money in their pocket after the abuse. Let your law firms know that hiring these folks means losing you as a client.” – Brian Armstrong
He further mentioned that anyone in a senior position in the SEC can’t just make an excuse for following orders because “they had the option to leave SEC” as “many good people did” and they should have gone into other sectors with fair regulations.
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