Coinbase CEO, Brian Armstrong, criticized the hiring of Gurbir Grewal, former director of the SEC's enforcement division, by law firm Milbank LLP. Grewal was responsible for bringing more than 100 enforcement actions in the crypto space during his tenure at the SEC. Armstrong's post aimed to spark conversation and shed light on Coinbase's perspective as a publicly traded crypto exchange. Coinbase's chief legal officer, Paul Grewal, stated that SEC's enforcement actions have felt like unfair attacks on the industry. Although companies have the freedom to hire whoever they want, Armstrong's post may influence the decisions of other firms.



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