Coinbase CEO Brian Armstrong has made a strong statement against law firms hiring individuals he considers unethical during the "upcoming transition" period of the SEC.

- Armstrong revealed that Coinbase severed ties with Milbank after the firm hired Gurbir Grewal, the former enforcement director of the SEC.

- He criticized senior figures in the SEC for trying to stifle the cryptocurrency industry without clear guidance.

- Armstrong called on the cryptocurrency industry to refuse funding to individuals whose actions contribute to excessive regulatory interference. 🚀