**Coinbase Cuts Ties with Milbank: Armstrong's Crypto Drama** 🚀

- Coinbase CEO Brian Armstrong has caused a stir by deciding to cut ties with law firm Milbank. The reason? Milbank hired Gurbir Grewal, a former SEC enforcement director who is known for 'enforcing' rules in the crypto world.

- Armstrong believes that several senior SEC figures are trying to hinder the crypto sector without clear regulatory guidance. In fact, there are SEC staff who have chosen to leave rather than join in this 'drama'.

- Although he does not support "permanently canceling people," Armstrong has called on the crypto industry not to fund individuals who he considers to be contributing to regulatory "overreach."

- Armstrong is also known to support pro-crypto figures in government, such as Hester Peirce. In fact, there are rumors that he will meet Trump to discuss important positions in government related to crypto.

What do you think, is Armstrong's move brave or reckless? Let's discuss in the comments column!