News Report
June 12, 2022

Armstrong tweets about Coinbase’s internal disconnect

Armstrong tweets about Coinbase's internal disconnect

On Thursday, a disgruntled Coinbase employee going by the handle 0x58E3 started a petition on Mirror.xyz seeking the firing of three company executives. The petition, named Operation Revive COIN, was taken down, but it was captured by the Internet Archive and other websites. Coinbase CEO Brian Armstrong responded extensively on Twitter.

Coinbase’s chief operational officer Emilie Choi, chief product officer Surojit Chatterjee, and chief people officer LJ Brock were named in the petition for “executing strategies and concepts that have resulted in questionable results and negative values.” On eight of these problems, the author went into great detail. Mismanagement, the creation of a toxic environment, and disinterest were only a few of them.

Mismanagement, the creation of a toxic environment, and disinterest were only a few of them. Mismanagement, creating a really toxic environment, and cynicism was among them. The person who tweeted included the failed Coinbase NFT platform, rescinding job offers to new employees, mismanagement, generating a toxic workplace, and apathy.

“We hope to find people who have had expertise in the crypto space and can run such a company more responsibly,” the petition concluded.

On Friday morning, Brian Armstrong, co-founder and CEO of Coinbase, sent a series of 16 tweets. He tells the petitioners that “our culture is to acclaim in public and criticize in private,” among other things. Armstrong was apparently surprised that he was not on the petitioners’ list of CEOs to fire, meaning that it should be the dissatisfied staff who are fired.

Read related posts:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

More articles
Gergő Kiss
Gergő Kiss
Hot Stories
Join Our Newsletter.
Latest News

The Calm Before The Solana Storm: What Charts, Whales, And On-Chain Signals Are Saying Now

Solana has demonstrated strong performance, driven by increasing adoption, institutional interest, and key partnerships, while facing potential ...

Know More

Crypto In April 2025: Key Trends, Shifts, And What Comes Next

In April 2025, the crypto space focused on strengthening core infrastructure, with Ethereum preparing for the Pectra ...

Know More
Read More
Read more
AI Training Data Scarcity Isn’t The Problem It’s Made Out To Be
News Report Technology
AI Training Data Scarcity Isn’t The Problem It’s Made Out To Be
May 6, 2025
From Hype To Impact: Real Talk On AI And Blockchain At Hack Seasons Conference
Hack Seasons Lifestyle News Report Technology
From Hype To Impact: Real Talk On AI And Blockchain At Hack Seasons Conference
May 6, 2025
Binance Releases ‘Monthly Market Insights’: Crypto Market Capitalization Increases By 9.9% In April, Bitcoin’s Market Share Reaches 63%
News Report Technology
Binance Releases ‘Monthly Market Insights’: Crypto Market Capitalization Increases By 9.9% In April, Bitcoin’s Market Share Reaches 63%
May 6, 2025
MYX Finance Opens MYX Airdrop Claims To Reward Early Supporters
News Report Technology
MYX Finance Opens MYX Airdrop Claims To Reward Early Supporters
May 6, 2025