🧵 1. Coinbase CEO, Brian Armstrong, builds a "war chest" to support pro-crypto politicians, donating $25.5 million to a political action committee. #crypto
🧵 1. Coinbase CEO, Brian Armstrong, builds a "war chest" to support pro-crypto politicians, donating $25.5 million to a political action committee. #crypto
🧵 2. Armstrong's influence grows as his wealth surges, with an estimated $5.8 billion fortune.
🧵 3. The PAC aims to amplify grassroots support for the crypto industry, filling the void left by fallen mega-donor, Sam Bankman-Fried.
🧵 4. Coinbase's legal battle with the SEC continues, as the company fights accusations of running an unregistered exchange.
🧵 5. Coinbase's resilience amidst industry crackdowns enhances its position in the digital asset space.
🧵 Read more at: https://finance.yahoo.com/news/coinbase-ceo-prep-war-chest-180954590.html