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Armstrong tweets in public airing of Coinbase's internal discontent

Published 06/10/2022, 05:40 PM
Updated 06/10/2022, 07:20 PM
Armstrong tweets in public airing of Coinbase's internal discontent

A disgruntled Coinbase (NASDAQ:COIN) employee, identified only as 0x58E3, created a petition on Mirror.xyz on Thursday calling for the removal of three company executives. The petition, titled Operation Revive COIN, has been taken down, but it was captured by the Internet Archive and other websites. Coinbase CEO Brian Armstrong responded to it at length on Twitter (NYSE:TWTR).

Coinbase chief operating officer Emilie Choi, chief product officer Surojit Chatterjee and chief people officer LJ Brock were the targets of the call for removal for “executing plans and ideas that have led to questionable results and negative values.” The author listed eight of their failings in detail. They included the unsuccessful Coinbase NFT platform, rescinding job offers to new employees, mismanagement, creating a toxic workplace and apathy. The petition concluded:

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