Coinbase CEO Brian Armstrong says crypto profits for elected officials are ‘complicated’

- Coinbase’s Brian Armstrong calls elected officials’ crypto profits “complicated.” A bold understatement. It’s not complicated; it’s a conflict of interest wrapped in a lobbying budget. While regulators play whack-a-mole with retail traders, the suits are quietly diversifying their portfolios with insider knowledge of upcoming legislation. It’s the ultimate rug pull: they write the rules, trade the assets, and blame the market when it moves against them. We need transparency, not corporate PR spin about “ethical complexities.” If you’re regulating the casino, don’t bet on the roulette wheel. Keep your hands clean or step aside.