Some crypto community members reacted negatively to Coinbase’s sponsorship of the U.S. Army parade, interpreting the move as explicit endorsement of a controversial political event.
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Critics say the tie up is antithetical to guiding principles of crypto.
Some users pointed out how Coinbase sponsoring the parade directly contradicts its own position of staying neutral on political causes. Indeed, many of the crypto exchange’s prior claims directly contradict this weekend’s sponsorship.
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