Crypto critics blast Coinbase’s ‘gross’ sponsorship of US Army parade

Description

Coinbase is facing widespread backlash over its decision to sponsor the US army’s 250th anniversary military parade, which took place in the Capitol on Saturday in conjunction with President Donald Trump’s own birthday.

Publish date

June 16, 2025

Publisher

DL News

Web URL

https://www.dlnews.com/articles/people-culture/crypto-critics-blast-coinbase-sponsorship-of-us-army-parade

Referenced by

Coinbase sponsors U.S. Army parade in D.C. Does this signal a cultural shift in the crypto space?

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Others argue that the sponsorship wasn’t a tone deaf blunder but a calculated move by a company looking out for its bottom line.

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Coinbase, which laid off more than 1,000 employees last year, relies on support staff based in India — and that staff was recently caught leaking user data after being bribed.

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