Receipts.Tech

#22 on the board

D

Coinbase

CompanyConcerning25/100high confidence · 7 issues
5 opposed4 mixed

Receipts

9

Against

5

Flagged on

🌈DEI×2📉Layoffs×1👷Worker Treatment×1🇵🇸Palestine×1

Cryptocurrency exchange platform.

IndustryCryptoFounded2012Headcount3,500+coinbase.com

Key stats

Total Layoffs

1,200

Last: Jun 2022

Political Donations

$51.0M

2 donations

The receipts (9)

Mixed🗳️PoliticsNov 2025

Donated $1M to Trump-Vance inaugural committee. Contributed to Trump's $300M White House ballroom project.

News✓ VerifiedShare ↗
Opposed🇵🇸PalestineJan 2024

Coinbase blocked Palestinian users in Gaza from accessing cryptocurrency funds. Brian Armstrong "mission-focused."

News✓ VerifiedShare ↗
Mixed🛂ImmigrationJan 2024

Coinbase global workforce. But Brian Armstrong "mission-focused" avoided political stances.

Company Website✓ VerifiedShare ↗
Mixed🤖AI EthicsJan 2024

Coinbase AI in crypto. Trading algorithms. Market manipulation concerns. Regulatory scrutiny.

Company Website✓ VerifiedShare ↗
Opposed📉LayoffsJun 2022

Laid off 18% of workforce in June 2022, then another 20% in 2023. Rescinded job offers.

Company Website✓ VerifiedShare ↗
Opposed🌈DEIOct 2020

After "mission-focused" memo, many DEI-focused employees left.

News✓ VerifiedShare ↗
Mixed🗳️PoliticsSep 2020

CEO Brian Armstrong declared Coinbase would not engage in social activism. "Mission-focused" only.

Company Website✓ VerifiedShare ↗
Opposed👷Worker TreatmentSep 2020

Coinbase "mission-focused" policy silenced employees on social issues. Exit packages for dissenters.

Company Website✓ VerifiedShare ↗
Opposed🌈DEISep 2020

Coinbase "mission-focused" policy led to DEI employee exits. Brian Armstrong anti-activism.

Company Website✓ VerifiedShare ↗

The numbers (1)

📉LayoffsJun 2022

1,200+ employees laid off

18% in June 2022, then another 20% in 2023. Rescinded job offers.

1,200 affected(18% of workforce)
Source:Company Website✓ Verified

Political Donations (2)

Total: $51.0M
DateAmountRecipientType
May 13, 2024$50.0MFairshake PACvia Fairshakesuper pac
Jan 18, 2025$1.0MTrump Inaugural Fund 2025inaugural

* Coinbase among top three Fairshake crypto super PAC contributors