cryptonews: Brian Armstrong has vowed to defend his exchange's crypto staking program Coinbase Earn in court if necessary. 🧠
Brian Armstrong said the exchange will "happily defend" its Coinbase Earn staking service in court days after competitor Kraken paid a $30 million fine and ended its program.Brian Armstrong has vowed to defend his exchange's crypto staking program Coinbase Earn in court if necessary.
Armstrong's Monday tweet pointed to a post-Kraken blog entry by Coinbase chief legal officer Paul Grewal laying out why the company believes it can take on the SEC successfully. Stakers lock funds up with Proof-of-Stake blockchains, getting a fixed percentage of the fees earned with each new block.
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