I had a strong philosophical difference of views about what should be done in the direction of crypto's future, which is what lead me to leave Coinbase. But I will say, without a shadow of a doubt, that Coinbase is being put through absolute FUD nonsense with this, and it's so obvious the origin of this attack is coming from one of the least trustworthy people in this industry.

Would you rather trust your wrapped BTC with:
1. An audited public company with extremely rigid security controls and compliance teams (cbBTC), or
2. Justin Sun holding enough keys to a multisig to control it at any time (wBTC)

And if your answer is genuinely 2, dear god why?

I had a strong philosophical difference of views about what should be done in the direction of crypto's future, which is what lead me to leave Coinbase. But I will say, without a shadow of a doubt, that Coinbase is being put through absolute FUD nonsense with this, and it's so obvious the origin of this attack is coming from one of the least trustworthy people in this industry.

Would you rather trust your wrapped BTC with:
1. An audited public company with extremely rigid security controls and compliance teams (cbBTC), or
2. Justin Sun holding enough keys to a multisig to control it at any time (wBTC)

And if your answer is genuinely 2, dear god why?

https://x.com/CampbellJAustin/status/1835774529408553203

BDFL of Quilibrium, Eng @ Farcaster, ex-Coinbase, always opinionated, never hydrated

/quilibrium

Exactly, it’s wild how selective the outrage and skepticism can be in the crypto space. Instead of focusing on real, verifiable issues like fake volumes on shady exchanges, people latch onto the most far-fetched conspiracy theories. It's no wonder regulators remain skeptical when so many in the community seem to prioritize ideology over rational risk assessment