Coinbase faces backlash over sponsorship of U.S. Army’s 250th anniversary parade

Coinbase Exchange is facing criticism for sponsoring the U.S. Army's 250th anniversary parade, which took place alongside President Donald Trump's birthday. According to DL News, critics argue the move contradicts crypto's ideals of decentralization and freedom from state control. Coinbase’s branding appeared at the event, alongside military contractors like Palantir and Lockheed Martin. Some see the sponsorship as politically charged, despite the company's claim of remaining neutral.