Coinbase Stirs Outrage With Sponsorship Of Military Parade In Washington D.C.

US-based crypto exchange, Coinbase, has found itself at the center of controversy after sponsoring a large-scale military parade in Washington, DC, marking the first such event in decades. The parade, held to celebrate the 250th anniversary of the United States, featured various corporate sponsors, including the exchange.

Debate Erupts Over Coinbase’s Role In Military Parade 

The event, organized by America250—the official body responsible for commemorating the anniversary—also attracted sponsorships from well-known companies, including the software company Palantir, the aircraft developer Lockheed Martin, the retail company Walmart, Coca-Cola, and Chrysler.