Coinbase CEO Brian Armstrong could be the next Silicon Valley billionaire to flee California over a union-backed, draconian wealth tax scheme that critics slam as a radical wealth grab.
“I think it’s deeply un-American to seize people’s assets. It might be unconstitutional,” Armstrong, who has an estimated net worth of $8.8 billion, said of the proposal during an interview on the “The Katie Miller Podcast.”
“It’s against my values, I would say. I think it’s bad for the state and for America. So we’re considering any and all options basically at this point to be, in terms of relocation,” the crypto executive added.
This week on the Katie Miller Podcast, Coinbase CEO Brian Armstrong breaks down crypto, meme coins, and the explosive future of AI in digital assets.
— The Katie Miller Podcast (@katiemillerpod) August 25, 2026
You will see a side of the CEO you have never seen before: his passion for longevity plus the incredible story of how he met his… pic.twitter.com/JxdDittltm
While Coinbase has maintained that it is a remote-first operation, it signed a lease for 150,000 square feet of San Francisco office space in May. That came just four years after it paid $25 million to break its previous office lease in the same city, the READ MORE AT SOURCE »
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