Crypto trade Coinbase is dealing with backlash for sponsoring U.S. President Donald Trump’s controversial army parade in Washington, D.C. on Saturday, June 14.
Coinbase Sponsorship Sparks Navy Controversy
Social media was flooded with movies and pictures of Coinbase’s sponsorship on the occasion, which was meant to mark the U.S. Military’s 250th anniversary and coincided with Trump’s 79th birthday.
US Military, sponsored by Coinbase pic.twitter.com/c3KtJNFQdQ
— Luke Metro (@luke_metro) June 15, 2025
Longtime Coinbase buyer Adam Cochran took to X on Monday to share that he could be promoting his positions within the crypto firm, calling the group’s choice to again the occasion “gross” and “unhealthy advertising” for mainstream digital asset adoption stateside.
“It’s time for me to vote with my pockets and use alternate options that both align with my values or that may really hold their ‘credibly impartial’ stance, as an alternative of solely making use of it conveniently,” Cochran wrote.
“In the event you informed me a number of years in the past Coinbase could be a sponsor to a U.S. army parade I’d suppose you have been insane,” one other X person wrote.
America250, the group behind this previous weekend’s occasion, confirmed the Brian Armstrong-led crypto trade as one in every of its high-profile sponsors in a June 9 press launch.
Further sponsors of the parade included army large Lockheed Martin, protection firm Palantir, and transport group FedEx.
Protests Erupt Amid Navy Parade
Trump largely used his remarks on the occasion to laud the U.S. army, calling it the “biggest, fiercest, and bravest combating power” globally.
“Each different nation celebrates their victories,” Trump informed attendees. “It’s about time America did too.”
Nonetheless, not everybody was as receptive to Trump’s militaristic grandstanding, with “No King” protests breaking out nationwide in opposition to the opulent parade.
At the moment, I stand with the hundreds of thousands of People making clear this nation doesn't belong to a king.
It’s a democracy, and it belongs to the folks. https://t.co/c3BlFb9dCe— Elizabeth Warren (@SenWarren) June 14, 2025
“At the moment, I stand with the hundreds of thousands of People making clear this nation doesn’t belong to a king,” Senator Elizabeth Warren (D-MA) mentioned in a June 14 assertion. “It’s a democracy, and it belongs to the folks.”
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