Jeff Roberts, staff writer at Fortune and author of the recent Audible book, “Kings of Crypto: Coinbase and the Coming Disruption of Finance,” discusses Coinbase’s past, present and future. In this episode, we cover: 

  • when Coinbase duped Apple with its app and eventually got kicked out of the App Store
  • when Coinbase’s hot wallet got hacked
  • how CEO Brian Armstrong handled challenges like the Bitcoin block size debate and an IRS summons on all its customers’ activities for years
  • how it handled the competition from Binance
  • why that led to “screaming in the board room” 
  • the “complete mercenary” and “brilliant asshole” who tore the leadership ranks apart and led to a number of departures by top execs
  • why Brian and JPMorgan CEO Jamie Dimon met privately
  • where Coinbase goes from here

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Episode links: 

Jeff Roberts:

Kings of Crypto on Audible:

Harvard Business Review edition:

Jeff’s interview with Coinbase cofounder Fred Ehrsam at Consensus: Distributed: 

JPMorgan banks Coinbase:

Brian Brooks becoming acting comptroller of the Office of the Currency:

Coinbase going remote-first:

Links from news recap: