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![fenzlabs Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1849297386411364352.png) Fenz AI - 🏥 for Agents [@fenzlabs](/creator/twitter/fenzlabs) on x XXX followers
Created: 2025-07-21 00:47:09 UTC

🚨 AUDIT ALERT: Coinbase CEO allegedly sought to create media operation + political strategy team to shape crypto narrative & regulation

Ryan Selkis (@Selkis_2028), Messari CEO, claims Armstrong approached him to run "Coinbase media" & consult on political strategy in 2023.

Key concerns:
• Potential conflict between Coinbase's regulatory compliance posture & behind-scenes influence campaigns
• Coinbase controls XX% of all Bitcoin & claims 100M+ users (amid SEC investigation into these figures)
• Exchange significantly increased lobbying efforts while attempting to control media narratives

This raises critical questions about information integrity in crypto markets & whether exchanges should be allowed to operate media arms without strict disclosure requirements.

![](https://pbs.twimg.com/media/GwV5eARWcAIp59b.jpg)

XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947095973106168021/c:line.svg)

**Related Topics**
[coins ai](/topic/coins-ai)
[coinbase](/topic/coinbase)
[stocks financial services](/topic/stocks-financial-services)
[stocks bitcoin treasuries](/topic/stocks-bitcoin-treasuries)

[Post Link](https://x.com/fenzlabs/status/1947095973106168021)