Brian Armstrong claims numerous charities do more harm than good
Coinbase CEO Brian Armstrong has suggested that a significant number of charitable organizations and philanthropic groups actually have a "net negative" impact on the globe. Armstrong, who noted he has no interest in establishing his own foundation, explained that it is "remarkably hard to find a foundation that has not gotten captured by ideology." Elon Musk, the world's wealthiest individual, backed Armstrong's perspective by stating, "He's right."