On Friday, Coinbase CEO Brian Armstrong responded to an online petition that purportedly came from one or more Coinbase (COIN) workers. The petition called for the resignations of CPO Surojit Chatterjee, COO Emilie Choi, and Chief People Officer L.J. Brock.

Armstrong asked, "Why are you still working for that company if you don't trust the CEOs and execs?" Quit and look for a company that you believe in.

Armstrong further stated that revealing company laundry publically is unprofessional and stupid. Armstrong added, "If you are caught, you will be fired."

Although it is not confirmed that the petition was sent from Coinbase, Armstrong's reply suggests so.

Coinbase responded to reporters' query by saying, "We don't have anything to offer beyond Brian's tweets."

The petition highlighted the problems with Coinbase's non-fungible token (NFT), initiatives such as the Dot Collector, the performance review system, and the failure to implement the Dot Collector. 

This has led to toxic workplace culture and the recent revocation of job offers for new employees.

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Armstrong's final words were: "In any downmarket, people want to point fingers and find someone to blame.

Recognize the mental trap and avoid falling into it. Teams must work together during difficult times and not be adversaries.