Wu said that Zcash founder Zooko posted a criticism of the Coinbase App for pushing sports betting and Bitcoin price-related gambling content to a young, financially weak, and inexperienced user, saying it made him ashamed of the industry.


Coinbase CEO Brian Armstrong responded that adults should have the right to decide how to use their funds, but high-risk products should not be aggressively promoted to non-mature users.
He stated that platforms should distinguish between "making products available" and "promoting them as key content in the app," and risks can be reduced through clear disclosures, AI financial literacy tools, personalized experiences, and user preference settings.
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