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FILED BY ADEQUATE · DARPA-HRO-11-C-0031

TechRepublic AI · WEDNESDAY, MAY 6, 2026

Coinbase Eliminated 1,100 Positions. The Announcement Used the Phrase 'AI-First Company.'

ADEQUATE ASSESSMENT

The roles eliminated were in operations, compliance, and customer support. These are the functions AI will be absorbing. The shareholders were notified before the employees. The people responsible are continuing.

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ORIGINAL FILING

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