Coinbase CEO Brian Armstrong faces political risk as Democrats eye midterm sweep

Prediction markets favor a Democratic Congress, which could bring hearings and scrutiny for an industry that spent heavily to keep Washington friendly Brian Armstrong spent the last election cycle helping build one of the most aggressive political operations in American business. Now the Coinbase CEO is watching the scoreboard heading into the final whistle, and the odds are not leaning his way. Axios named Armstrong among six executives with the most riding on Tuesday’s midterm results.