Mark Cuban Says 'Just Sell Em Memecoins' To Brian Armstrong After Coinbase CEO Demands Reforms Of Investo

Billionaire investor Mark Cuban took a "memecoin" swipe at Brian Armstrong on Monday, in response to Coinbase Global Inc.

(NASDAQ:COIN) CEO's call to revisit accredited investor rules in the U.S.

Armstrong Bats For Retail Investors Amid IPO Wave Armstrong said on X that current rules unfairly restrict "retail investors" from early-stage private deals, forcing them to wait until IPOs, when much of the upside has already been captured.

"These rules were created with the best of intentions, to protect regular people from scams – a noble idea," he added.

"Unfortunately, in practice, they've often made it illegal to get richer, unless you're already rich." His remarks follow the blockbuster stock market debut of Space Exploration Technologies Corp.