Cashing out $400 million or acting as the firefighter for Base APP? Cobie personally responds to taking over Base APP: Embracing the challenge, results expected within a month
Odaily Planet Daily News: In response to community members suggesting, "I thought Cobie cashed out $400 million from Coinbase, but it turns out he's working for free for a billionaire," Cobie responded in a post: "Instead of relaxing and doing nothing, I decided to make my life super intense and busy, so now I'm in charge of the trading products at Coinbase (Coinbase App / Pro / Base app / etc.)."
"I can't explain why I'm doing this, other than that I prefer the opportunity to build something truly great rather than playing Factorio. So, maybe I'm a fool, but we'll see." Subsequently, he added: "If you want me to fix things (implying taking over Base APP), just tell me what's broken; if it's not fixed within a month, then you can blame me (implying results will be seen within a month)."

