Kraken co-founder Jesse Powell personally donated $1 million, mostly in Ether, to Donald Trump's 2024 re-election campaign. 😮 Powell emphasized his support for Trump as the only major party candidate currently advocating pro-cryptocurrency policies.

He criticizes the Joe Biden administration's current approach to regulating the crypto industry and blames officials like Elizabeth Warren and SEC Chairman Gary Gensler for reducing U.S. competitiveness.

“For too long, the crypto industry has been under attack from Elizabeth Warren, Gary Gensler and others.”

This is a developing story and more information will be added as it becomes available.