📢 The founder of the Kraken crypto exchange, Jesse Powell, made a donation of $1 million in Ethereum (ETH) to former US President Donald Trump. Powell expressed his dissatisfaction with the Biden administration's policies, which he considers "undermining US competitiveness" in the crypto market. 🇺🇸

Powell also stressed that the Biden administration has "allowed a campaign of unlimited regulation" that reduces the competitiveness of the United States compared to other major economies.

🔥 Kraken and the SEC have long been locked in a bitter battle amid a controversial regulatory framework for crypto in the US. In November 2023, the SEC filed a lawsuit against Kraken's parent companies, Payward and Payward Ventures, for allegedly operating the online trading platform illegally.

👇 What are your thoughts on this? Let's discuss in the comments!