Trump Says Crypto World Will Be ‘Living In Hell’ If He Loses Election
At the Monday night launch of World Liberty Financial, his family's crypto business, Donald Trump threatened that the “crypto world” would be “living in hell” if he lost to Kamala Harris in 2024.
Trump Discusses World Liberty Financial, Crypto
The former president called the SEC's regulation-by-enforcement approach to digital assets “extremely hostile.”
Trump claimed the SEC has been “unbelievably hostile” to American crypto companies.
“If bad, bad things happen and we don't win the election, those people that were under investigation and are free as a bird right now, people that were being looked at in the crypto world, they will be living in hell the day after the election if they win,” he said.
Trump appeared live on X from Mar-a-Lago one day after surviving his second assassination attempt in two months.
“The Secret Service knew immediately it was bullets, and they grabbed me,” he told listeners Monday.
In the lead-up to the November 2024 election, Trump and Harris are holding divisive political arguments that might affect the blockchain business.
Trump supported cryptocurrencies and pledged to make the U.S. the “crypto capital of the planet” if elected.
Will Kamala Harris Reveal Her Crypto Plans?
His sons Donald Jr. and Eric's crypto initiative, World Liberty Financial, may increase his links to the industry.
“I think crypto’s one of those things we have to do,” Trump remarked. “We have to do it whether we like it or not.”
Despite her campaign website's political stances, Kamala Harris has not yet announced digital asset intentions.
Crypto proponents worry that her tight links to the SEC-friendly Biden administration might hurt her relationship with the sector.
However, new indications indicate she may be more crypto-friendly than her predecessor.
