Trump Says Crypto World Will Be âLiving In Hellâ If He Loses Election
At the Monday night launch of World Liberty Financial, his family's crypto business, Donald Trump threatened that the âcrypto worldâ would be âliving in hellâ 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 âextremely hostile.â
Trump claimed the SEC has been âunbelievably hostileâ to American crypto companies.
âIf 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,â he said.
Trump appeared live on X from Mar-a-Lago one day after surviving his second assassination attempt in two months.
âThe Secret Service knew immediately it was bullets, and they grabbed me,â 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 âcrypto capital of the planetâ 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.
âI think cryptoâs one of those things we have to do,â Trump remarked. âWe have to do it whether we like it or not.â
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.
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