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Trump Raises $4M in Crypto for Re-Election Campaign
1. Massive Crypto Donations:
Donald Trump has garnered over $4 million in cryptocurrency for his re-election bid.
2. Prominent Supporters:
Cameron and Tyler Winklevoss (Gemini co-founders) donated 15.47 BTC each, worth about $1 million.
Kraken CEO Jesse Powell contributed nearly $1 million in Ethereum.
Ripple CLO Stuart Alderoty gave $300,000 in XRP.
Former Messari CEO Ryan Selkis donated $50,000 in USDC.
3. Regulatory and Political Stance:
Donors are dissatisfied with current U.S. crypto regulations and support Trump’s stance on crypto.
Powell specifically criticized Senator Elizabeth Warren and SEC Chairman Gary Gensler.
4. Campaign Financials:
The "Trump 47" joint fundraising committee raised approximately $120 million from April to June 2024.
Donations included BTC, ETH, XRP, USDC, and meme coins.
5. Upcoming Engagement:
Trump is set to speak at the Bitcoin Conference, highlighting his connection with the crypto community.
Focus:
Trump's campaign has received substantial cryptocurrency donations from key industry figures, reflecting strong support for his potential pro-crypto policies amidst ongoing regulatory scrutiny.
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