Kraken co-founder Jesse Powell has donated $1 million, primarily in Ether, to Donald Trump's 2024 Presidential campaign. Powell supports Trump as the only major party candidate advocating for pro-crypto policies. He criticized the Biden administration's regulatory approach towards the crypto industry, accusing officials like Elizabeth Warren and SEC Chair Gary Gensler of undermining U.S. competitiveness. Powell's donation is seen as a move to rally the crypto community behind a pro-crypto candidate in the upcoming election. More details to follow as the story develops.