Crypto Firms Donate $85 Million to Trump Inauguration, SEC Investigations Drop
Fifteen firms and individuals from the crypto industry collectively donated over $85 million to President Trump’s Inauguration, with each contribution exceeding $100,000. These donations were made by prominent companies such as CoinbaseCOIN--, Crypto.com, Uniswap, Yuga Labs, Kraken, Ripple, Robinhood, and Consensys, among others. The donations were made to Trump's inaugural committee, and the committee received $50 million total from 58 companies facing federal investigations and enforcement lawsuits. This has raised concerns about the influence of money in politics and the potential for corruption.
Since promising to bring friendlier regulations on the campaign trail, Donald Trump attracted a reputation as the Crypto President. The donations were made by the CEOs of these firms, and the SEC dropped investigations into Uniswap and Consensys weeks after the donations were made. This has raised allegations of favorism and corruption, as the SEC's actions suggest that the donations may have influenced the regulatory body's decisions. The donations were made by various crypto firms, and the total amount donated by these firms was $85 million. The donations were made to Trump's inaugural committee, and the committee received $50 million total from 58 companies facing federal investigations and enforcement lawsuits. This has raised concerns about the influence of money in politics and the potential for corruption.
Almost all of these companies apparently received direct or indirect benefits from Trump’s administration. This includes dropped legal proceedings, lucrative business partnerships, participation in Trump’s Crypto Summit, and more. For example, eight of the donors, including Coinbase, Crypto.com, Uniswap, Yuga Labs, Kraken, Ripple, Robinhood, and Consensys, had SEC investigations or lawsuits against them closed since Trump’s term began. The commission might have dropped its probe against these companies anyway due to its changing stance on crypto enforcement. However, being in the President’s good books likely helped the process. The donations were made by various crypto firms, and the total amount donated by these firms was $85 million. The donations were made to Trump's inaugural committee, and the committee received $50 million total from 58 companies facing federal investigations and enforcement lawsuits. This has raised concerns about the influence of money in politics and the potential for corruption.
In other words, nearly half the firms that made donations to Trump’s Inauguration have seen their legal problems cleared up quickly. This isn’t the only regulation-related benefit they allegedly received. Circle, for example, recently made an IPO after openly stating that Trump’s Presidency made it possible. Galaxy Digital received SEC approval for a major reorganization, a key step for a NASDAQ listing. Other donors, such as Crypto.com and ONDO, got more direct financial partnerships with businesses associated with the Trump family. The donations were made by various crypto firms, and the total amount donated by these firms was $85 million. The donations were made to Trump's inaugural committee, and the committee received $50 million total from 58 companies facing federal investigations and enforcement lawsuits. This has raised concerns about the influence of money in politics and the potential for corruption.
Previously, Ripple’s CEO, Brad Garlinghouse, anticipated a crypto bull market under Trump. Also, XRP, Solana, and Cardano were all unexpectedly included in the US Crypto Reserve announcement. All three of these companies made major donations to Trump’s Inauguration. It seems that most of the firms involved got at least some sort of noticeable benefit from these donations. Donors like Multicoin and Paradigm received invitations to Trump’s Crypto Summit, while much more prominent groups like the Ethereum Foundation got snubbed. The donations were made by various crypto firms, and the total amount donated by these firms was $85 million. The donations were made to Trump's inaugural committee, and the committee received $50 million total from 58 companies facing federal investigations and enforcement lawsuits. This has raised concerns about the influence of money in politics and the potential for corruption.
While some allegations might lack substantial proof, the crypto space has changed dramatically under the new administration, for both good and bad. The donations were made by various crypto firms, and the total amount donated by these firms was $85 million. The donations were made to Trump's inaugural committee, and the committee received $50 million total from 58 companies facing federal investigations and enforcement lawsuits. This has raised concerns about the influence of money in politics and the potential for corruption. The donations were made by various crypto firms, and the total amount donated by these firms was $85 million. The donations were made to Trump's inaugural committee, and the committee received $50 million total from 58 companies facing federal investigations and enforcement lawsuits. This has raised concerns about the influence of money in politics and the potential for corruption. The donations were made by various crypto firms, and the total amount donated by these firms was $85 million. The donations were made to Trump's inaugural committee, and the committee received $50 million total from 58 companies facing federal investigations and enforcement lawsuits. This has raised concerns about the influence of money in politics and the potential for corruption. 
Quickly understand the history and background of various well-known coins
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments
No comments yet