YEREVAN (CoinChapter.com) — Jesse Powell, co-founder of Kraken, has made a big donation to Donald Trump’s 2024 presidential marketing campaign. He introduced on X that he contributed $1 million, principally in Ether. Powell helps Trump as the one main social gathering candidate advocating for pro-crypto insurance policies. He acknowledged,
“I am excited to join other leaders from our community to unite behind the only pro-crypto major party candidate in the 2024 Presidential election so the United States can continue to remain a leader in blockchain technology.”
Powell Criticizes Biden’s Crypto Insurance policies
Powell criticized President Joe Biden’s method to cryptocurrency regulation. He particularly talked about Senator Elizabeth Warren and SEC Chair Gary Gensler, accusing them of harming U.S. competitiveness within the crypto market.
“For too long, the crypto industry has been under attack by Elizabeth Warren, Gary Gensler, and others,”
Powell acknowledged.
The crypto neighborhood has responded to Powell’s donation with varied opinions. Rudy De La Cruz, common and strategic accomplice at BasedVC, famous that crypto entrepreneurs supporting pro-crypto candidates is anticipated. He mentioned,
“According to a Grayscale survey, this is an issue of concern among Americans, though voters are split […] organizations and wealthy crypto entrepreneurs supporting candidates who are friendly to the crypto industry is not that surprising.”
Crypto Leaders Again Trump with Main Donations
Powell is amongst a number of outstanding figures within the crypto neighborhood supporting Trump’s marketing campaign. The Winklevoss twins, founders of the Gemini trade, introduced that they every donated $1 million to Trump. Nevertheless, a few of their contributions had been reportedly refunded to adjust to authorized donation limits.
Trump’s marketing campaign has accepted cryptocurrency donations, interesting to the crypto neighborhood.
#FreeRoss: Powell’s Help for Ross Ulbricht
Powell’s submit included the hashtag #freeross, displaying assist for Ross Ulbricht, creator of the Silk Street on-line market, who’s serving a life sentence with out parole plus 40 years. U.S. presidential candidate Robert F. Kennedy Jr. additionally expressed assist for Ulbricht. On June 20, Kennedy Jr. posted on X, promising to pardon Ulbricht if elected.
“Ross Ulbricht has been in prison far too long. Two life sentences for hosting an e-commerce platform. Yes, illegal activity took place there, but come on,”
Kennedy Jr. mentioned. He additionally talked about his plan to signal a petition for Ulbricht’s launch and inspired others to do the identical.
