Kraken co-founder donated $1 million to Trump as an individual, mainly for ETH

2024-06-28 14:33:04

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ChainCatcher news, Kraken co-founder Jesse Powell stated on his social platform that he personally donated $1 million to Trump's campaign, primarily in ETH.

Powell mentioned that the crypto industry has long been under attack from figures like Elizabeth Warren and Gary Gensler. Despite bipartisan efforts in Congress to establish clear rules, the Biden administration has remained passive, allowing law enforcement to conduct unrestrained regulation. This approach is undermining the competitiveness of the United States as other major economies around the world are implementing clear regulatory rules for digital assets.

In his tweet, Powell stated, "I am pleased to unite with other leaders in our community behind the only pro-crypto major party candidate in the 2024 presidential election so that America can continue to lead in blockchain technology."

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