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Trump and Harris held a campaign event in Pennsylvania on Monday to seek voter support

ChainCatcher news, Republican presidential candidate Trump and his Democratic rival Harris held campaign events in Pennsylvania on Monday, both trying to win the support of voters in this key battleground state.Trump promised to eliminate the Social Security payroll tax and ease regulations on the energy and residential construction industries to appeal to suburban women and independent voters in Philadelphia. He believes that doing so can increase homeownership rates by lowering inflation and interest rates. Trump said, "You have been eaten alive by inflation, and all I am doing is restoring balance to you."Harris, on the other hand, hopes to boost her support among Black male voters by visiting Illinois, where she toured a local record and coffee shop to discuss small business ownership. Harris proposed tax breaks of up to $50,000 for newly established small businesses. Before the event, Harris put forward several measures, including a new program to provide $1 million in loans for entrepreneurs facing financing barriers, with a maximum forgiveness of $20,000 for Black entrepreneurs and others.On Monday, Harris also pledged to support a regulatory framework for cryptocurrency, provide more support for the 20% of Black Americans who own or have owned digital assets, and work with lawmakers to legalize recreational marijuana, ensuring that Black individuals can participate in the expanding cannabis industry. Other proposals include establishing training and mentorship programs to help Black men secure high-paying jobs. (Bloomberg)

FTX former executive Ryan Salame's partner Michelle Bond denies campaign finance violation allegations

ChainCatcher news, FTX's former co-CEO Ryan Salame's partner Michelle Bond pleaded not guilty to four counts of campaign finance violations in the U.S. District Court for the Southern District of New York. These charges include conspiracy to cause illegal campaign contributions, causing and accepting excessive campaign contributions, causing and accepting illegal corporate contributions, and causing and accepting intermediary contributions.The charges stem from Bond's alleged concealment of funding sources during her 2022 campaign for a Republican seat in the U.S. House of Representatives. It is alleged that Salame arranged for FTX to pay $400,000 to fund her campaign, while Bond is accused of making false statements to the Federal Election Commission (FEC) and congressional committees. Notably, Salame had previously pleaded guilty and was sentenced to 90 months in prison, but after Bond was indicted, he requested the court to withdraw his plea, claiming it was based on a promise from prosecutors not to investigate his partner. Judge Lewis Kaplan stated he would consider whether to withdraw Salame's plea.Currently, Bond remains free on a $1 million bail but is restricted to travel within the continental United States. Judge George Daniels has scheduled a pretrial conference for January 2025. In the criminal cases against FTX and Alameda Research, as of September 18, only Salame and SBF have been sentenced to imprisonment. Sentencing hearings for other implicated executives will take place in the coming months.
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