According to a new report, 15 companies and individuals from the encryption industry donated more than $ 100,000 to the installation of President Trump, with a total of more than 85 million dollars.
Almost all of these companies seem to have received direct or indirect benefits from the Trump administration. This includes falling legal procedures, profitable commercial partnerships, participating in the Trump encryption summit, and more.
The encryption industry went at Trump’s opening
Since I promised to bring more friendly regulations in the campaign’s path, Donald Trump has attracted a reputation as a chief of encryption.
Trump’s celebrations included the opening of a “encryption ball”, and many prominent companies have made donations for these events. Today, a report gathered all the encryption contributions to more than $ 100,000, and revealed some interesting facts.
Since assuming his post, President Trump and his family are allegedly involved in prominent encryption differences, and these donations may be related to many of them.
For example, eight donors, coinbase, Crypto.comUNISWAP, Yuga LabsKraken, Ripple, Robinhood and consysysIf the investigations or lawsuits were closed against them since the start of the Trump period.
The committee may have dropped its investigation against these companies in any case because of its changing position on the application of encryption. However, it is possible that the presence in the president’s good books has helped in this process.
More alleged benefits of donors
In other words, nearly half of the companies that made donations to install Trump have witnessed their legal problems that were quickly cleared. This is not the only benefit of the organization they received.
Circle, for example, recently made public subscription after she publicly stated that Trump’s presidency made it possible. SEC’s Galaxy Digital approval to re -organize, which is a basic step to include the NASDAC menu.
Other donors, such as Crypto.com and Oondo, have received more direct financial partnerships with companies related to the Trump family.
previously, The CEO of Ripple, Brad Garlinghouse, expected at the Crypto Bull market during the Trump era. Also, XRP, Solana and Cardano are unexpectedly included in the Crypto reserve declaration in the United States.
All these three companies made large donations to install Trump.
Most of the companies concerned appear at least the noticeable benefit of these donations. Donors like Multicoin and Paradigm have received invitations to the encryption summit in Trump, while more prominent groups such as Ethereum have been avoided.
Meanwhile, many KOLS and community members have already claimed great corruption in Trump’s encryption ties.
While some allegations may lack a great evidence, the encryption space has changed dramatically under the new administration, for both good and bad.
Disintegration
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