President Donald Trump had the most luxurious opening week in history, thanks to a record number of $ 239 million in donations from supporters and executives, according to Sunday. presentation With the Federal Electoral Committee. A large part of the encryption industry, which was one of the most supportive supporters of Trump: gave the encryption companies with $ 18 million of opening donations to the President 47. Among the other senior donors are oil companies like Exxon MobilLike large technology companies GoogleAnd Lobby For the American Vaping Industry.
Ripple Labs, who fought the Securities and Stock Exchange Committee in a long -term court case, led the package by about $ 4.9 million. Ripple donated was the second largest than all donors. Pilgrim’s, one of the largest poultry producers in the world, gave more than $ 5 million donation.
Robinhood donated online mediation to make a large percentage of its revenue from the encryption trade, two million dollars. Other adult donors include some higher names in the industry, including exchanges CoinbaseKraken and Crypto.com. Source Source Circle, which recently foot For the General Paradigm Paradigm, the investment capital, which he witnessed Assets under management It rises to its highest levels in 2024, she also donated a million dollars each.
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While many encryption companies have already revealed their donations to Trump’s inauguration, the Sunday file clarifies the full range of the industry by overwhelming the president with criticism.
During the era of former President Joe Biden, the Securities and Stock Exchange Commission led a large -scale campaign in the encryption industry because it claimed that the majority of encrypted currencies are securities, or financial assets such as stocks and bonds that must adhere to strict disclosure systems. In the face of a lawsuit after the lawsuit, the executives of the encryption gathered an unprecedented war and spent more than 130 million dollars For the impact of Congress elections and the election of pro -captain candidates.
CEOs for encryption gathered around Trump, who described himself as “a pro -captain president.” Tyler and Cameroon Winkelvos, authors from Crypto Exchang Gueini, pledge One million dollars each for the Trump re -election campaign. And the founder Kraken and President Jesse Powell as well Donate One million dollars.
After returning to the White House, Trump entered a friend of encryption. Relax of artificial intelligence and Crypto CZAR, put it in the creation of Bitcoin and Digital Assets, and supervised the occurrence of the units of the Crypto in The Justice Contracts Trading Committeethe secondand Ministry of Justice.
The Supreme Education Council has rejected the lawsuit since then the submitted or a threat against the donors of the Trump inauguration fund, including Coinbaseand Crypto.comand Underpand Yuga Labsand CornerAnd ripple.
This story was originally shown on Fortune.com
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