Trump’s Corporate Clemency Spree
Inaugural donors and companies linked to president's associates have seen federal enforcement cases against them dropped since Trump took office.
Inaugural donors and companies linked to president's associates have seen federal enforcement cases against them dropped since Trump took office.
The decision hands a win to Coinbase, a Trump inauguration donor, ending a case that the crypto company was operating an unregistered securities exchange.
A watchdog group says that Trump’s crypto token enables anyone to “effectively bribe the president.”
The next Congress, dubbed “the most crypto-friendly Congress ever” after massive election spending by the industry, will have a crypto-savvy Arkansas Republican atop a key committee.
Crypto industry super PACs have now poured $120 million into 2024 elections, backing a blend of Republicans and Democrats in key races.
The cryptocurrency exchange is expected to be a major beneficiary if the Security and Exchange Commission approves pending applications for Ether ETFs.
The donations are on top of the approximately $25 million the company has recently donated to pro-crypto super PACs.