Jesse Powell, co-founder of Kraken, introduced on X that he has personally donated $1 million, largely in airtime, to Donald Trump’s 2024 presidential marketing campaign.
Powell emphasised his assist for Trump as the one major-party candidate at the moment advocating for a pro-crypto coverage.
“I am excited to hitch different leaders in our neighborhood to rally round the one major-party, pro-crypto candidate for the 2024 presidential election in order that america can proceed to be a frontrunner in blockchain expertise.”
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Powell criticizes the Biden administration
In his submit, Powell criticized present President Joe Biden’s administration’s regulatory method to the crypto trade.
Powell accuses officers similar to Elizabeth Warren and Securities and Change Fee (SEC) Chairman Gary Gensler of lowering the competitiveness of america (US).
“For too lengthy, the crypto trade has been beneath assault from Elizabeth Warren, Gary Gensler and others.”
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Powell: For Trump, for Ulbricht
Powell believes that Trump’s candidacy within the upcoming 2024 presidential election presents an opportunity for the US to develop into a frontrunner in blockchain expertise.
“I am excited to hitch different leaders in our neighborhood to rally round the one major-party, pro-crypto candidate for the 2024 presidential election in order that america can proceed to be a frontrunner in blockchain expertise.”
The submit, which included a photograph of Powell and Trump cementing their alliance, additionally included the hashtag #freeross, a reference to Ross Ulbricht.
Ulbricht was sentenced to life in jail with out parole plus 40 years in 2015 for creating and working Silk Street, a web-based black market used to purchase items and providers anonymously.
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RFK Jr. pardoned Ulbricht if elected
On June 20, US presidential candidate Robert F. Kennedy (RFK) Jr. introduced in an X message that he would launch Ulbricht if elected in November.
“Ross Ulbricht has been in jail for too lengthy. Two life sentences for internet hosting an e-commerce platform. Sure, there was criminality happening there, however come on.’
After promising to pardon Ulbricht if he turned president, RFK Jr. stated he would signal a petition for his launch and urged readers to do the identical.
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