Former President Donald Trump has amassed over $4 million in crypto donations, primarily in Bitcoin, as revealed by CNBC. Trump’s campaign has drawn substantial funds from Bitcoin, Ethereum, Ripple (XRP), and USD Circle.
Tyler and Cameron Winklevoss Lead Bitcoin Contributions
A Federal Election Commission filing highlighted that the “Trump 47” joint fundraising committee raised over $118 million between April 1 and June 30, with notable Bitcoin contributions totalling $2.15 million from 19 donors. Among the top contributors, Tyler and Cameron Winklevoss donated 15.57 Bitcoins each, exceeding the $844,600 limit, resulting in partial refunds. BitGo CEO Mike Belshe also contributed $50,000 in Bitcoin.
Trump campaign aide Brian Hughes confirmed that Bitcoin constituted most of the $4 million raised in crypto. Hughes criticized the Biden-Harris Administration for stifling innovation with regulations and taxes, contrasting it with Trump’s support for American leadership in emerging technologies.
Kamala Harris May Be More Open to Crypto: Mark Cuban
In an interview with Politico, billionaire Mark Cuban suggested that Vice President Kamala Harris might adopt a more business-friendly approach, including towards AI and crypto, indicating potential policy shifts under her leadership.
