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Crypto campaign donations are democracy at work — former Kraken exec

cryptoweekly by cryptoweekly
March 20, 2025
in bitcoin, News
0

US President Donald President Trump won every swing state in the 2024 election with heavy support from the cryptocurrency industry.

Marco Santori, former chief legal officer at crypto exchange Kraken, praised the political campaign donations made by industry firms during the 2024 election as “democracy at work.”

In an exclusive interview with Cointelegraph, the former Kraken executive argued that crypto voters tilted the election in favor of then-candidate Donald Trump and the Republican Party.

The executive also said that the donations from crypto firms, many of which are now having regulatory lawsuits dismissed, do not represent conflicts of interest. Santori told Cointelegraph:

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  • Legacy finance discovers stablecoins as JPMorgan, Citigroup consider market entry
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  • Bitcoin dips as June CPI confirms sticky inflation trend: Are BTC dips for buying?
  • Crypto-backed group gathers $141M funding to influence US elections
  • Bitcoin profit taking sets traders’ buy target at $113K: Will a rally to new highs follow?
  • Bitcoin bear Vanguard is now the largest shareholder of Strategy
  • ETH news update: Bulls target $3.4K, citing ETF flows and treasury buying as the fuel

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