{"id":82876,"date":"2024-06-28T06:04:35","date_gmt":"2024-06-28T10:04:35","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=82876"},"modified":"2024-06-28T06:04:38","modified_gmt":"2024-06-28T10:04:38","slug":"jesse-powell-donates-1m-in-ether-to-trumps-campaign","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/jesse-powell-donates-1m-in-ether-to-trumps-campaign\/","title":{"rendered":"Jesse Powell Donates $1M in Ether to Trump&#8217;s Campaign"},"content":{"rendered":"\n<p>Jesse Powell, the co-founder of Kraken, disclosed on X that he donated $1 million, primarily in Ether, to Donald Trump's <a href=\"https:\/\/coinscreed.com\/staging\/trump-to-attend-bitcoin-2024-convention-in-nashville.html\">2024 presidential election<\/a> campaign.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"577\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/image-136-1024x577.png\" alt=\"Jesse Powell donates $1M in Ether to Trump's Campaign\" class=\"wp-image-82883\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/image-136-1024x577.png 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/image-136-300x169.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/image-136-768x432.png 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/image-136-750x422.png 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/image-136.png 1030w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Jesse Powell Donates $1M in Ether to Trump's Campaign<\/figcaption><\/figure>\n\n\n\n<p>Powell underscored his endorsement of Trump, the sole major party candidate currently advocating for pro-crypto policies.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cI am excited to join other leaders from our community to unite behind the only pro-crypto major party candidate in the 2024 Presidential election so the United States can continue to remain a leader in blockchain technology.\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">Powell critiques the Biden administration<\/h2>\n\n\n\n<p>Powell criticized the regulatory approach of current President Joe Biden to the crypto industry in the post.<\/p>\n\n\n\n<p>Powell accused officials such as Securities and Exchange Commission (SEC) Chair Gary Gensler and Senator Elizabeth Warren of undermining the competitiveness of the United States (U.S.).<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cFor too long, the crypto industry has been under attack by <a href=\"https:\/\/coinscreed.com\/staging\/sen-elizabeth-warren-bill-cassidy-target-crypto-use-in-csam.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Elizabeth Warren<\/a>, Gary Gensler and others.\u201d\u00a0<\/em><\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">Powell is in favor of Trump and Ulbricht<\/h2>\n\n\n\n<p>Powell maintains that the United States has the opportunity to establish itself as a leader in blockchain technology through Trump's candidacy in the forthcoming 2024 presidential election.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cI am excited to join other leaders from our community to unite behind the only pro-crypto major party candidate in the 2024 Presidential election so the United States can continue to remain a leader in blockchain technology.\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n<p>The post, which featured a photograph of Powell and Trump fortifying the alliance, also contained the hashtag #freeross, a nod to Ross Ulbricht.<\/p>\n\n\n\n<p>In 2015, Ulbricht was sentenced to life imprisonment without parole and an additional 40 years for the creation and operation of the Silk Road. This online black market enabled users to purchase products and services anonymously.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Robert F. Kennedy Jr. to Grant Ulbricht's Clemency<\/h2>\n\n\n\n<p>If elected in November, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Robert_F._Kennedy_Jr.\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Robert F. Kennedy Jr.<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>, the U.S. presidential candidate, declared in an X post on June 20 that he would release Ulbricht.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cRoss Ulbricht has been in prison far too long. Two life sentences for hosting an e-commerce platform. Yes, illegal activity took place there, but come on.\u201d\u00a0<\/em><\/p>\n<\/blockquote>\n\n\n\n<p>RFK Jr. declared that he would sign the petition to request Ulbricht's release after promising to pardon him if elected president. He also encouraged readers to do the same.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jesse Powell, the co-founder of Kraken, disclosed on X that he donated $1 million, primarily in Ether, to Donald Trump&#8217;s 2024 presidential election campaign. Powell underscored his endorsement of Trump, the sole major party candidate currently advocating for pro-crypto policies. \u201cI am excited to join other leaders from our community to unite behind the only [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":82883,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[12496,8755,1671,19232],"class_list":["post-82876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-donald-trump-2","tag-jesse-powell","tag-kraken","tag-us-presidential-elections-2024"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/image-136.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/82876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=82876"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/82876\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/82883"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=82876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=82876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=82876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}