World · Institutional · United States ·
Gemini sent $10 million in Bitcoin to a Trump political fundraising committee
Crypto exchange Gemini donated $10 million worth of Bitcoin to a political action committee supporting Donald Trump, after filing a joint motion with the US Commodity Futures Trading Commission in an ongoing court case. A New York court is weighing whether to reverse a separate $5 million settlement between the two parties.
Why it matters for the crypto market
The donation underscores the deepening financial ties between major crypto firms and US political figures at a time when crypto regulation is being actively debated in Congress.
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