🚨 Is Crypto-Corruption? Legislators Accuse Trump of Favoring the Crypto Industry
💥 A strong controversy erupted in the U.S. Congress during a joint hearing on digital assets. Democratic legislators, led by Representative Maxine Waters, abruptly left the session in protest, accusing Republicans of ignoring potential conflicts of interest linked to former President Donald Trump and his relationships with influential figures in the crypto sector.
💰 Waters pointed out that Trump has received significant donations from prominent figures in the crypto ecosystem, including Jesse Powell, co-founder of the Kraken exchange, and the Winklevoss twins, creators of Gemini. The congresswoman accused the former president of receiving "tens of millions of dollars" in financial support in exchange for favorable political promises for the industry.
⚖️ Meanwhile, Republicans continued the session as an unofficial "roundtable," assuring that the hearing aimed to explore the benefits and challenges of the digital asset ecosystem. However, the controversy highlights how politics and cryptocurrencies are becoming increasingly intertwined, and how economic interests can influence sector regulation.
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