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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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  • Republicans propose 7% leaner SEC budget compared to Biden’s era
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