Kraken co-founder Jesse Powell donates $1M in Ethereum to Donald Trump’s 2024 campaign, citing pro-crypto policies and regulatory concerns.
Jesse Powell, the co-founder of Kraken, has announced on X that he has personally donated $1 million, mostly in Ether, to Donald Trump's 2024 Presidential campaign.
“I 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.” Powell believes that Trump’s candidacy in the upcoming 2024 Presidential election offers a chance for the U.S. to lead in blockchain technology.
The post, which included a photo of Powell and Trump reinforcing the alliance, also included the hashtag #freeross, a reference to Ross Ulbricht.
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