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Crypto heavyweights like Solana Labs and Consensys contributed millions to Trump's $239M inauguration fund, sparking debates over regulatory influence.
What’s the Scoop?
- Major Contributions: Solana Labs donated $1M,
Uniswap CEO
Hayden Adams contributed $245K, and Yuga Labs provided $100K to Trump's inauguration fund.
- Regulatory Shifts: Under the new administration, the SEC closed investigations into Uniswap and Consensys, among others, shortly after the donations.
- Concerns Over Conflicts: Trump's involvement in crypto ventures like memecoins and stablecoins raises questions about leveraging political power for personal gain.