Global Stock News

After Donating $35 Million to Trump PAC, Crypto.com Scores Wins From Regulators

After Donating $35 Million to Trump PAC, Crypto.com Scores Wins From Regulators

In brief

  • Crypto.com has donated $35 million over the past year to the pro-Trump super PAC, MAGA Inc.
  • Weeks after its most recent donation, the CFTC backed the company in a major lawsuit.
  • On Monday, the OCC conditionally approved Crypto.com’s application for a national banking charter.

Crypto.com ratcheted up its prolific pro-Trump spending spree in January, gifting another $5 million to a super PAC backing the president, according to new FEC filings.

That makes $35 million that the crypto exchange has donated to MAGA Inc. in the last year alone. And within weeks of the latest donation, Crypto.com was the direct beneficiary of moves from multiple agencies in Donald Trump’s administration.

Last week, the Trump CFTC opted to wade into a…

Source link

Share this article

Scroll to Top