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U.S. crypto firms’ push for deregulation and political contributions raises ‘red flags’: Report – TON BOT

U.S. crypto firms’ push for deregulation and political contributions raises ‘red flags’: Report

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U.S. crypto firms heavily supported Trump’s reelection with $144 million in contributions, raising concerns about unchecked political spending. Coinbase and Ripple were top donors. All three exchanges faced SEC scrutiny. Ripple won a court battle, while Gemini resolved its case. Trump’s administration had conflicts of interest, raising ethical concerns. Regulatory backlash and industry instability are risks of opaque political contributions. The future of crypto legitimacy depends on transparency and accountability.

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