American businessman Gary Cardone donated 12.8 Bitcoin (BTC) to Donald Trump’s Presidential Campaign, worth over $850,000. This move underscores his commitment to Bitcoin as a symbol of freedom amid growing adoption.
Cardone’s donation, disclosed after the 2024 Bitcoin Conference, parallels similar actions by other crypto executives pushing for pro-industry regulations. He believes Trump embodies the disruptive spirit of Bitcoin.
The election run-up has seen heightened lobbying for clear crypto rules, with pro-crypto bills introduced in Congress. This shift aims to resolve the current bottleneck scenario caused by unclear regulations and frequent SEC lawsuits.
