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A 2024 deal gave Trump Media a major stake in Crypto.com’s token with little investment, raising ethics concerns amid regulatory favor after a $11M donation to Republicans.
A 2024 deal between Trump Media and Crypto.com, following Trump’s election victory, gave Trump Media a major stake in Crypto.com’s Cronos token with minimal investment, raising ethics concerns.
Crypto.com, previously under Biden-era regulatory scrutiny, saw its investigation dropped after donating $11 million to Republican causes and hiring a Trump-linked lobbyist.
Critics argue the timing suggests a "pay-to-play" pattern, where political support leads to regulatory favor.
Though the White House says Trump’s assets are in a trust managed by his sons, and both companies deny wrongdoing, the arrangement highlights growing unease over the blending of political power and private business interests in Trump’s second term.
Un acuerdo de 2024 le dio a Trump Media una participación importante en el token de Crypto.com con poca inversión, lo que planteó preocupaciones éticas en medio del favor regulatorio después de una donación de $ 11M a los republicanos.