News Explorer — Kraken's Jesse Powell Donates $1 Million in Crypto to Trump Campaign

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Jun 28, 12:56 pm

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Kraken's Jesse Powell Donates $1 Million in Crypto to Trump Campaign

Kraken co-founder Jesse Powell has made a $1 million donation to Donald Trump's election campaign, exceeding the legal limit for a single-person donation. Powell claims that the donation was mostly made up of ether and there is a possibility that a portion of it could be refunded. The Securities and Exchange Commission (SEC) previously accused Kraken of operating an unregistered securities exchange.

Kraken co-founder Jesse Powell has made a $1 million donation to Donald Trump's election campaign, exceeding the legal limit for a single-person donation. Powell claims that the donation was mostly made up of ether and there is a possibility that a portion of it could be refunded. The Securities and Exchange Commission (SEC) previously accused Kraken of operating an unregistered securities exchange.

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