Tag: cryptocurrency

RNC’s Embrace of Trump Platform Signals Shift in GOP as Old Guard Fades in Influence

Just the News
Donald Trump at a rally event

Whereas Donald Trump as the 2016 Republican presidential nominee battled the GOP establishment over changing the party’s direction and in 2020 faced substantive internal resistance during his reelection bid, he now appears as the 2024 nominee to have won control of a party apparatus willing to embrace his policy platform and earnestly support his efforts.

The Republican National Committee on Monday formally adopted Trump’s 2024 party platform, which focused heavily on economy and border security issues. While both issues have been topline issues for Trump throughout his political career, the platform’s inclusion of other provisions highlighted the extent to which his own agenda had inserted itself into the party.

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Silicon Valley Tech Moguls Flock to Trump’s Banner

South Carolina Sun Staff
David Sacks and Chamath Palihapitiya (composite image)

Big names in the cryptocurrency and venture capital worlds, some of whom are former Democratic donors, are throwing their support behind former President Donald Trump.

Venture capitalists David Sacks and Chamath Palihapitiya organized a high-dollar fundraiser for the former president Thursday night in San Francisco, raising $12 million for the Trump 47 Joint Fundraising Committee at a sold-out fundraiser where tickets cost up to $500,000 per couple. Coinbase Chief Legal Officer Paul Grewal, prolific tech investor Shervin Pishevar as well as Cameron and Tyler Winklevoss, famous for their dispute with Mark Zuckerberg over the founding of Facebook, all attended the event, a source familiar with the fundraiser told the Daily Caller News Foundation

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Trump Vows to Fight Central Bank Digital Currency, Keep Crypto Independent

Just the News

Former President Donald Trump is vowing to fight any effort to create a central bank digital currency in the United States, saying the “right of self custody” is the key to the future of America’s cryptocurrency.

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Dem Megadonor Sam Bankman-Fried Sentenced to 25 Years in Prison

South Carolina Sun Staff
Sam Bankman-Fried in courtroom (composite image)

Convicted cryptocurrency fraudster Sam Bankman-Fried on Thursday received a prison sentence of 25 years.

A jury found Bankman-Fried guilty on seven counts of fraud and conspiracy-related charges in November and the New York probation department’s sentence recommendation was 100 years in prison, according to a February court filing pleading for a lighter sentence. Bankman-Fried’s lawyer had asked for a 60-78 month sentence, citing the convicted fraudster’s philanthropic ventures and Autism Spectrum Disorder (ASD).

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