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Kraken Co-Founder Jesse Powell Donates $1M, Mostly Ether, to Donald Trump
Powell said he is supporting the only major pro-crypto party candidate.
- Kraken co-founder Jesse Powell donated $1 million to U.S. presidential candidate Donald Trump.
- Powell joins the Winklevoss twins, founders of the Gemini exchange, in helping fund his campaign.
Jesse Powell, a co-founder of the crypto exchange Kraken, said he donated $1 million to Republican presidential hopeful Donald Trump, most of which was in ether .
"I am excited to join other leaders from our community to unite behind the only pro-crypto major party candidate in the 2024 Presidential election," Powell posted on his X account.
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Trump has emerged as a pro-crypto candidate during the election campaign. Last month, he said he was accepting donations in crypto. He has called for all bitcoin to be made in the U.S. and said the nation should be a leader in the crypto field. He has yet, however, to suggest any policies for crypto. The topic did not arise during yesterday's first presidential debate against President Joe Biden, despite the crypto community's best efforts.
Powell joins other personalities in the crypto community who have been fueling Trump's campaign. Gemini exchange founders the Winklevoss twins said they had each given Trump $1 million, though some was reportedly refunded to comply with donation limits.
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Bilinmesi gerekenler:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Canadian Province Wins Forfeiture of $1M QuadrigaCX Co-Founder's Cash, Gold via Default Judgment
The ruling transfers cash, gold bars, watches, and jewelry seized from a CIBC safety deposit box and bank account into government hands after Patryn did not defend the case.
Bilinmesi gerekenler:
- The Supreme Court of British Columbia has forfeited $1 million in cash and gold tied to QuadrigaCX's co-founder, Michael Patryn, to the government.
- Patryn did not contest the forfeiture, which involved 45 gold bars, luxury watches, and over $250,000 in cash seized under an Unexplained Wealth Order.
- The forfeiture may lead to a process determining if any assets can be directed to QuadrigaCX's creditors, who received 13 cents on the dollar in the bankruptcy settlement.
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