Crypto exchange Gemini sent $10 million in Bitcoin to a political action committee supporting Donald Trump. This donation occurred while a New York court reviews a proposed $5 million settlement between Gemini and the CFTC.
Cryptocurrency exchange Gemini recently sent $10 million in Bitcoin to a political action committee supporting Donald Trump. This significant donation comes as a New York court is deciding whether to approve a previous $5 million settlement. The settlement was proposed between Gemini and the U.S. Commodity Futures Trading Commission (CFTC), a key financial regulator. This court review could impact the terms of the agreement and Gemini's future operations. The Bitcoin funds are now available to support Donald Trump's political activities.
