Donald Trump Says Crypto World Will Be ‘Living In Hell’ If He Loses Election
Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.
Speaking at the Monday night launch of World Liberty Financial, his family’s crypto platform, Donald Trump warned that the “crypto world” would be “living in hell” should he lose the 2024 presidential election to Kamala Harris.
The former U.S. president took aim at the United States Securities and Exchange Commission’s (SEC) regulation-by-enforcement approach to the digital asset sector, calling the federal agency’s strategy “extremely hostile.”
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“The SEC’s been unbelievably hostile,” Trump said, referring to the commission’s treatment of American crypto entrepreneurs.
“If for some reason bad, bad things happen and we don’t win the election, those people that were under investigation and that are free as a bird right now, people that were being looked at in the crypto world, they will be living in hell because it will start the day after the election if they win,” he said.
Speaking live on X from his Mar-a-Lago mansion, Trump addressed listeners just one day after reportedly surviving his second assassination attempt in two months.
“The Secret Service knew immediately it was bullets, and they grabbed me,” he told listeners on Monday.
His comments come at a critical time for both the political and crypto landscapes as Trump and Harris lead polarizing political debates ahead of the November 2024 election, which could substantially impact the blockchain industry.
While campaigning, Trump has voiced strong
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