Donald Trump is hosting a private fundraiser at the Bitcoin Conference 2024, offering various funding options for attendees.
According to a recent report by Bloomberg, the fundraiser in Nashville will feature special guests including the newly announced running mate J.D. Vance, Vivek Ramaswamy, and Tulsi Gabbard, with attendance limited to 100 to 150 donors.
Trump to Indicate Latest Stance on Crypto
The event coincides with Trump’s scheduled speech at the Bitcoin Conference on July 27. The report included an invitation, showing that the options vary from $844,600 for a seat at a roundtable to photo opportunities for $60,000 per person or $100,000 per couple.
The $844,600 fee for a round-table seat marks the highest allowable joint campaign donation to the Trump campaign and the Republican National Committee under current campaign finance regulations.
Republican’s Pro-Crypto Attitude
The former President is expected to demonstrate his latest stance on the crypto industry during the Conference. Trump attended a Bitcoin miners gathering in June and voiced his support for Bitcoin and opposition to the central bank digital currency (CBDC).
“Bitcoin mining may be our last line of defense against a CBDC. Biden’s hatred of Bitcoin only helps China, Russia, and the Radical Communist Left,” stated Trump in a post.
“We want all the remaining Bitcoin to be MADE IN THE USA!!! It will help us be ENERGY DOMINANT!!!” said Trump.
Matthew Schultz from CleanSpark, Jason Les and Brian Morgenstern from Riot Platforms, Salman Khan from Marathon Digital, and Amanda Fabiano of Fabiano Consulting attended the gathering.
The Republican Party has expressed a favorable attitude towards cryptocurrency. In a July 12 TV interview with Fox Business, Wyoming Senator Cynthia Lummis said maintaining Bitcoin in reserve could keep the U.S. dollar strong.
“We know we want the US dollar to remain strong,” said Lummis. “And actually having Bitcoin in reserve can help the US dollar remain strong.”

#bitcoin #btc #trump #binance #DJT

The post "Martin Shkreli Allegedly Violates Parole Terms by Creating Cryptocurrency Token" first appeared on 36crypto.com News.
A popular crypto influencer, Adam Cochran, recently tweeted that Martin Shkreli, nicknamed "Pharma Bro," violated his parole terms by creating tokens. Cochran also provided information about the terms given to Shkreli, which state that one cannot be self-employed dealing with clients' money or funds.
The fuss is caused by the Solana-based token known as DJT, short for DJ Tucker. Instead, the crypto community suggested that Erapla had affiliations with Donald Trump, specifically his son. However, the guessing ended after Shkreli took to the media, claiming ownership of the token after being presented with a bounty of $150,000 by Arkham Intelligence, who was willing to award any person who could prove they were behind the making of the token.
Shkreli had been convicted of securities fraud and conspiracy in 2017 and was sent to prison for seven years in 2018. In 2022, he got a three-year parole, and he was later moved to community confinement. Crypto analyst ZachXBT explained Shkreli's involvement in the #DJT token. The South African citizen was fired after six weeks, and the former stock trader, Steve Madden, returned to the company.
Shkreli Allegedly Violated Parole
In his post, ZachXBT explained that he took the bait offered by Arkham Intelligence, and STM's bounty had Shkreli panic in a direct message to him that he has 'over 1,000 proofs on the creation of DJT token'. After that, Shkreli opened a space on X, saying that he had issued it with the help of Barron Trump. He said this, uncertain whether the Trump family would support his testimony.
Nevertheless, Cochrn's focus on the legal consequences of Shkreli's deeds captured everyone's attention. The court barred Shkreli from being involved in any form of financial activity and, therefore, the funding source for the DJT coin, which had a reported link with Shkreli's offshore Kucoin account. Cochran said these things about Barron: "So either he went to jail for fraud, or he sought out an investment deal for Barron and then went to jail for violating his parole."
The revelation has elicited much debate among cryptograph users and the public domain. This explains that if Shkreli is found to have violated the parole conditions aimed at any business involvement after the fraud conviction, he is subject to legal repercussions.
All in all, Shkreli's creation of the DJT token raises a set of legal concerns. The case illustrates the continued watch placed on those who have committed offenses related to financial fraud and their plans for engaging in cryptocurrencies.