On his day off from his hush-money trial, Donald Trump criticizes Joe Biden’s crypto expertise and promotes mugshot NFTs

Anjali Jain
On his day off from his hush-money trial, Donald Trump criticizes Joe Biden's crypto expertise and promotes mugshot NFTs.
  • According to Axios, Donald Trump spent his day off from court attending a supporters’ dinner at Mar-a-Lago.
  • Supporters who had acquired NFTs from his “Mugshot Edition” collection were welcomed by the former president.
  • At the event, Trump was captured on camera asserting that Joe Biden “has no idea” what cryptocurrency is.

It appears that the majority of Donald Trump’s day off from the ongoing Stormy Daniels hush-money trial was spent endorsing cryptocurrencies, criticizing Joe Biden’s policies on digital assets, and dining with supporters who spent thousands of dollars on non-fungible tokens of his photograph.
On Wednesday, Axios reported that Trump had made arrangements to host a banquet at Mar-a-Lago for his supporters that evening.

The event’s eligibility requirements stated that attendees had purchased a minimum of 47 NFTs from the “Mugshot Edition” collection, as per an invitation copy examined by the publication. Each photograph NFT is priced at $99 USD.

Wednesday night, crypto luminary Frank Degods uploaded a video of the event in which Trump criticized the Biden administration’s track record in regulating the asset class while pledging to accept crypto donations.
The former president is seen in one X post stating, “Can cryptocurrency be used to donate to the Trump campaign? “I am convinced that the answer is affirmative.”

In another clip, he tells supporters, “If you were to ask Biden, ‘Sir, are you for or against crypto?’ He would respond, ‘Get me off the stage!’ He has no idea.'” The chairman of the Securities and Exchange Commission, Gary “Gensler is very much against it, the Democrats are very much against it.”

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“I have no problem with that,” Trump further stated. “I want to make sure it’s good and solid and everything else, but I’m good with it … if you’re in favor of crypto, you’d better vote for Trump.”
As the current director of the SEC since 2021, Gensler has filed litigation against leading brokerages, exchanges, and trading firms in an aggressive posture toward cryptocurrencies.

Biden announced on Wednesday that he would veto a measure that sought to invalidate an SEC resolution providing accounting guidance for cryptocurrencies.
Trump seems to have undergone a U-turn on cryptocurrencies during the 2024 election cycle, as he previously referred to large-cap token bitcoin as “a scam against the dollar” in 2021.

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Hello, I'm Anjali Jain, a passionate writer navigating the dynamic realms of entertainment, politics, and technology. My blog serves as a digital canvas where I explore the intricate threads that weave together these diverse spheres, offering readers a comprehensive and engaging perspective. Entertainment Aficionado: As an avid consumer of all things entertainment, I delve into the worlds of movies, television, music, and more. Through my blog, I share insightful analyses, reviews, and behind-the-scenes glimpses into the ever-evolving landscape of pop culture. Political Explorer: I'm not one to shy away from the complexities of the political arena. From local issues to global affairs, my writings aim to unravel the intricacies of political events, fostering meaningful conversations about the societal impact of policy decisions. Tech Enthusiast: With an insatiable curiosity for technology, I keep my readers abreast of the latest innovations and trends in the tech world. My articles break down complex concepts, making technology accessible and exploring its profound influence on our daily lives. Narrative Architect: Through my writing, I craft narratives that bridge the gap between entertainment, politics, and technology. Each blog post is a journey, offering readers a thought-provoking exploration of the forces shaping our world. Join me in unraveling the stories that define our culture. Connect with me on Facebook, Instagram and X for real-time updates, discussions, and a shared passion for the fascinating intersection of entertainment, politics, and tech.

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