In January 2025, the crypto industry paid massive donations to the Trump inauguration fund. A month later, the SEC miraculously abandoned its prosecution against these same donors. Coincidence or coinated political influence? The border between financial support and regulatory favoritism has never seemed so vague.
In short
- Consensys, Solana and the CEO of United -UNISWAP have paid significant sums to the Trump inauguration Fund.
- The SEC abandoned its prosecution against these companies shortly after their contribution.
- A total of $ 239 million was collected by the inauguration fund between November and April.
- Other giants such as McDonald's, Meta and Apple also participated in donations.
Massive donations from crypto industry after the election of Trump
On April 20, 2025, the Federal Electoral Commission (FEC) made public documents revealing the magnitude of contributions to the Trump-Vance inauguration committee.
Hayden Adams, CEO of Uniswap, personally paid $ 245,000 last January. Solana Labs contributed up to a million dollars, while the Consensys software publisher has donated $ 100,000.
These contributions are added to those of other major players in the sector such as Coinbase, Ripple Labs, Kraken and Robinhood, who had already expressed their financial support to Trump.
Crypto industry thus seems to have mobilized to support the new American president, perceived as more favorable to their sector.
THE inauguration fund has also received significant contributions from companies outside the crypto world, including McDonald's, Meta, Apple, Delta Air Lines and Nvidia, bringing the total of net donations to $ 239 million between November and April.
A rapid abandonment of proceedings against donors
Since the entry into office of Trump on January 20 and the appointment of Mark Uyeda at the head of the Securities and Exchange Commission (SEC), the agency has abandoned many surveys aimed at Crypto companies, particularly those that contributed to the inauguration fund.
In February, just a month after donations, Uniswap announced that the SEC had abandoned its investigation. Likewise, Consensys benefited from the judgment of a legal action carried out by the agency. Ripple, Kraken, Robinhood Crypto and Coinbase, who collectively paid $ 9 million to the inauguration fund, also saw their abandoned procedures.
This sequence raises questions about potential conflicts of interest, especially since the Trump family is involved in several projects related to cryptos.
The president notably launched his own same on the Solana blockchain on January 17, while his family created World Liberty Financial, a company issuing a stablecoin indexed to the US dollar.
These developments are involved at a critical moment when American legislators are considering new regulations to supervise blockchain technologies, placing the Trump administration at the heart of considerable financial and ethical issues.
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