Hedge fund Elliott warns White House is inflating crypto bubble that ‘could wreak havoc’
Elliott’s criticism of the White House’s stance on crypto comes despite the fact that the firm’s founder, Paul Singer, is a longtime Republican donor who donated $56mn to conservative candidates in the 2024 election cycle, according to website OpenSecrets.
Trump, meme coin and cryptocurrency
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Many of the executive actions related to bitcoin and crypto were wish-list items the industry has been pushing for.
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