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Pro-Crypto President-Elect Donald Trump Loses Supreme Court Bid to Skirt Sentencing

The US Supreme Court has denied President-elect Donald Trump's emergency appeal to halt his criminal sentencing in New York, allowing the hearing to proceed. The sentencing follows Trump's conviction on 34 felony counts of falsifying business records to conceal hush money payments during his 2016 campaign. The hearing will be conducted virtually and result in an "unconditional discharge," meaning Trump will avoid prison time. Despite the setback, Trump has expressed gratitude for the Supreme Court's efforts and plans to appeal, while attacking the judge as "highly political and corrupt." Trump had previously outlined ambitious plans for the crypto industry, including easing digital asset regulations and advancing blockchain innovation.

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