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Trump Says US Crypto Startups 'Will Be Living in Hell' If He's Not Elected

Former President Donald Trump spoke at a launch event for his crypto project, expressing his discontent with the SEC's approach to crypto regulation under Chair Gary Gensler. Trump believes that if he is not elected, those currently under investigation and those not being scrutinized in the crypto world will face harsh circumstances. There have been surprises in recent months, such as the SEC approving Ethereum ETFs, which were previously deemed unlikely. Trump suggests that his involvement in cryptocurrency may have influenced the Biden administration's shift in tone towards the industry. Trump's Democratic rival, Kamala Harris, has not provided specifics on her approach to crypto regulation, but some industry leaders claim her team is seeking to learn more.

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