According to ChainCatcher, citing a report by FinanceFeeds, Gemini and Foris Dax, the parent company of Crypto.com, recently donated a total of $21 million to MAGA Inc., a pro-Trump super PAC. Gemini contributed $1.5 million in USDC, while Foris Dax made two cash donations of $10 million each.
Gemini and Crypto.com Parent Company Donate $21M to Pro-Trump Super PAC
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Summary
Gemini and the parent company of Crypto.com, Foris Dax, have donated $21 million to a pro-Trump super PAC, MAGA Inc. Gemini contributed $1.5 million in USDC, while Foris Dax made two cash payments totaling $10 million. This move comes as crypto news continues to spotlight major industry players engaging in political funding. This development is part of the fast-evolving landscape in the crypto industry today, with companies increasingly aligning themselves with political causes.
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