Simply put
- Kraken co-CEO Arjun Sethi has announced a $1 million donation to the Digital Freedom Fund PAC, increasing its commitment to America First Digital to $1 million.
- Arjun Sethi said Crypto has embodied the “right to self-determination” and warned of “attempts to criminalize infrastructure.”
- Winklevoss Twins previously donated more than $21 million in Bitcoin and explicitly launched the Republican Digital Freedom Fund PAC.
Crypto Exchange Kraken said Tuesday that $2 million will be donated to ProTrump’s crypto groups as the platform is mobilized in the “fight for the core rights of individuals in the digital age.”
Kraken co-CEO Arjun Sethi announced a $1 million donation to the Freedom Fund PAC and said it would increase its 2025 commitment to Pro-Trump Group America First Digital to $1 million.
“The fight for US code is not over,” Seti said. Tweet Tuesday.
He warned that Crypto’s fundamental principles face threats from “regulation uncertainty,” “headline enforcement,” “attempts to criminalize infrastructure,” and “prohibit privacy tools,” and what they call “constitutional questions about how financial freedom fits into a free society.”
Seti linked the origins of Bitcoin to a “peaceful revolution,” pointing out that its cryptographic ideals are “rights of self-determination” and “an extension of the code-rendered Bill of Rights.”
America First Digital It is led by Jason Tielman, former executive director of the National Republican Senators Committee, and senior adviser Christine Walker, former chief of staff to Senator Cynthia Ramis, who reintroduced the Bitcoin Act in March. Allow $80 billion Bitcoin purchases For strategic reserves.
“By explicitly linking campaign funding to the ideal of ‘financial freedom’, crypto leaders are no longer satisfied with defensive lobbying,” said Raj Kapoor, founder and CEO of the Indian Blockchain Alliance. Decryption. “They are moving into ideological territory and adjusting their digital assets with constitutional values.”
Federal authorities have recently targeted founders Bitcoin Mixer Samourai Wallet and Ethereum Privacy Protocol Tornado Cachethe developer is facing criminal charges allegedly promoting money laundering.
With the donation, Seti said Kraken supports the rights to “self-obligation” assets, opting out of “surveillance-based finance,” access to “open and configurable infrastructure,” and building “self-obligation” assets without opting out of “surveillance-based finance.”
The announcement was immediately supported by crypto industry figures, including Gemini co-founder Tyler Winklevoss. Kraken welcomed participation.
They were Winclevos twins Over $21 million in Bitcoin donated Last month we launched the Digital Freedom Fund.
Unlike other crypto PACs that maintain a nonpartisan façade, Cameron and Tyler Winklevoss said the PAC will work to support Republicans, defeat Democrats and advance Trump’s crypto agenda in the middle of 2026.
Meanwhile, Fairshake, Crypto’s biggest super PAC, raised nearly $300 million in 2024 from Coinbase, Ripple and Andreessen Horowitz. Expenditures across both parties To ensure that digital assets do not become a partisan wedge problem.
“This kind of political contribution is common in the US, and these funds are expected to increase the industry’s impact as crypto leaders promote better policies from the current administration.” Decryption.
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