Official party platforms, statements from Democratic leaders, and major political news outlets

Trump Hosts 'Mugshot Edition' NFT Event, Backed by 21 Dems Against Gensler

May 11, 2024, 12:45 PM

Former President Donald Trump has strategically embraced cryptocurrency as a significant theme in his campaign, positioning it against the Democrats' increasingly stringent stance on digital assets. Trump hosted an exclusive event at Mar-a-Lago for buyers of his 'Mugshot Edition' NFTs, where he declared his support for crypto, promising more favorable policies compared to his opponents. This move comes as a response to what he perceives as an attack on digital assets by the Biden administration and SEC Chair Gary Gensler, particularly after 21 Democrats, averaging 48 years old, voted to rein in Gensler's overreach. The event also featured a bonus swatch of the suit Trump wore for his Fulton County mugshot, emphasizing his commitment to the crypto community.