Cryptocom has donated an additional $5 million to the pro-Trump super PAC MAGA Inc., bringing its total contributions to $35 million over the past year, according to recent Federal Election Commission filings. Following this donation, Cryptocom has secured favorable decisions from several U.S. regulatory bodies.
The Commodity Futures Trading Commission (CFTC) recently intervened in a lawsuit involving Cryptocom and the state of Nevada over sports prediction markets, filing a motion in support of the company. Additionally, a U.S. Treasury Department agency conditionally approved Cryptocom's application for a national trust bank charter earlier this week.
Cryptocom Donates $5M to Trump PAC, Gains Regulatory Wins
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