Bitcoin Magazine CEO Hosts Fundraiser for Former President Trump

IconCryptoNewsTerminal Staff15 Jul, 2024

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Bitcoin Magazine CEO Hosts Fundraiser for Former President Trump

The Washington Post reports that Bitcoin Magazine CEO David Bailey will host a fundraiser for former US President Donald Trump. The event is expected to coincide with Bitcoin Magazine's Bitcoin 2024 conference. Trump, who was previously injured in a shooting during a campaign rally, is scheduled to speak at the Bitcoin 2024 conference later this month. The fundraiser has drawn criticism from some within the cryptocurrency community, who argue that it will damage Bitcoin's reputation. However, Bailey has defended the decision, saying that Trump is "a friend of Bitcoin" and that the fundraiser will help to raise awareness of the cryptocurrency. It remains to be seen whether the fundraiser will be successful. However, it is a sign of the growing interest in Bitcoin from high-profile figures.

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