Crypto Firms Donate Millions to Trump Inaugural Fund, Host Unofficial Ball Featuring Snoop Dogg
- Major cryptocurrency firms donated at least $10 million to President-elect Donald Trump's inaugural fund, supporting his pro-crypto stance, as reported by Politico.
- The cryptocurrency industry hosted an unofficial inaugural ball featuring Snoop Dogg, organized by David Bailey, with tickets selling for $2,500 each.
- The event included attendance from various crypto executives and featured entertainment from rappers, marking a significant moment for the industry, according to attendees.
- Controversy arose over the donations, with accusations of influence trading, while the crypto industry viewed the event as a celebration and a chance to engage with the new administration.
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