{"id":77821,"date":"2024-06-21T06:28:04","date_gmt":"2024-06-21T06:28:04","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/06\/21\/donald-trump-raised-44m-more-than-joe-bidens-campaign-in-may-and-hes-now-turning-to-crypto\/"},"modified":"2024-06-21T06:28:04","modified_gmt":"2024-06-21T06:28:04","slug":"donald-trump-raised-44m-more-than-joe-bidens-campaign-in-may-and-hes-now-turning-to-crypto","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/06\/21\/donald-trump-raised-44m-more-than-joe-bidens-campaign-in-may-and-hes-now-turning-to-crypto\/","title":{"rendered":"Donald Trump raised \u00a344m more than Joe Biden’s campaign in May – and he’s now turning to crypto"},"content":{"rendered":"
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Donald Trump’s presidential campaign raised substantially more money than Joe Biden’s last month, new figures show.<\/p>\n

The Republican candidate received \u00a3111m in contributions during May – with tens of millions sent after he was convicted<\/strong><\/a> of falsifying business records.<\/p>\n

A New York jury found Trump guilty of covering up a “hush money” payment to adult film star Stormy Daniels<\/strong><\/a> – with one billionaire donating \u00a339.5m after the verdict was reached.<\/p>\n

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Trump slams ‘rigged’ trial and ‘devil’ judge<\/span>
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Trump’s<\/strong><\/a> campaign has refused to confirm how much cash it has in the bank, prompting critics to suggest the embattled politician is spending heavily on legal fees.<\/p>\n

By contrast, Mr Biden<\/strong><\/a> raised \u00a367m in May – about 40% less – with official records showing the Democrats have \u00a3167m on hand for the election battle.<\/p>\n

Julie Chavez Rodriguez, who manages the Biden campaign, said: “The money we continue to raise matters, and it’s helping the campaign build out an operation that invests in reaching and winning the voters who will decide this election – a stark contrast to Trump’s PR stunts and photo ops that he’s pretending is a campaign.”<\/p>\n

The latest figures show how the rules of US politics are changing. While a presidential candidate would have once had to bow out of the race after being convicted of felonies, Trump’s verdict led to a surge in financial support.<\/p>\n

He will now likely use this cash to ramp up advertising and attempt to appeal to voters in swing states as November’s ballot draws closer.<\/p>\n

Read more US news:<\/strong>
Ten Commandments law unveiled<\/strong><\/a>
Who will be Trump’s running mate?<\/strong><\/a><\/p>\n

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Biden freezes during holiday celebrations<\/span>
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Fundraising data for June is yet to emerge – with a glitzy fundraiser attended by film stars and former president Barack Obama netting over \u00a323m for the Democrats last weekend.<\/p>\n

Billionaire Michael Bloomberg has also donated \u00a315m to pro-Biden groups, and formally endorsed the sitting president on Thursday.<\/p>\n

Meanwhile, Trump has been increasingly turning to cryptocurrencies as he attempts to fill his campaign war chest.<\/p>\n

He once described Bitcoin as a “scam” with value based on thin air – but in a sharp U-turn, has now declared he wants to be the “crypto president” and support the industry.<\/p>\n

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Trump is the first major candidate in a US election<\/strong><\/a> to accept crypto donations – and earlier this week, there were unsubstantiated rumours he had launched his own digital asset, causing demand for “TrumpCoin” to surge.<\/p>\n

On Thursday, Cameron and Tyler Winklevoss – crypto billionaires best known for accusing Mark Zuckerberg of stealing the idea for Facebook from them – donated \u00a31.6m in Bitcoin to Trump, describing him as “pro-Bitcoin, pro-crypto and pro-business”.<\/p>\n<\/p><\/div>\n


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Donald Trump’s presidential campaign raised substantially more money than Joe Biden’s last month, new figures show. The Republican candidate received \u00a3111m in contributions during May – with tens of millions sent after he was convicted of falsifying business records. A New York jury found Trump guilty of covering up a “hush money” payment to adult […]<\/p>\n","protected":false},"author":2,"featured_media":77822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/e3.365dm.com\/24\/05\/768x432\/skynews-trump-trial-hush-money_6570576.jpg?20240531163337","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[70079,2068,2243,4251,51,4107,44,11533,52,5589],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/77821"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=77821"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/77821\/revisions"}],"predecessor-version":[{"id":77823,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/77821\/revisions\/77823"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/77822"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=77821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=77821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=77821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}