Donald Trump raised £44m more than Joe Biden's campaign in May - and he's now turning to crypto

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The Republican candidate once described Bitcoin as a 'scam' - but in a sharp U-turn, now says he wants to be the 'crypto president'. Earlier this week, there were rumours he had even launched his own coin.

Donald Trump's presidential campaign raised substantially more money than Joe Biden's last month, new figures show. The Republican candidate received £111m 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 film star Stormy Daniels - with one billionaire donating £39.5m after the verdict was reached.

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. 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.

 

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