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Price: $0.39807 2.9937%
Market Cap: 58.47B 1.7693%
Volume (24h): 8.63B 0.4%
Dominance: 1.7693% 1.7693%
  • Price: $0.39807 2.9937%
  • Market Cap: 58.47B 1.7693%
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  • Dominance: 1.7693% 1.7693%
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Home > Information news > Elon Musk on Trump’s Conviction: “Great Damage” to Public Faith

Elon Musk on Trump’s Conviction: “Great Damage” to Public Faith

Release: 2024/06/01 03:05 Reading: 208

Original author:CryptosHeadlines.com

Original source:https://coinmarketcap.com/community/articles/665a19c59944c20d9d3610d5

Elon Musk on Trump’s Conviction: “Great Damage” to Public Faith

Elon Musk Comments on Donald Trump's Conviction

Elon Musk, CEO of Tesla and SpaceX, has voiced his concerns regarding the recent conviction of former US President Donald Trump for falsifying business records.

On Twitter, Musk criticized the court's decision, arguing that it undermines public trust. Despite the conviction, which has not significantly impacted Trump's potential to run for election, his role in advancing a pro-crypto agenda in the US remains significant.

Implications of Trump's Conviction

Trump's conviction marks uncharted territory in US political history, as he faces additional criminal cases. The Manhattan jury found him guilty on all 34 counts after finding evidence that he authorized a $130,000 payment to silence adult film actress Stormy Daniels during the 2016 campaign.

While Trump could appeal the conviction, the verdict suggests that he could face significant penalties, including fines or probation. Imprisonment is unlikely for first-time offenders of this crime in New York, and alternative punishments such as home confinement or curfews may be considered.

Despite the conviction, Trump maintains eligibility to run in the 2024 presidential election. His popularity among the GOP base remains strong, and the party's leadership remains aligned with him.

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