Former Upbit CEO Endorses Kamala Harris for President: JP Thieriot’s Controversial Move Causes Backlash
Former Upbit CEO JP Thieriot publicly endorsed Kamala Harris for President in a surprising move that has sparked significant backlash from key figures in the crypto sector. Thieriot, who now serves as a Director at Upbit, made the endorsement through a series of posts on X, drawing attention to his controversial decision.
Thieriot’s Endorsement of Kamala Harris
In his endorsement, Thieriot drew parallels between his support for Harris and his previous decision not to delist XRP, emphasizing the contrarian nature of both choices. He expressed confidence that his endorsement of Harris, while unconventional, would ultimately be validated by events. Thieriot highlighted the potential for positive engagement between the cryptocurrency industry and a potential Harris administration as a driving factor behind his public support.
- Thieriot likens his backing of Harris to his past decision to keep XRP listed
- His endorsement marked his return to public discourse after a period of silence
- Thieriot emphasizes the need for constructive engagement with potential US leadership
Thieriot’s View on Harris Administration
Thieriot expressed optimism about the possibility of a reset in relations between the crypto industry and a Harris administration, highlighting the importance of the industry’s involvement in shaping policy discussions. He stressed the significance of having a voice at the table where decisions impacting the sector are made, underscoring the critical nature of proactive engagement.
- Thieriot sees an opportunity for the crypto community to influence Harris’s stance on digital assets
- He contrasts the potential support for the industry under Harris versus the Trump administration
- Thieriot urges active participation in shaping policy rather than remaining passive
Criticism From Pro-XRP Lawyer Bill Morgan
Thieriot’s endorsement of Harris was met with criticism from respected pro-XRP lawyer Bill Morgan, who questioned the timing and basis of the endorsement. Morgan expressed concerns about the lack of clarity surrounding Harris’s crypto policies and warned against premature support for a candidate without firm commitments on industry-related issues.
- Bill Morgan expressed reservations about Thieriot’s endorsement of Harris
- He highlighted the importance of clear crypto policies from political candidates
- Morgan criticized Thieriot for potentially rewarding Harris without securing policy concessions
Reflection on Thieriot’s Endorsement
Thieriot’s endorsement of Kamala Harris for President has ignited a debate within the crypto community, with contrasting views on the appropriateness and timing of his public support. The endorsement reflects the growing intersection between politics and the cryptocurrency industry, emphasizing the need for active engagement and dialogue to shape future regulatory frameworks.
Hot Take: The Impact of Thieriot’s Endorsement
The controversy surrounding JP Thieriot’s endorsement of Kamala Harris underscores the evolving relationship between the crypto sector and political influences. As prominent figures in the industry take public stances on candidates, a new chapter of engagement and advocacy emerges, highlighting the importance of aligning political leadership with the industry’s values and objectives. Thieriot’s endorsement serves as a catalyst for deeper discussions on the role of cryptocurrencies in shaping political discourse and policy decisions.
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