Freight Technologies Purchases $20M in Trump Crypto to Lobby Against Tariffs
Freight Technologies Inc., a North American shipping logistics company, announced a $20 million purchase of President Trump’s cryptocurrency ($TRUMP) as a strategic attempt to influence White House trade policy and lobby for tariff relief. CEO Javier Selgas explicitly stated the goal was to draw attention to the devastating impact of 25% tariffs on cross-border freight traffic.
Key Actors
Sources (4)
- Company boasts spending up to $20 million on Trump crypto coin to buy influence (2025-05-02)
- Hoping to get Trump's attention, small business buys millions in cryptocurrency (2025-05-02)
- A Gunmaker's Lobbying Shows How Trump's Tariffs Changed the Game (2025-10-01)
- Watchdog: Shipping Logistics Company Drops $20M on $TRUMP Crypto Coin (2025-05-02)
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