{"id":472548,"date":"2024-01-16T12:29:13","date_gmt":"2024-01-16T12:29:13","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=472548"},"modified":"2024-01-16T17:19:12","modified_gmt":"2024-01-16T17:19:12","slug":"pro-crypto-presidential-candidate-vivek-ramaswamy-suspends-campaign-and-endorses-donald-trump","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pro-crypto-presidential-candidate-vivek-ramaswamy-suspends-campaign-and-endorses-donald-trump","title":{"rendered":"Pro-Crypto Presidential Candidate Vivek Ramaswamy Suspends Campaign And Endorses Donald Trump"},"content":{"rendered":"

Vivek Ramaswamy, a pro-crypto U.S. presidential candidate who pledged to lay off most of the Securities and Exchange Commission (SEC) if elected president, <\/span>suspended<\/span><\/a> his campaign for Republican leadership after a fourth-place finish in Iowa.<\/span><\/p>\n

Ramaswamy thanked his supporters in his concession speech. He also endorsed former President Donald Trump, saying, “I’m going to appear with Donald Trump at a rally in New Hampshire to lay out what I see and what we see for the future of the country.” <\/span><\/p>\n

\"US<\/p>\n

Vivek Ramaswamy Attacks The SEC<\/span><\/h2>\n

Ramaswamy has been a vocal advocate for the cryptocurrency space, and has not held back in his criticism of the SEC. In the fourth GOP primary debate, he <\/span>chastised<\/span><\/a> SEC Chairman Gary Gensler, as well as the SEC and the country’s regulatory framework, for not being able to rein in bad actors. <\/span><\/p>\n

“Our regulations need to catch up with the current moment. The fact that SBF [Sam Bankman-Fried] was able to do what he did at FTX shows whatever they have as a current framework isn’t working, ” said Ramaswamy. <\/span><\/p>\n