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Axios

Politics

Exclusive: Coinbase explains donation to Trump's ballroom

Donald Trump Coinbase Amazon Axios Google the White House

Coinbase donated to President Trump's $300 million White House ballroom project as an appeal to the administration, Emilie Choi, the cryptocurrency exchange's president and COO, said at Axios' BFD event on Tuesday.

The big picture: Major companies including Google, Amazon, Palantir Technologies donated to the project, which critics have argued amounts to a pay-for-play relationship with the federal government.

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