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Post-election surge increases wealth of crypto executives by billions

Post-election, Coinbase CEO Brian Armstrong earned 129 million USD from stock sales, increasing his net worth to 6.4 billion USD. Similarly, Ripple’s CEO Garlinghouse benefited as XRP surged from 0.50 USD to 2.32 USD, tripling his holdings.

Before the elections, Coinbase and Ripple donated substantial amounts to pro-crypto political action committees, aiding in their financial growth. The broader crypto market has gained over 1 trillion USD, producing significant profits for industry leaders.

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