Freight Technologies Purchases $20M in Trump Crypto to Lobby Against Tariffs

confirmed Importance 8/10 ~1 min read 4 sources 3 actors

Executive Power Expansion Digital & Tech Capture

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.

Sources & Citations

[1] Company boasts spending up to $20 million on Trump crypto coin to buy influence · May 2, 2025 Tier 2

[2] Hoping to get Trump's attention, small business buys millions in cryptocurrency · May 2, 2025 Tier 1

[3] A Gunmaker's Lobbying Shows How Trump's Tariffs Changed the Game · Oct 1, 2025 Tier 1

[4] Watchdog: Shipping Logistics Company Drops $20M on $TRUMP Crypto Coin · May 2, 2025 Tier 1

Tiers Tier 1 court records & gov docs · Tier 2 established outlets · Tier 3 regional & specialty press · Tier 4 opinion or single-source. Methodology →

Cite this entry

The Cascade Ledger. “Freight Technologies Purchases $20M in Trump Crypto to Lobby Against Tariffs.” The Capture Cascade Timeline, May 2, 2025. https://capturecascade.org/event/2025-05-02--company-boasts-spending-up-to-20-million-on-trump-crypto-coi/