Freight Technologies Commits to Buy Up to $20M in Trump Crypto to Lobby Against Tariffs
Freight Technologies Inc., a North American shipping logistics company, announced a financing plan to purchase up to $20 million of President Trump’s cryptocurrency ($TRUMP) — a convertible-note structure beginning with a $1 million offering, with roughly $2 million actually spent as of a May 12, 2025 follow-up filing — 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
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Company boasts spending up to $20 million on Trump crypto coin to buy influence
· May 2, 2025
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[2]
Hoping to get Trump's attention, small business buys millions in cryptocurrency
· May 2, 2025
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Cite this entry
The Cascade Ledger. “Freight Technologies Commits to Buy Up to $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/