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Cryptocurrency News Articles
Trump Targets ActBlue, the Fundraising Platform That Powers Democratic Campaigns
Apr 25, 2025 at 09:00 pm
President Donald Trump is set to sign a presidential memorandum Thursday targeting ActBlue, the fundraising platform that powers Democratic campaigns and causes. This is Trump's latest attempt to neuter political opposition.
President Donald Trump is set to sign a presidential memorandum Thursday targeting ActBlue, the fundraising platform that powers Democratic campaigns and causes. This is Trump’s latest attempt to neuter political opposition.
It's unclear exactly what the memorandum will do, but according to Politico, it claims that ActBlue accepts foreign contributions—which the platform vehemently denies.
Of course, Trump himself has been hit with allegations of accepting Russian bribes. In fact, a political consultant who worked for Great America PAC, which backed Trump’s 2016 campaign, was sentenced to 18 months in prison in 2023 for illegally accepting Russian contributions.
What’s more, Trump is currently taking in millions from cryptocurrency investors, who are buying his meme coin for a chance to meet with Trump. It’s a blatantly corrupt pay-to-play effort, in which foreigners could be personally funneling money to Trump.
“The Trump coin scam is the most brazenly corrupt thing a President has ever done. Not close,” Democratic Sen. Chris Murphy of Connecticut wrote on X.
Similarly, Massachusetts Democrats Sen. Elizabeth Warren and Rep. Jake Auchincloss joined together to demand an investigation into Trump’s meme coin, though it’s unlikely that the Department of Justice run by the nakedly partisan Pam Bondi would actually prosecute.
“Anyone, including the leaders of hostile nations, can covertly buy these coins, raising the specter of uninhibited and untraceable foreign influence over the President of the United States, all while President Trump’s supporters are left to shoulder the risk of investing in $TRUMP and $MELANIA,” they wrote in a letter in January.
And while ActBlue is being targeted by Trump’s memorandum, the Republican fundraising platform WinRed will seemingly go unscathed, despite its many actual issues—including coming under fire after the 2020 election for tricking people into unknowingly making recurrent donations to Trump’s campaign.
But this despotic attack against what Trump deems a “political enemy” is nothing new.
For example, Trump has stripped Big Law firms of their security clearances and government contracts because they employed lawyers who have investigated him or have sued to block Trump’s illegal actions. As a result, firms have halted pro bono work that might anger Trump.
ActBlue raises massive amounts of money for Democrats and Democratic causes, taking in nearly $500 million in 2025 alone. And its lawyers have been gearing up for a fight against Trump.
“Every one of our clients is concerned about being arbitrarily targeted by the Trump administration. We are going to great lengths to help clients prepare for or defend themselves,” said Ezra Reese, political law chair at Elias Law Group, which represents many Democrats and Democratic organizations.
And ActBlue says that it will not be scared into submission by Trump's bullying.
"Nothing will deter or interrupt ActBlue’s mission and work to enable millions of Americans to participate in our democracy," ActBlue President and CEO Regina Wallace-Jones wrote in an email to Democrats.
"There is an ongoing and persistent effort to weaken the confidence of the American people in what’s possible,” she added. “This is the next version of ‘the big lie.’"
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