Crypto Executives Warned of Increased Scrutiny After Midterms

Cardano founder Charles Hoskinson has expressed concern that some crypto executives associated with the Trump administration may face greater scrutiny if Democrats gain power after the 2026 U.S. midterm elections.

The warning comes amid a growing relationship between the cryptocurrency industry and the Republican-led administration, which has positioned itself as supportive of financial innovation.

Hoskinson's comments were made in response to criticism that he was not included in a recent White House meeting attended by several prominent crypto executives, including Ripple CEO Brad Garlinghouse and Coinbase CEO Brian Armstrong.

The gathering focused on digital asset policy and efforts to advance U.S. crypto legislation, including the CLARITY Act, which Hoskinson has previously criticized for its potential impact on the industry.