Steve Bannon, the former adviser to Donald Trump, has declared his exodus from Trump’s much-publicized NFT venture.
What Happened: In an episode of his podcast ‘War Room’ on Thursday, Bannon told right-wing commentators Sebastian Gorka and Steve Cortes that he couldn't support the move and suggested that whoever was behind it should be fired.
See More: Best Crypto Day Trading Strategies
“I can’t do this anymore,” Bannon said, adding, “He’s one of the greatest presidents in history, but I’ve gotta tell you whoever, a business partner or anyone in his comms team and anybody at Mar-a-Lago – and I love the folks down there, but we’re at war. They ought to be fired today.”
Gorka added, “The president should not be involved with this.”
Why It Matters: Earlier, last week, Michael Flynn, former national security adviser to Trump, also criticized during a radio show appearance, saying, "Whoever wrote that pitch should be fired and never be involved [in Trump's campaign]."
John Dennis, chairman of the San Francisco Republican Party, made a similar statement while sharing an image of one of Trump's NFTs on Twitter. "I like Trump. This is not a good idea. Whoever advised Trump to sell NFTs shouldn't be fired. They should be exiled."
Despite relentless criticism, Trump’s loyal supporters have made the NFT collection a huge hit. This is evident as the collection consisting of 45,000 NFTs sold out in a matter of 12 hours for over $4.45 million.
The total volume as of Wednesday morning stands at 7041 Ethereum ETH/USD, worth $8.5 million.
Price Action: At the time of writing, ETH was trading at $1,213, down 3.36%, according to Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.