Former President Donald Trump was found guilty on 34 felony counts of falsifying business records related to a hush money payment made to a porn star before the 2016 election. Following the verdict, Trump's campaign raised $34.8 million from small-dollar donors in less than seven hours, nearly doubling its single-day fundraising record and crashing the donation website. CNBC’s Brian Schwartz discusses the implications for the election in November. Plus, veteran tech investor and longtime Democrat donor Alan Patricof discusses Silicon Valley's political ties, the 2024 race, and the AI industry's impact on tech valuations. At the Consensus conference in Austin, former NYSE president and Bullish CEO Tom Farley shares both Presidential candidates’ approaches to crypto, and weighs in on the politicization of digital assets.

Brian Schwartz - 03:10

Alan Patricof - 16:55

Tom Farley - 27:20

In this episode:

Brian Schwartz, @schwartzbCNBC

Tom Farley, @thomasfarley

Joe Kernen, @JoeSquawk

Becky Quick,@BeckyQuick

Andrew Ross Sorkin,@andrewrsorkin

Zach Vallese, @zachvallese

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Guilty: The Verdict’s Impact on Fundraising, Tech, & Crypto 05/31/24