Odaily News Former U.S. President Trump said in a live broadcast released by World Liberty Financial that if he is not elected this November, he believes that cryptocurrency builders who are under investigation by the U.S. SEC "will be in hell." "If we don't win the election, those who are under investigation, those who are free now, and those who are not paid attention to in the crypto world, they will be like living in hell," Trump said. Trump discussed what he described as the "incredibly hostile" regulatory approach to the crypto industry under the leadership of current SEC Chairman Gary Gensler. It has been speculated that Trump's public declaration of support for cryptocurrencies and his promise to bring friendlier regulation to the industry may have persuaded the Biden administration to cool down on crypto enforcement. Trump himself also thought this made sense, "Frankly speaking, since they heard that I was involved, they have treated industry participants a lot better, and maybe they think this is a way to get votes." (Decrypt)