The presidential campaign of Donald Trump has announced a record-breaking fundraising total of $52.8 million within 24 hours following his guilty verdict in a case involving tax fraud and the manipulation of accounting records to cover up a sex scandal. This astonishing amount primarily comes from small donors, underscoring the continued and fervent support for the former Republican president. It is certainly an unexpected turn after his recent conviction in New York.
A jury in the Manhattan Supreme Court found Trump guilty of 34 counts of falsifying business records, connected to his scheme to pay porn star Stormy Daniels ahead of the 2016 election, in collaboration with his former attorney Michael Cohen. This historic verdict marks the first time a former U.S. president has been convicted of a crime.
Despite the severity of the verdict, Trump's campaign reported that nearly 30% of the donors were new to his fundraising platform, WinRed. The former president appeared defiant and optimistic, promising victory in the upcoming presidential election in November.
Trump's criminal sentencing is scheduled for July 11, just days before he is formally nominated as the Republican Party's presidential candidate. The recent fundraising haul also represents a significant advantage over President Joe Biden, with Trump surpassing the Democratic incumbent's monthly fundraising total for the first time in 2024.
This massive influx of donations comes at a crucial moment for Trump's campaign, which seeks to solidify his leadership position among Republican voters and strengthen his campaign infrastructure ahead of the elections.
FAQs on Trump's Record Fundraising and Legal Battle
In the wake of Donald Trump's recent conviction and subsequent record-breaking fundraising efforts, several questions have arisen regarding the implications and future of his campaign. Here, we address some of the most pressing inquiries.
What were the charges against Donald Trump?
Trump was found guilty of 34 counts of falsifying business records related to a scheme to pay Stormy Daniels before the 2016 election, in collaboration with his former attorney Michael Cohen.
How much did Trump's campaign raise after the guilty verdict?
Trump's campaign raised a record-breaking $52.8 million within 24 hours following the guilty verdict.
What is the significance of the new donors to Trump's campaign?
Nearly 30% of the donors were new to Trump's fundraising platform, WinRed, indicating a growing base of supporters despite his legal troubles.
When is Donald Trump's sentencing scheduled?
Trump's criminal sentencing is scheduled for July 11.