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.
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“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 (CRYPTO: ETH), worth $8.5 million.
Price Action: At the time of writing, ETH was trading at $1,213, down 3.36%, according to Benzinga Pro.
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