Pro-Crypto President-Elect Donald Trump Loses Supreme Court Bid to Skirt Sentencing – BitRss

As Donald Trump prepares to return for a second term in the U.S. presidency, his path back to the Oval Office has been overshadowed by a major legal setback.

The U.S. Supreme Court on Thursday denied President-elect Donald Trump’s emergency appeal to halt his criminal sentencing in New York, allowing the hearing to proceed as scheduled on Friday.

The ruling comes 10 days before Trump’s inauguration. Over the past weeks, he’s been preparing to fulfil crypto-related promises that include easing digital asset regulations and advancing blockchain innovation during his term.

In a 5-4 ruling, the court’s majority—including Chief Justice John Roberts and Justices Sonia Sotomayor, Elena Kagan, Amy Coney Barrett, and Ketanji Brown Jackson—held that the burdens imposed by the sentencing were “relatively insubstantial.”

The sentencing follows Trump’s conviction in May 2024 on 34 felony counts of falsifying business records to conceal hush money payments during his 2016 campaign.

The hearing will be conducted virtually and result in an &ldquo…