Donald Trump's cryptocurrency wallet has surged in value by $500,000 within the last 24 hours, following a New York jury's verdict that found him guilty on 34 counts of falsifying business records. This increase encompasses a variety of tokens, including Ethereum, leading to Trump's wallet now holding more than $13 million, as reported by Arkham Intelligence.

Trump's primary cryptocurrency investment lies in the Maga Memecoin (TRUMP), which has encountered significant price fluctuations. After the court ruling, the token initially dropped from $13.50 to $11.20, only to rebound to $16.80. Currently, it is being traded at $16.29, showcasing a 12.13% increase in a 24-hour period, according to CoinMarketCap. Other meme coins associated with Trump and the Republican party have also witnessed heightened volatility.

The verdict has dismayed Trump's supporters, who view the trial as a politically motivated persecution with the goal of impeding his electoral success. Trump has displayed backing for cryptocurrencies and integrated them into his campaign strategies by accepting them as contributions.

In parallel, on Polymarket, a decentralized betting platform, the wager 'Trump in jail before election day?' has drawn over $900,000 in bets, with participants estimating a 16% likelihood of imprisonment before November 5.

Subsequent to the jury's decision, social media platforms have experienced a surge in AI-generated content and misinformation disseminated by supporters of Trump. Deepfake videos depicting Trump in various scenarios have emerged, contributing to challenges for digital platforms as the U.S. approaches a presidential election.

Given the potential for misinformation to mislead citizens, there is a plea for stringent regulatory measures and educational initiatives to safeguard the integrity of the electoral processes.