Sunday, November 24, 2024

Could Hunter Biden’s Guilty Verdict Impact His Father’s Presidential Campaign?

AP

Hunter Biden, son of President Joe Biden, was found guilty on the 11th (local time).

According to media outlets, the jury found Hunter Biden guilty on all three felony charges brought by the special counsel related to his purchase of a revolver handgun in October 2018.

The court accepted the special counsel’s claim that Hunter falsely stated on the mandatory purchase application form that he had never illegally used a firearm or been addicted to drugs.

The special counsel argued that Hunter Biden lied on the gun purchase application form submitted to a federally licensed firearms dealer, stating that he had not used illegal drugs and had not possessed a gun illegally in the past 11 days. The jury accepted this argument.

Testimonies from Hunter’s ex-wife and ex-girlfriend were among the decisive factors leading to the guilty verdict.

They testified that Hunter had a pipe used for smoking crack, a synthetic drug, and other tools necessary for drugs.

This guilty verdict could result in Hunter’s facing a maximum of 25 years in prison and a fine of $750,000.

However, it is unlikely that he will receive a severe prison sentence. Although he did illegally possess a gun, he did not use it for violence. This was also his first offense.

The sentencing hearing will take place in September. However, a specific date has not been confirmed.

Hunter’s guilty verdict is expected to be a serious political burden for his father, President Joe Biden.

It is uncertain what negative impact the guilty verdict of Biden’s son will have on the election trend, as the gap between Biden and Donald Trump narrowed in competitive states after the former president was found guilty in a hush money trial.

There is a high possibility that Biden will struggle with the so-called son risk.

Hunter was indicted last year by special counsel David Weiss.

This is the first time in U.S. history that a sitting president’s child has been criminally charged.

Hot this week

Is Your Next Samsung Device Getting Smarter? OpenAI’s AI Plans Revealed

OpenAI is in talks with Samsung to integrate AI into products and is considering a web browser with chatbot features.

Matt Gaetz Steps Down: Trump’s Attorney General Pick in Turmoil

Matt Gaetz resigns as Trump's AG nominee amid controversies, raising questions about future appointments and Senate confirmation challenges.

Elon Musk and Jeff Bezos: The Billionaire Showdown Heats Up

Musk and Bezos engage in a public dispute on social media, highlighting their rivalry in wealth and the space industry.

Nvidia Bounces Back as Wall Street Shifts Focus to Small-Caps and Value Stocks

The New York stock market rebounded, with tech stocks rising despite some declines, while Bitcoin reached a historic high of $99,000.

Wall Street’s Fall from Grace: Hedge Fund Star Sentenced to 18 Years

Bill Hwang, founder of Archegos Capital, received an 18-year prison sentence for market manipulation causing billions in losses.

Topics

Is Your Next Samsung Device Getting Smarter? OpenAI’s AI Plans Revealed

OpenAI is in talks with Samsung to integrate AI into products and is considering a web browser with chatbot features.

Matt Gaetz Steps Down: Trump’s Attorney General Pick in Turmoil

Matt Gaetz resigns as Trump's AG nominee amid controversies, raising questions about future appointments and Senate confirmation challenges.

Elon Musk and Jeff Bezos: The Billionaire Showdown Heats Up

Musk and Bezos engage in a public dispute on social media, highlighting their rivalry in wealth and the space industry.

Nvidia Bounces Back as Wall Street Shifts Focus to Small-Caps and Value Stocks

The New York stock market rebounded, with tech stocks rising despite some declines, while Bitcoin reached a historic high of $99,000.

Wall Street’s Fall from Grace: Hedge Fund Star Sentenced to 18 Years

Bill Hwang, founder of Archegos Capital, received an 18-year prison sentence for market manipulation causing billions in losses.

Billionaire Gautam Adani Charged with Massive Bribery Scheme

Gautam Adani, Asia's second-richest person, faces U.S. indictment for bribing Indian officials over $250 million to secure contracts.

Wall Street’s Wild Prediction: S&P 500 Could Soar to 6600

Wall Street anticipates a market surge as Trump's presidency promises tax cuts and deregulation, with S&P 500 forecasts rising significantly.

Bitcoin Breaks Records: Surges Past $94,000 Amid Trump’s Victory

Bitcoin surpassed $94,000 amid expectations of crypto-friendly policies under Trump, sparking optimism for a bullish market.

Related Articles