#USHouseMarketStructureDraft

U.S. President Donald Trump’s meme coin and other crypto businesses create “pathways” for corruption, according to short-lived White House Communications Director and founder of SkyBridge Capital, Anthony Scaramucci.

Speaking at the Financial Times Digital Asset Summit, Scaramucci argued that the Trump family’s involvement with crypto—which includes the president's Solana meme coin, World Liberty Financial, a Trump Media tie-up with Crypto.com, and more—serves as a “distraction” that's standing in the way of bipartisan consensus around crypto.

“Let's give them all the benefit of the doubt,” Scaramucci said of the Trumps and their crypto dealings. “But I do think that there's pathways for some level of corruption, potential bribery and ‘sinistership,’ if you will. And I think we would just want people not to have those pathways, or to take that completely off the table.”