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♦️The "Trump Empire" is expanding into the cryptocurrency sector at an accelerating pace, sparking a new controversy that surpasses the previous concerns about his interests in hotels and casinos.
♦️While the most a foreign diplomat can do to get close to the president may be limited to booking a few nights at a luxury hotel, the world of cryptocurrency opens boundless doors to mysterious financial flows that can go directly to Trump, or to his family members, or to an increasing array of entities associated with them.
♦️Among these entities are two "meme coins" (which are digital currencies with little to no actual practical value and are often met with ridicule by industry experts), along with a cryptocurrency exchange called "World Liberty Financial" that issues its own coin.
♦️Soon, anyone with a brokerage account will be able to buy shares in the "American Bitcoin" company specializing in cryptocurrency mining, which is backed by the president's sons, Eric Trump and Donald Trump Jr.