Trump's Crypto Empire Suffered a Loss of $53 Million! Political Gambles Trigger Regulatory Landmines! 💥
The Trump family bet on the crypto market, splurging $347 million to buy 12 types of tokens, resulting in a loss of $53 million! This wave of 'political investment' has thrown the market into chaos, with regulatory threats looming closer.
Eric Trump claims to support the expansion of stablecoins and is collaborating with Middle Eastern tycoons, attempting to elevate America's dominant position in the global market, but the actual financial situation is dismal.
The U.S. Senate is keeping a close eye on this political crypto chess game, with conflict of interest investigations ramping up. Experts warn: this 'politics + crypto' hodgepodge will only exacerbate market volatility, leading to a regulatory hell and a massive flight of capital.
The market is not buying it either, with mainstream coins plummeting throughout the day, and panic spreading. Crypto projects linked to politics? The losses and troubles will only grow larger; don't be fooled by the superficial gloss!