😱SHOCK Observers -I have never seen such open corruption’: Trump’s crypto deals and loosening of rules
🚨 #TRUMP ’s Crypto Gold Rush 💸
Donald Trump has turned the presidency into a high-stakes crypto empire. From mocking Bitcoin as a “scam” to now championing crypto, he’s cashed in — big time.
🔗 In May, Trump hosted a lavish dinner at his Virginia golf club, awarding a $100K Trump-branded watch to Justin Sun, a billionaire who bought $20M of his memecoin $TRUMP. The event helped rake in $148M, much of it from anonymous & foreign buyers.
📈 Trump's crypto ventures have earned him billions, with the launch of World Liberty Financial (WLF) — co-run with his sons — attracting major global deals.
⚖️ Critics call it “open corruption.” Ethics experts warn he's using his power to dismantle regulations, helping allies and boosting his personal wealth. The SEC has paused or dropped crypto fraud cases involving close Trump-linked companies.
🌍 WLF secured a $2B deal with UAE’s MGX fund to back Binance — despite Binance’s massive US legal troubles and a $4B DOJ fine.
🪙 Trump’s media company raised $2.5B to buy Bitcoin, while his admin pushes a deregulatory agenda, including softening 401(k) crypto warnings.
📉 Meanwhile, crypto fraud is rising:
$5.6B in US losses (FBI)
$1.34B stolen by North Korean hackers (Chainalysis)
⚠️ Lawmakers are investigating. New bills aim to block presidents and Congress members from profiting through crypto. But so far, Trump’s ventures grow unchecked.
💬 “Trump’s crypto empire is the Everest of corruption,” say critics. From memecoins to global deals, it’s a presidency rebranded — as a crypto cash machine. 🏦
Thankyou
Follow me for more updates .