Donald Trump's growing ties to the cryptocurrency industry
Have raised concerns over potential corruption and conflicts of interest. Despite previously calling bitcoin a “scam,” Trump has launched his own crypto ventures, including a meme coin called $Trump, and appointed crypto-friendly figures to key regulatory positions. Critics argue that Trump's promotion of crypto, coupled with his business ties, could lead to lax oversight, benefiting his personal wealth while exposing investors to volatility. Some experts also warn that proposals like a U.S. bitcoin reserve could create financial risks for taxpayers.
