Trump cryptocurrency sought CAPS political career filled with conflict of interest Donald Trump

220 winners a cryptocurrency The competition was told Monday to look after the e-mail that contains the “most exclusive call in the world”. As a reward for spending huge amounts of money, in some cases a million dollars, they won the award to attend private gala with Donald Trump In his own Washington DC Golf Club later this month.
Assigning access to the President in exchange for investing in his CRIPTO ENDEAVOR was the latest conflict of interest trump in a A political career has been filled With the words of one of his most popular pants, “many such cases.” Real estate funds, media company, trade in stores, cheat and recently Qatar $ 400m Acrease Gift Are just some of the countless crops that warned state ethical guardians for now in a decade.
Trump Fotai in cryptocurrency is a unique combination and escalation of these conflicts. This includes it uses its personal gain presidency, potentially opens with foreign influence and works in the industry that has a huge power to deregulate. Uncovered trumps of unscrupulous business tendencies with industry that has been noted for fraud, fraud and lack of transparency. It can also become the most prudent job in which he was ever involved.
At auction of excluded influence
Trump’s shift from skeptic cryptocurrency to industry operator last year was Already concerns for ethics and transparency advocatesWho is concerned that, if the chosen, potentially could push through cryptic legislation that would benefit his personal financial interests. The direct approach to the President through the crypto scheme reinforced fears around political corruption and attempting to buy influence, especially given the opaque nature of the competition. The names of the winners are still unknown.
The competition rules of the Trump dinner stated that the Top 220 customers from Trump, who stated on the public leader at Coin’s website, received a dining call with the president. Top 20 On the leader, it would get more personal access via a VIP reception that contains Trump. The leader only revealed the usernames of competitors and wallet codes CRIPTO, no other identification information. Winners could also write down any name they chose on the call, according to the page frequently asked questions on the site, adding another layer of insecurity to who will actually attend.
One of the primary concerns of democrats and ethical groups around the competition is that it can enable foreign actors to buy an impact on the Trump investment in his cryptocurca. Multiple analyzes The $ Trump Leaderboard has already discovered that a large percentage of best customers used foreign currently exchanges that prohibit American users to trade their platforms, suggesting that winners can be foreign residents.
Wallet of Best Buyer Trump Dollars on Leadership, which owns more than $ 18m The value of the coin is associated with Hong Kong Cripto Entrepreneur Justin Sun. In 2023, the Securities Commission and Earth Exchange Commission Charged with the sun with a fraud and other injuries of securities relating to the trading of cryptocurrent services. Since Trump attended the function, however, SEC paused that investigation. The sun too Tens of dollars invested In other crypts of the Trump family last year, the Council is the World Financial Company that Trumps of Sons control.
The $ Trump coins also attracted the icons of the foreign investors outside the competition. Monday, a small technological company called GD Culture, which has a Chinese auxiliary company and has a ticket announced that he provided $ 300 million in funding to buy $ trump coins. His purchase would coincide with the truth that decides on how to deal with a potential ban on ticktok or forced sale in the US.
Trump Family Business is no longer real estate
The entrance of the Trump family in the cryptocurrency is relatively recent development, but from the beginning last year, the trump cards were engaged in the industry. Trump has severely introduced crypto investors during the presidential election campaign, becoming the first candidate who would accept cryptons donations and promising to turn into the US In the “Cripto Capital of the Planet” in the Bitcoin conference in July. Later that year Trump announced the creation World Freedoms Financial Crypto Venture – a company that raised about $ 550 million and which Trump Family Control.
Trump’s reach to the crypto world deepened after his election victory, because he became involved in creating so-called memos that tend to fluctuate wildly with speculative trading. Criptocurrency $ Trump, together with a $ melania coin, started in mid-January before the inauguration. The $ Trump value increased at the beginning of about $ 75 crosses before crashing, just to start slowly increasing in the value after Trump announced that the top buyer of the coin will win an exclusive dinner with him.
Since then, the CRIPTO firm associated with trums expanded to create another cryptocorn called USD, vague program “Trump Reward Boed” and a Beren Fund or ETF. This week was also announced by Eric Trump City Firm Bitcoin Family Control He would go public.
Trump’s personal participation in each of these projects is bent and companies that control different aspects of the CRIPTO CARPLJ family become a bit like dummage nesting. He directly does not possess the company that, for example, gave $ Trump Memecoin. Instead, the Trump Organization owns a company called CIC digital LLC, which, together with another company called fighting fighting, also monitors the income from the coin trade. These two LLCs also hold about 80% of Coin Reserve Reserve, a share that is worth more than $ 2 billion on the current market value.
The Burp Crypto Cripto Carponing Cripto Cripto is an exceptional reversal, when Trump called Bitcoin “Fraud” 2021. years and said it should be highly regulated. Since then, there have been huge developments in the cryptocurrencen world, but the finest in this case may be that Trump is now to benefit from it.
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Backlash to Trump Deregulating Cripto
While Trump Family is the construction of its crypto company, Trump Administration was also Pushing for industry deregulation and appointed pro-crypto boss hartients and commands for exchange (SEC). In April, the Department of Justice It closed its unit units for cryptocurrency fraud To align with Pro-Cripto executable order of Trump.
These moves towards deregulation occur while the crypto industry is still crowded with fraud, and only a few years after it is Bankman-Fried False management of FTX Exchange Criptocurrenci It resulted in one of the largest financial scandals in modern history. Potentially loosening the rules and support of the crypto industry has effects that cross and negate problems and financial influences on corruption. Bitcoin building, which have expanded throughout the United States, also apply energy supply issues, environmental concerns and Noise pollution issuesAny agency regulates the agencies that Trump may affect.
Democratic legislators and Even some Republicans They looked against Trump conflicts of interest, and some trump suggests that dinner was too far away. Connecticut Senator Richard Blumenthal formalized those concerns last week, forwarded the Ethics testing to the CRIPTO President’s operation.
“Financial records of President Trumps in Trump, as well as the attempt to host the $ trump competition, represented an unseen bidder,” Blumenthal wrote in the letter last week, “Blumenthal wrote in the letter.
Trump’s investment crypts also have The law of orientation was ejected In order to regulate some forms of cryptocurries, called Genius ACT, which has previously had bipartic support. Democrats of the Senate, together with three Republicans, voted by gradual movement that would allow the bill to continue in their current form – claiming that it is necessary to make strong protection to prevent the creation of the type of Trump conflict.
“It was shocking to see Donald Trump Move to Breakneck speed to use its position as president to receive billions of dollars in speech, “Massachusetts Senator Elizabeth Warren said to oppose the bill in speech last week.” The biggest corruption scandal in modern history does not address him right now and no one pays attention to it. “
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2025-05-14 20:23:00