Anxious ethics expert, Trump will use conflicts of interests as an exception to stick to the encryption at the White House
Donald Trump once described the encrypted currency as a “fraud”. Ethics experts are now afraid that the president will implement an encryption scheme that bends its rules by adhering to the assets of encryption while serving at the White House.
Federal ethics rules conflict with interests that involve financial holdings. 2022 opinion From the Government Ethics Office, he argued that federal employees should remove themselves from encryption cases “when there is a real possibility that it will lead to an increase or loss of the employee’s digital assets.”
For example, the office referred to a federal employee pushing virtual to American currencies to support some encryption coins that could benefit from the employee.
Such warnings appear to apply to Donald Trump. One of Trump’s subsidiaries is one of the main owners of $ TROMP, a “official” encrypted currency bearing the Trump character.
However, the exception that dates back to the eighties of the last century exempts the presidents, leaving ethical monitors afraid that Trump’s pro -profit agenda can lead to self -circulation.
“If you have a direct and personal financial connection to encryption industries, there is a self -interested motivation to create the easiest possible way for the world of encryption,” Dylan Heidler Gaudet, director of government affairs in the project in the government control government, He said objection.
The director of the Trump Department of National Intelligence chooses Toulcy Gabbard, perhaps looking at these regulations, He said You will be withdrawn from tens of thousands of dollars in Crypto’s possessions if confirmed.
Supporters of their Trump $ currency Insist The product, which is hosted on the Solana Blockchain network, is just an expression of support and communication with the ideals and beliefs embodied by the “$ TROMP” symbol and associated artworks “, not investment.
However, for something not an investment, the currency attracted a flood of investors The maximum theoretical market for more than $ 5 billion As of the afternoon of Monday.
Democrats have warned that Donald and Melania Trump’s ownership of separate brand encryption offers provoke warning bells that the president and the first lady can carry out the “carpet” fraud and criticize it for its ownership.
“We are writing deeply about President Trump’s decision and first lady Melania Trump to launch two fatal currencies, $ Trump and $ $, which allows them to earn extraordinary profits from his presidency,” books In a message to the organizers last week.
“These currencies do not create faster, cheaper and safer payments [guard] Bars. These coins do not help people to borrow more. They do not improve the financial system in any way for consumers.
Encryption Spent More than 100 million dollars support Trump and other colleagues who support Carbuto this session, and Trump’s promises to reduce the regulations and create the American Bitcoin Strategy Reserve Pushing Bitcoin prices for highlands in recent days.
The Trump administration, given its extensive relationships with the business world, has the highest potential of average interests.
Billionaire Elon Musk, who leads the Trump Ministry of Government efficiency project to reduce federal spending, has multiple companies dealing with the federal government and will see significant traces of organizational changes.
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2025-01-29 06:50:00