How Trump’s Latest Crypto Launch Enriches His Family
Senator Warren warns that weak crypto regulations allow politicians like Trump to exploit market power and calls for bans on elected officials engaging in cryptocurrency businesses.
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Trump Family Gains Another $5Billion in Crypto Profits. Critics Call It Corruption.
In what Public Citizen called “the greatest corruption in presidential history,” U.S. President Donald Trump and his family added $5 billion in cash to their fortunes this Labor Day as his new cryptocurrency was opened to the public market. The currency, known as WLFI, is owned by World Liberty Financial, a company founded by the president’s sons, Donald Trump, Jr., and Eric Trump. Source
How Trump’s latest crypto launch enriches his family
Even by Donald Trump’s well-established track record of making money off the presidency, he’s had a banner week.On Monday, President Trump’s family earned some $5 billion — at least on paper — as their latest cryptocurrency venture launched. Now a “token” from World Liberty Financial, the crypto business co-founded last year by Trump and his sons, is trading publicly.This launch highlights the extraordinary degree to which Trump and his family a…
‘Greatest corruption in presidential history’: Trump family reaps US$5b more in crypto profits
“Your family gets higher energy prices and cuts to healthcare. His family gets billions,” said Rep. Greg Casar. In what Public Citizen called “the greatest corruption in presidential history”, US President Donald Trump and his family added US$5 billion in cash to their fortunes this Labor Day as his new cryptocurrency was opened to the public market. […]
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