John Oliver Criticizes Trump's Cryptocurrency Ventures, Including World Liberty Financial, on 'Last Week Tonight'
Oliver said Trump family crypto ventures generated billions for insiders while nearly 1 million meme-coin buyers lost $3.8 billion, according to The New York Times.
- On Sunday, Last Week Tonight host John Oliver exposed ethical concerns regarding President Donald Trump's family cryptocurrency businesses, which have become their dominant financial interest.
- Trump's personal income surged to more than $2.2 billion in his first year back in office, mostly from family crypto ventures that typically spike then crash after insiders sell at peaks.
- Chinese billionaire Justin Sun invested $75 million in World Liberty Financial while an Emirati official nicknamed The Spy Sheikh contributed $500 million, raising questions about foreign influence and access.
- The administration is pushing the CLARITY Act to shift crypto regulation from the SEC to the short-staffed Commodity Futures Trading Commission, which critics argue lacks investor protection mandates.
- Trump, who previously called Bitcoin a 'scam' and 'a disaster waiting to happen,' now brands himself the 'first crypto president,' though Oliver warns that lacking proper guardrails leaves the system vulnerable to exploitation.
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'Trump's crypto empire is a Ponzi scheme': McKenzie alleges biggest fraud is linked to White House
Actor, filmmaker and author Ben McKenzie has renewed his criticism of the cryptocurrency industry, taking aim at President Donald Trump's growing involvement in digital assets and making explosive allegations about the White House.
Trump's Crypto Scam Is Much Worse Than You Think
John Oliver's Last Week Tonight took almost the entirety of Sunday's program to expose incredible corruption that is the Trump family's crypto business. I haven't taken the time myself to look up his World Liberty company, but the pay-to-play nature is downright criminal. Donald may be failing mentally and physically right before our eyes, but it doesn't take a Mensa member to figure this grift out. Memecoins netted Trump millions of dollars wh…
John Oliver Names the One Thing That Would Make It Clear Trump Was Hacked on Social Media
When President Trump first announced his own cryptocurrency last year, many apparently thought his social media account had been hacked. John Oliver did not. In fact, according to the HBO host, there’s only one thing that would convince him the president’s account has been hacked: coherency. Returning from hiatus on Sunday night, Oliver opted to mostly bypass the stories he missed while “Last Week Tonight” was off, and instead focus on his main …
John Oliver gets into Trump's "flagrantly corrupt and compromised" crypto dealings
Some of Last Week Tonight‘s best episodes come not when host John Oliver is not exactly breaking news, but forcing us to confront something we’ve already known about and perhaps tried to ignore. For example, we’ve known for at least a couple of weeks that Donald Trump made billions from crypto during the first year or so of his second term in office. But with their return after a month-long break, the Last Week Tonight team breaks down just what…
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