'It makes it all look corrupt': Trump-supporting exec turns on him over 'cash grab'
2 months ago

'It makes it all look corrupt': Trump-supporting exec turns on him over 'cash grab'

Raw Story  

Donald Trump's continuing attempts to ingratiate himself with supporters of cryptocurrencies has hit a large speed-bump after he and some of his family members dipped their toes into the industry with their own digital coins which, in turn, infuriated some supporters who never saw it coming. However, as the Times is reporting, Trump and his wife Melania's entry in the market caught some of the president's crypto millionaire and billionaire supporters "off guard." The Times is reporting, "Crypto executives criticized the move as a cash grab, saying that Mr. Trump had undercut the industry’s credibility at the very moment when proponents were seeking a more prominent place for digital currencies in mainstream finance and business," after it "created a brief and highly publicized bubble that partly deflated within a few days even as Mr. Trump’s family and its business partners collected millions of dollars from fees on purchases and sales of the coin." “It makes it all look corrupt and self-interested,” he told the Times, with the report adding that after the launches, "the industry’s enthusiasm for Mr. Trump turned to fury." According to the Times, "Justin Bons, a crypto executive, said the back-to-back memecoin announcements were 'nothing more than blatant money grabs.'"

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History of this topic

Trump is all in on crypto. So are the scammers
Trending News
5 days, 1 hour ago

Trump is all in on crypto. So are the scammers

Salon  

President Trump, a crypto skeptic in his first term, touted the United States as a "bitcoin superpower" at the Blockworks Digital Asset Summit in New York City last week. Crypto investors lost at least $9.9 billion last year as a result of scams, according to the latest data compiled by Chainalysis, a New York City-based blockchain analysis firm. "Pig butchering" …

Trump’s crypto empire set to expand with new stablecoin and investment fund offerings
5 days, 6 hours ago

Trump’s crypto empire set to expand with new stablecoin and investment fund offerings

Associated Press  

President Donald Trump’s crypto empire is expanding with the recent announcements of a new dollar-backed stablecoin and investment funds for digital assets. World Liberty Financial, a cryptocurrency venture Trump helped launch last year, announced Tuesday that it plans to launch USD1, a stablecoin pegged at a 1-to-1 ratio to the U.S. dollar. “We’re offering a digital dollar stablecoin that sovereign …

How to Doge the system: The strange rise and rise of the meme coin
1 week, 2 days ago

How to Doge the system: The strange rise and rise of the meme coin

Hindustan Times  

They’re a bit like the novelty T-shirts one buys on impulse; the kind that say “Here for #RishGotHerMan” or “Family Trip Survivor”. US First Lady Melania Trump launched a meme coin, Melania, as a “digital collectible intended to function as an expression of support”. Doge became trendy, as “a community-driven digital currency, particularly for tipping and charitable donations,” says David …

Seth Meyers Spots The Trump Admission That Hilariously Shatters A Big Boast
2 weeks, 3 days ago

Seth Meyers Spots The Trump Admission That Hilariously Shatters A Big Boast

Huff Post  

LOADING ERROR LOADING Donald Trump may attempt to style himself as the “crypto president” but Seth Meyers on Wednesday flagged a moment that may put that boast to the test. I like checks, you know?” Trump told reporters, adding: “I like a check better than this modern system of, all of a sudden there’s money in your account, nobody knows…” …

Top Trump official’s crypto ties raise red flags as the administration peddles digital assets
2 weeks, 4 days ago

Top Trump official’s crypto ties raise red flags as the administration peddles digital assets

CNN  

New York CNN — At a White House summit last week, Commerce Secretary Howard Lutnick spoke passionately about the Trump administration’s plans to embrace cryptocurrencies, a largely unregulated industry that has historically operated on the fringes of finance. “And they have been, for the most part, unclear on exactly what they’ll be doing in terms of divestment and recusal.” Promoting …

Devina Mehra reveals how the ‘Trump Stocks’ unraveled - Private banks, ultra-HNIs, and misplaced bets
2 weeks, 4 days ago

Devina Mehra reveals how the ‘Trump Stocks’ unraveled - Private banks, ultra-HNIs, and misplaced bets

Live Mint  

When Donald Trump secured victory in US Presidential elections 2024, global private banks rushed to pitch ‘Trump stocks’ or ‘Trump trade’ portfolios — collections of stocks supposedly poised to benefit from his return to power. According to market data cited by Devina Mehra, Founder & CMD of First Global, Tesla share price, often viewed as the ultimate ‘Trump stock,’ has …

Trump's SEC is easing up on crypto crime at the wrong time
2 weeks, 5 days ago

Trump's SEC is easing up on crypto crime at the wrong time

LA Times  

The Securities and Exchange Commission is scaling back its cryptocurrency enforcement unit. One investor wrote on social media, “I am a huge fan of Hawk Tuah but you took my life savings.” While rug pulls dupe multiple investors at a time, many crypto crimes target individual victims. One particularly devastating crypto fraud is known as “pig butchering” or “romance baiting.” …

'Ran away with his money!' Lawmaker decries Trump crypto 'rug pull' scam at House hearing
2 weeks, 5 days ago

'Ran away with his money!' Lawmaker decries Trump crypto 'rug pull' scam at House hearing

Raw Story  

Rep. Maxine Waters exposed a so-called "rug pull" scam that was used to dupe thousands of people who bought President Donald Trump's crypto coin. During Tuesday's House Financial Services Committee hearing, Waters noted that her "stablecoin" legislation differed from Trump's unregulated crypto coin. "I warned that this raised major conflicts of interest, national security risk for the country, and left …

Bitcoin at $79,039.34 today — the lowest since Donald Trump was elected US President in November. Here’s why…
2 weeks, 5 days ago

Bitcoin at $79,039.34 today — the lowest since Donald Trump was elected US President in November. Here’s why…

Live Mint  

The United State's tariff war and federal job cuts continue to impact the markets and economy, dragging cryptocurrencies down for a second day on March 11, 2025. The slump is more significant as most major cryptos, including Bitcoin, soared last week after Donald Trump kept his poll promise and signed an executive order forming a crypto reserve for the US. …

Opinion: Trump's Strategic Bitcoin Reserve Is Just Another Scam
3 weeks ago

Opinion: Trump's Strategic Bitcoin Reserve Is Just Another Scam

Huff Post  

WASHINGTON – Imagine if President Bill Clinton created a Strategic Beanie Baby Reserve, hoping the ugly dolls could someday pay down the national debt. “They’re just used to gamble.” Even Avik Roy ― once a top policy adviser to Republican presidential nominee Mitt Romney who believes that stockpiling specifically Bitcoin, because of its finite supply and wide acceptance, might be …

Trump says Biden ’foolish’ to sell Bitcoin, his govt taking ’historic’ decision to make US crypto capital - key points
Trending News
3 weeks, 1 day ago

Trump says Biden ’foolish’ to sell Bitcoin, his govt taking ’historic’ decision to make US crypto capital - key points

Live Mint  

US President Donald Trump on Friday said that the Biden administration had sold a hefty amount of Bitcoin and called it a ‘foolish’ decision. “Last year, I promised to make America the Bitcoin superpower of the world and the crypto capital of the planet, and we're taking historic action to deliver on that promise” he said. The summit included crypto …

'Truly amazing': Nobel Prize winning economist warns Trump running 'giant rug pull scam'
3 weeks, 1 day ago

'Truly amazing': Nobel Prize winning economist warns Trump running 'giant rug pull scam'

Raw Story  

Donald Trump’s eyebrow-raising executive order authorizing the United States to establish a strategic reserve of cryptocurrency is the “ultimate celebrity endorsement” that sent Nobel Prize-winning economist Paul Krugman into a stinging rebuke of the president's "scam." “It’s truly amazing because, again, nobody has any idea what you do with, you know – a crypto reserve is just strings of ones …

Trump tells crypto leaders at White House summit he’s committed to helping their industry
Trending News
3 weeks, 2 days ago

Trump tells crypto leaders at White House summit he’s committed to helping their industry

Associated Press  

President Donald Trump said Friday he’s committed to making the U.S. a world leader in cryptocurrencies as industry leaders heaped praise on him for reversing what they said had been unfair attacks on digital assets by the previous administration. “I thought it was very important that we stay in the front of this one,” Trump said at the first-ever White …

Trump’s ‘Strategic Bitcoin Reserve’ Plan Comes With a Twist
55 years, 2 months ago

Trump’s ‘Strategic Bitcoin Reserve’ Plan Comes With a Twist

Wired  

US president Donald Trump has ordered his government to establish two national cryptocurrency reserves set to be worth many billions of dollars. In an executive order signed Thursday, Trump formalized the creation of a “strategic bitcoin reserve,” composed entirely of bitcoin, and a separate “national digital asset stockpile” featuring various other crypto coins. Though it leaves the door open for …

Trump signs executive order establishing 'Strategic Bitcoin Reserve'
Top News
3 weeks, 2 days ago

Trump signs executive order establishing 'Strategic Bitcoin Reserve'

Raw Story  

US President Donald Trump signed an executive order Thursday establishing a "Strategic Bitcoin Reserve," forcefully endorsing a currency once shunned as a tool for money launderers. The government stockpile, which backers liken to a "digital Fort Knox," will be composed of digital currency seized in US criminal proceedings, said David Sacks, the White House's crypto "czar," emphasizing in a social …

Trump pledges support for crypto sector at White House summit
3 weeks, 3 days ago

Trump pledges support for crypto sector at White House summit

NPR  

Trump pledges support for crypto sector at White House summit toggle caption Jim Watson/AFP President Trump invited cryptocurrency advocates to the White House Friday for a summit on digital assets, a first-of-its-kind event aimed at highlighting the significant shift in posture that the Trump administration is taking on crypto compared with its predecessors. The event came hours after Trump signed …

Crypto executives descend on Washington for a victory lap
3 weeks, 3 days ago

Crypto executives descend on Washington for a victory lap

CNN  

A version of this story appeared in CNN Business’ Nightcap newsletter. Friday’s meeting will bring together a tight-knit circle of crypto elite, including Coinbase CEO Brian Armstrong and billionaire tech entrepreneur/bitcoin hype man Michael Saylor, among others. “I think the most important thing that’s going to happen tomorrow is all of us are going to express our gratitude to the …

Trump creates a Strategic Bitcoin Reserve one day ahead of White House crypto summit
Top News
3 weeks, 4 days ago

Trump creates a Strategic Bitcoin Reserve one day ahead of White House crypto summit

CNN  

New York CNN — President Donald Trump established a Strategic Bitcoin Reserve and a stockpile of other digital assets through an executive order on Thursday, shortly before hosting a crypto summit at the White House. “Because there is a fixed supply of BTC, there is a strategic advantage to being among the first nations to create a strategic bitcoin reserve.” …

Trump’s crypto advisers weigh paths to a national stockpile
Top News
3 weeks, 4 days ago

Trump’s crypto advisers weigh paths to a national stockpile

Live Mint  

President Trump wants to build a federal cryptocurrency reserve. The president said Sunday he wanted bitcoin, ether and three smaller tokens in a stockpile similar to the country’s gold reserve. Trump didn’t say whether the reserve would make new crypto purchases or reassign existing holdings seized from criminals. An interagency working group Trump created by executive order is a month …

Donald Trump’s Not-So-Strategic Crypto Reserve
Trending News
55 years, 2 months ago

Donald Trump’s Not-So-Strategic Crypto Reserve

Wired  

Donald Trump provoked a riot of cryptocurrency trading and accusations of favoritism on Sunday after identifying several coins that may feature in a future US strategic crypto reserve. “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group …

Even the crypto bros don’t love Trump’s proposed crypto reserve
3 weeks, 6 days ago

Even the crypto bros don’t love Trump’s proposed crypto reserve

CNN  

A version of this story appeared in CNN Business’ Nightcap newsletter. It’s “wrong to tax me for crypto bro schemes,” tweeted Joe Lonsdale, a tech entrepreneur who described himself in this thread as pro-crypto and broadly supportive of the Trump administration. Another tech executive, Michael Bentley of the UK-based Euler Labs, wrote on X that the reserve idea was a …

Justin Sun, investor in Trump-backed crypto business, gets break in fraud case
3 weeks, 6 days ago

Justin Sun, investor in Trump-backed crypto business, gets break in fraud case

Salon  

Justin Sun spent the remaining months of 2024 purchasing a duct-taped banana for $6.2 million and pumping millions more into a crypto business launched by the Trumps. Last week, lawyers for the SEC and Sun asked a federal judge to pause the civil fraud case "to allow the parties to explore a potential resolution,” according to media outlets that cited …

"The issue that derails his second term": Trump's crypto reserve gets pushback
3 weeks, 6 days ago

"The issue that derails his second term": Trump's crypto reserve gets pushback

Salon  

It's been an up-and-down year for cryptocurrency since President Trump took office, pledging to make the U.S. the "crypto capital of the planet." So when he made his latest pro-crypto announcement, posting on Sunday that the U.S. government would purchase and hold digital tokens in a "Crypto Strategic Reserve," prices briefly surged. “It’s a pure transfer of wealth to certain …

Even the crypto bros don’t love Trump’s proposed crypto reserve
3 weeks, 6 days ago

Even the crypto bros don’t love Trump’s proposed crypto reserve

CNN  

A version of this story appeared in CNN Business’ Nightcap newsletter. It’s “wrong to tax me for crypto bro schemes,” tweeted Joe Lonsdale, a tech entrepreneur who described himself in this thread as pro-crypto and broadly supportive of the Trump administration. Another tech executive, Michael Bentley of the UK-based Euler Labs, wrote on X that the reserve idea was a …

Crypto's Next Bubble Will Be Politically Motivated
3 weeks, 6 days ago

Crypto's Next Bubble Will Be Politically Motivated

Bloomberg  

Donald Trump is known for loving 19th-century President William McKinley, whom he credits for improving the US “through tariffs and through talent.” Now there’s another connection. Trump’s proposed national reserve of cryptocurrencies, including Bitcoin and memecoin-focused Solana, is reminiscent of the fight for a monetary system backed by both silver and gold in McKinley’s day. Still, his language goes beyond …

Trump sends crypto prices on a short-lived surge after announcement of strategic government reserve
3 weeks, 6 days ago

Trump sends crypto prices on a short-lived surge after announcement of strategic government reserve

Associated Press  

▶ Follow live updates on President Donald Trump and his new administration. Cryptocurrency prices briefly jumped after President Donald Trump’s surprise announcement he wants the U.S. government to purchase and hold a variety of digital assets in a strategic reserve fund, an announcement that highlights Trump’s growing attempts to use volatile cryptocurrency prices as a barometer of his public support. …

Crypto market swells $500 billion as Trump unveils strategic reserve
Trending News
3 weeks, 6 days ago

Crypto market swells $500 billion as Trump unveils strategic reserve

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The crypto market has surged by more than half a trillion dollars after …

Crypto prices see surge after Trump reveals names of five coins for 'crypto reserve'
3 weeks, 6 days ago

Crypto prices see surge after Trump reveals names of five coins for 'crypto reserve'

Firstpost  

The prices of three crypto coins mentioned in Trump’s first post jumped by 62 per cent on Sunday. Meanwhile, Bitcoin and Ethereum also jumped by more than 10 per cent each The market prices of five cryptocurrencies shot up after US President Donald Trump revealed the names of five coins that he’d like to be included in the new strategic …

'Issue that derails his second term': Trump move met with allegation of 'naked corruption'
4 weeks ago

'Issue that derails his second term': Trump move met with allegation of 'naked corruption'

Raw Story  

Donald Trump over the weekend made a major announcement about cryptocurrency, leading onlookers to accuse the President of "naked corruption." "A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve …

Bitcoin up by 7%, Cardano jumps by 47% on Trump's US crypto reserves news
Trending News
4 weeks ago

Bitcoin up by 7%, Cardano jumps by 47% on Trump's US crypto reserves news

India Today  

US President Donald Trump’s March 2 announcement about the creation of a US Crypto Strategic Reserve created a stir in the crypto world. In a Truth Social post, Trump stated that his January executive order on digital assets would establish a reserve consisting of XRP, Solana, and Cardano, apart from Bitcoin, and Ethereum. As a result, on March 3, the …

Bitcoin market rout worsens as investors ‘flood to the exits’
1 month ago

Bitcoin market rout worsens as investors ‘flood to the exits’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Kathleen Brooks, an analyst at finance firm XTB, said: …

Presidential meme coins should be against the law, House Democrat says
1 month ago

Presidential meme coins should be against the law, House Democrat says

Associated Press  

California Democrat Rep. Sam Liccardo, a freshman congressman who represents Silicon Valley, said he’s surprised the first piece of legislation he’s sponsoring takes aim at President Donal Trump’s meme coin. “That behavior is so self-evidently unethical that it raises the question why isn’t there a clear enough prohibition,” he said, adding that Trump’s meme coin raises concerns about transparency, insider …

Why the billionaire class is kissing Trump’s proverbial ring
1 month, 1 week ago

Why the billionaire class is kissing Trump’s proverbial ring

Al Jazeera  

Despite all beliefs to the contrary, the billionaires who have been seen in President Donald Trump’s orbit since he won the presidency for a second time last November are not mere sycophants to his regime. In explaining her decision to resign from the Post, Telnaes wrote, “Owners of such press organizations are responsible for safeguarding that free press – and …

Here’s How Trump Has Become The First Unofficial ‘Crypto President’
1 month, 1 week ago

Here’s How Trump Has Become The First Unofficial ‘Crypto President’

Huff Post  

LOADING ERROR LOADING Donald Trump has leaned into his unofficial role as the “crypto president” in ways that can both help the crypto industry and enrich himself and his family. The cryptocurrency industry, which spent heavily to help Trump win last year’s election, has expressed mixed feelings about some of his crypto ventures. Here’s a by-the-numbers look at Trump’s crypto …

Coins, watches and more: A look at Trump’s crypto-related ventures, by the numbers
Trending News
1 month, 1 week ago

Coins, watches and more: A look at Trump’s crypto-related ventures, by the numbers

Associated Press  

Donald Trump has leaned into his unofficial role as the “ crypto president ” in ways that can both help the crypto industry and enrich himself and his family. The cryptocurrency industry, which spent heavily to help Trump win last year’s election, has expressed mixed feelings about some of his crypto ventures. Here’s a by-the-numbers look at Trump’s crypto ties: …

$Trump meme coin investors lose $2 billion in less than a month; How are $Melania, Bitcoin performing?
1 month, 2 weeks ago

$Trump meme coin investors lose $2 billion in less than a month; How are $Melania, Bitcoin performing?

Live Mint  

Donald Trump’s cryptocurrency $Trump has turned out to be a bad investment for thousands of investors who rode the high tide, putting their money in the memecoin launched three days before the US President’s inauguration in January. The 59,71,750 tokens at their launch were priced at 18 cents each, but quickly rose to over $75 just before Donald Trump took …

Expert flags curious timing of Trump purge as 'crypto scheme' investors lose billions
1 month, 2 weeks ago

Expert flags curious timing of Trump purge as 'crypto scheme' investors lose billions

Raw Story  

President Donald Trump's dismantling of the Consumer Financial Protection Bureau is almost certainly illegal under the separation of powers — but, wrote former Labor Secretary Robert Reich in a lengthy post to Facebook, even beyond that, the timing of the move raises suspicions. "Thousands of investors in Trump’s crypto scheme lost $2 billion in just weeks while the Trump Organization …

'Lottery ticket': Crypto investors brace for bumpy ride under Trump
1 month, 3 weeks ago

'Lottery ticket': Crypto investors brace for bumpy ride under Trump

Raw Story  

by Lucie LEQUIER Nick was enjoying his Saturday off work in Pennsylvania when he received an unexpected and alarming message: cryptocurrencies, buoyed since Donald Trump's November 5 election win, were in freefall. "I clicked on it and watched it for like a minute just drop straight down," the 28-year-old American construction worker, who asked for anonymity because of sensitivities around …

Trump’s tariff threat sends crypto prices falling, including his own meme coin
1 month, 3 weeks ago

Trump’s tariff threat sends crypto prices falling, including his own meme coin

The Hindu  

Cryptocurrency prices took a hit from the prospect of a trade war between the U.S. and its major trading partners, with some well-known digital assets and President Donald Trump's own meme coin taking big hits. The world’s most popular cryptocurrency fell to about $92,000 Sunday night before rebounding back over $100,000 Monday afternoon following Trump's announcement of a pause on …

Trump meme coins plummeted amid tariff turbulence
1 month, 3 weeks ago

Trump meme coins plummeted amid tariff turbulence

Salon  

Donald Trump's fast-changing plans for tariffs not only upended markets around the globe — they also affected the meme coin industry he and his family have joined. The digital coins plummeted in value last weekend, according to CNBC, as Trump signed executive orders for tariffs on American's three largest trading partners. “Every coin that recently rallied through January, including memes …

Trump’s tariff threat sends crypto prices falling, including his own meme coin
Top News
1 month, 3 weeks ago

Trump’s tariff threat sends crypto prices falling, including his own meme coin

Associated Press  

Cryptocurrency prices took a hit from the prospect of a trade war between the U.S. and its major trading partners, with some well-known digital assets and President Donald Trump’s own meme coin taking big hits. The world’s most popular cryptocurrency fell to about $92,000 Sunday night before rebounding back over $100,000 Monday afternoon following Trump’s announcement of a pause on …

Crypto market chaos as Trump triggers half-trillion dollar crash
1 month, 3 weeks ago

Crypto market chaos as Trump triggers half-trillion dollar crash

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The tariffs impacted stock markets throughout Europe, Asia and the US, though certain cryptocurrencies were hit particularly …

'We are the marks': Some Trump fans feel they've been had after 'Ponzi' meme coin release
1 month, 4 weeks ago

'We are the marks': Some Trump fans feel they've been had after 'Ponzi' meme coin release

Raw Story  

President Donald Trump's official meme coin isn't just rubbing some cryptocurrency executives the wrong way -- it's also annoying some of his run-of-the-mill MAGA supporters. Many MAGA fans on the subreddit believed that Trump's meme coin was a quick cash-grab at the expense of his fans, many of whom may have plugged significant chunks of cash into it early on, …

Early Investors in Donald Trump’s Memecoin May Have Been Tipped Off, Experts Claim
1 month, 4 weeks ago

Early Investors in Donald Trump’s Memecoin May Have Been Tipped Off, Experts Claim

Wired  

At 02:01:33 am UTC on January 18, a crypto trader identified only by their wallet address—an alphanumeric string ending in J9tXv—purchased $1.1 million worth of TRUMP, a new cryptocurrency launched by US president Donald Trump. Though new crypto coins are frequently traded in the minutes after launch, the willingness of J9tXv and others to wager such large sums on TRUMP …

Bitcoin just made Trump billions. But how much will it cost all of us?
2 months ago

Bitcoin just made Trump billions. But how much will it cost all of us?

The Independent  

If you’ve never heard of cryptocurrencies before, stop now. The Energy Information Administration believes it’s putting a massive strain on local power grids, especially at peak times, and estimates that it could represent up to 2.3 per cent of national electricity consumption. If you didn’t watch Trump’s two-part inauguration, you might have missed “Pastor Zo”, more formally known as Rev …

Trump Bitcoin news: I spent a night with crypto bros thrilled about Trump's return. I can't believe what they want now.
2 months ago

Trump Bitcoin news: I spent a night with crypto bros thrilled about Trump's return. I can't believe what they want now.

Slate  

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Hence got, I made my way to the bar’s backroom for a panel called “Coin Based: Concepts of a Plan for Nation-State Bitcoin Adoption.” “My how things have changed,” read the online event page. “From now on the rules …

'He's in on the racket': Watchdog slams Trump's crypto executive order
2 months ago

'He's in on the racket': Watchdog slams Trump's crypto executive order

Raw Story  

Following a torrent of executive orders issued in his first few days back in the White House, U.S. President Donald Trump added another one to the list Thursday, this time aimed at promoting U.S. leadership in cryptocurrency — an industry he now holds a considerable stake in. Co-president of the watchdog group Public Citizen, Robert Weissman, decried the move, writing …

Trumps want you to buy their meme coins — but history should make us cautious about hype
2 months ago

Trumps want you to buy their meme coins — but history should make us cautious about hype

Raw Story  

Emmanuel Mogaji, Keele University Just before assuming office as the 47th president of the United States, Donald Trumpintroduced his meme coin – $Trump. Trump venturing into meme coins is perhaps not surprising, given his history of branding everything from sneakers to bibles. The rise of meme coins, including the Trump ventures, bears similarities to the frenzy surrounding these past phenomena. …

Inside Trump's crypto scheme and the real reason for $Trump coins
2 months ago

Inside Trump's crypto scheme and the real reason for $Trump coins

Raw Story  

Both Spiro Agnew and Richard Nixon took cash bribes while in the White House and before. Remember, back in 2000, when he was first seriously considering running for president, he said: “It’s very possible that I could be the first presidential candidate to run and make money on it.” After his son-in-law got $2 billion from Saudi Arabia, though, and …

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