
'Issue that derails his second term': Trump move met with allegation of 'naked corruption'
Raw StoryDonald 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 that includes XRP, SOL, and ADA. Bloomberg columnist Matthew Yglesias said, "Sorry poor people, no money left for your Medicaid we had to give it to David Sacks so he can use it to manipulate the crypto market for the benefit of handpicked insiders." Prominent Kamala Harris advocate Armand Domalewski said, "Trump today announced a plan for the United States government to buy exactly the five cryptocurrencies that his crypto advisor, David Sachs, holds." Former George W. Bush speechwriter David Frum chimed in, "There's a reason they didn't want the SEC investigating insider trading and self dealing in the crypto scam."
History of this topic

Trump is all in on crypto. So are the scammers
Salon
Trump’s crypto empire set to expand with new stablecoin and investment fund offerings
Associated Press
Donald Trump vows to make US ‘Undisputed Bitcoin Superpower’ at Crypto Summit
Live Mint
Trump’s Strategic Bitcoin Reserve: What It Means for Crypto
Deccan Chronicle
Decoding Trump’s Strategic Bitcoin Reserve: How Will It Work?
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Trump's bitcoin reserve a 'digital Fort Knox'
Raw Story
U.S. creates strategic bitcoin reserve worth $17 billion
Firstpost
Top Trump official’s crypto ties raise red flags as the administration peddles digital assets
CNN
Bitcoin at $79,039.34 today — the lowest since Donald Trump was elected US President in November. Here’s why…
Live Mint
The fool’s gold of a crypto reserve
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Trump’s crypto reserve: An odd idea with a silver lining for the world
Live Mint
Opinion: Trump's Strategic Bitcoin Reserve Is Just Another Scam
Huff Post
Trump says Biden ’foolish’ to sell Bitcoin, his govt taking ’historic’ decision to make US crypto capital - key points
Live Mint
Crypto leaders meet at Trump’s summit with strategic reserv
Live Mint
'Truly amazing': Nobel Prize winning economist warns Trump running 'giant rug pull scam'
Raw Story
Trump tells crypto leaders at White House summit he’s committed to helping their industry
Associated Press
Trump’s ‘Strategic Bitcoin Reserve’ Plan Comes With a Twist
Wired
Live updates: Trump administration; White House crypto summit news
CNN
Trump hosts White House crypto summit day after signing ‘strategic bitcoin reserve’ order
Firstpost
The Polarizing Crypto Executive Who Wooed His Way Into Trump’s Orbit
Hindustan Times
Bitcoin prices fall after Donald Trump’s executive order for strategic bitcoin reserve disappoints market
Live Mint
What is Donald Trump’s Strategic Bitcoin Reserve and which cryptocurrencies have been added
Live Mint
Trump signs executive order establishing 'Strategic Bitcoin Reserve'
Raw Story
Trump signs executive order to establish government bitcoin reserve
Deccan Chronicle
Trump signs executive order to establish government bitcoin reserve
Associated Press
Donald Trump signs executive order to form US strategic bitcoin reserve; what we know so far
Live Mint
Crypto executives descend on Washington for a victory lap
CNN
Donald Trump's US Strategic Bitcoin Reserve. All you need to know
India Today
Bitcoin prices fall 5% after Donald Trump orders US strategic reserve
India Today
Trump signs executive order to create 'Strategic Bitcoin Reserve': Here's all you need to know
India TV News
Trump pledges support for crypto sector at White House summit
NPR
What to know about Trump’s plans for a ‘Strategic Bitcoin Reserve’
LA Times
Trump to welcome crypto elite at White House
Raw Story
Trump creates a Strategic Bitcoin Reserve one day ahead of White House crypto summit
CNN
Trump’s crypto advisers weigh paths to a national stockpile
Live Mint
The five cryptocurrencies Trump wants the US to hold in reserve
The Hindu
Which are the 5 cryptocurrencies Trump wants in strategic govt reserve? Details here
Hindustan Times
Donald Trump’s Not-So-Strategic Crypto Reserve
Wired
Bitcoin dips 10% on Donald Trump’s strategic crypto reserve move; other cryptos down 20%
Live Mint
Even the crypto bros don’t love Trump’s proposed crypto reserve
CNN
Even the crypto bros don’t love Trump’s proposed crypto reserve
CNN
4 things to know about Trump's plan for a 'crypto strategic reserve'
NPR
"The issue that derails his second term": Trump's crypto reserve gets pushback
Salon
Crypto's Next Bubble Will Be Politically Motivated
Bloomberg
Trump Preparing Potentially Biggest Giveaway To Superrich Since Robber Baron Days
Huff Post
Bitcoin prices drop nearly 4% since Donald Trump’s Crypto Strategic Reserve move
Live Mint
Trump sends crypto prices on a short-lived surge after announcement of strategic government reserve
Associated Press
Crypto market swells $500 billion as Trump unveils strategic reserve
The Independent
Bitcoin jumps 10% after Trump names cryptos for strategic reserve
Live Mint
Crypto prices see surge after Trump reveals names of five coins for 'crypto reserve'
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