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 his companies made an estimated $2.4 billion during his last presidency, it appears that Trump decided the small stuff was for pikers so he’s going to crank the door wide open to serious tens-of-billions-of-dollars money. A “fungible crypto asset” like the new $TRUMP coin is essentially a digital picture that’s limited in its issue to a certain number of items. How much this contributed to the ruin of the ancient commonwealths has been already delineated.” This led to the Constitution containing the Foreign Emoluments Clause, Article I, Section 9, Clause 8, that explicitly says: “o Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.” Interestingly, Alexander Hamilton believed the clause didn’t apply to the president or vice president; when he was Secretary of the Treasury, the Senate asked him to clarify by submitting a list of office holders who were subject to the clause’s provisions. With the $TRUMP coin vehicle that enables foreign governments, princes, and even domestic billionaires or companies to shovel millions or even billions directly into Trump’s pockets, it appears that he’s decided to leave his working class MAGA followers in the dust and redirect his efforts toward the truly morbidly rich.

History of this topic

Trump is all in on crypto. So are the scammers
Trending News
2 days, 19 hours ago
Trump’s crypto empire set to expand with new stablecoin and investment fund offerings
3 days ago
Trump Media inks deal with Crypto.com: How will Singaporean firm create 'made-in-America' ETFs?
3 days, 8 hours ago
How to Doge the system: The strange rise and rise of the meme coin
1 week ago
Top Trump official’s crypto ties raise red flags as the administration peddles digital assets
2 weeks, 1 day ago
Bitcoin at $79,039.34 today — the lowest since Donald Trump was elected US President in November. Here’s why…
2 weeks, 3 days ago
Trump’s ‘Strategic Bitcoin Reserve’ Plan Comes With a Twist
55 years, 2 months ago
Trump pledges support for crypto sector at White House summit
3 weeks ago
What to know about Trump’s plans for a ‘Strategic Bitcoin Reserve’
3 weeks ago
Trump creates a Strategic Bitcoin Reserve one day ahead of White House crypto summit
Top News
3 weeks, 1 day ago
Trump’s crypto advisers weigh paths to a national stockpile
Top News
3 weeks, 2 days ago
Which are the 5 cryptocurrencies Trump wants in strategic govt reserve? Details here
3 weeks, 2 days ago
Donald Trump’s Not-So-Strategic Crypto Reserve
Trending News
55 years, 2 months ago
"The issue that derails his second term": Trump's crypto reserve gets pushback
3 weeks, 3 days ago
Crypto's Next Bubble Will Be Politically Motivated
3 weeks, 3 days ago
Crypto prices see surge after Trump reveals names of five coins for 'crypto reserve'
3 weeks, 4 days ago
Bitcoin, Ethereum prices spike after Trump names cryptocurrencies in strategic reserve
3 weeks, 5 days ago
Here’s How Trump Has Become The First Unofficial ‘Crypto President’
1 month, 1 week ago
Coins, watches and more: A look at Trump’s crypto-related ventures, by the numbers
Trending News
1 month, 1 week ago
$Trump meme coin investors lose $2 billion in less than a month; How are $Melania, Bitcoin performing?
1 month, 2 weeks ago
Trump's crypto company launches strategic 'token reserve'
1 month, 2 weeks ago
Expert flags curious timing of Trump purge as 'crypto scheme' investors lose billions
1 month, 2 weeks ago
Why does Trump want a US sovereign wealth fund?
1 month, 3 weeks ago
Trump meme coins plummeted amid tariff turbulence
1 month, 3 weeks ago
Crypto market chaos as Trump triggers half-trillion dollar crash
1 month, 3 weeks ago
'We are the marks': Some Trump fans feel they've been had after 'Ponzi' meme coin release
1 month, 4 weeks ago
Bitcoin just made Trump billions. But how much will it cost all of us?
1 month, 4 weeks ago
'It makes it all look corrupt': Trump-supporting exec turns on him over 'cash grab'
2 months ago
Trumps want you to buy their meme coins — but history should make us cautious about hype
2 months ago
Donald Trump forms cryptocurrency working group to reform US digit asset regulations, including banking services
2 months ago
Republicans Look The Other Way As Trump Profits Off Crypto Cash Grab
2 months ago
The Trump Cryptonaissance Is Here
55 years, 2 months ago
The First Big Trump Scam Is Already Blowing Up in Everyone’s Faces
2 months ago
How Donald Trump's meme coins threaten the legitimacy of cryptocurrency
2 months ago
'Whizbang Ponzi scheme': Analyst warns foreign bribes can flow through Trump crypto
2 months ago
Trump’s embrace of meme coin sours mood in crypto industry
Trending News
2 months ago
'General level of disgust': Crypto insiders reveal Trump's 'scam' to 'enrich himself'
2 months, 1 week ago
$TRUMP coin crashes 20% today; $MELANIA hits all-time low
2 months, 1 week ago
'No intrinsic value': CNN reporter breaks down Trump's crypto scheme
2 months, 1 week ago
Can the £11bn $Trump and $Melania meme coins make you a fortune? The world's top crypto experts tell us the VERY surprising truth...
Trending News
2 months, 1 week ago
$TRUMP and $MELANIA meme coins: Trump’s new crypto coin sparks ethics concerns
2 months, 1 week ago
Donald Trump's meme coin soars on his first day in office, lifts up other cryptocurrencies
2 months, 1 week ago
Trump meme coin crash: Melania down from $2 billion to $790 million market cap, Trump halves gain to below $7 billion
2 months, 1 week ago
The Trump Memecoin's 'Money-Grab' Economics
Trending News
55 years, 2 months ago
$TRUMP meme coin crosses $10-billion market cap after Donald Trump gets sworn in as 47th US President
2 months, 1 week ago
The Donald Trump 2.0 Grift Is Already On
Top News
55 years, 2 months ago
Trump’s new meme coin tops $10 billion market cap as he returns to office
Top News
2 months, 1 week ago
Even Trump-supporting crypto investors think his meme coin is ‘absolutely preposterous’
2 months, 1 week ago
Bitcoin celebrates Trump inauguration with record high of over $109,000
2 months, 1 week ago

Discover Related