Close Menu
FlashBuzzNews – Breaking News on Sports, Crypto, Economy & Business
  • Home
  • Bitcoin
  • Business
  • Crypto
  • Economy
  • Finance
  • Invest
  • Market
  • Money
  • News
  • Sports
What's Hot

Coinbase Is Buying Bitcoin, Just Don’t Call It a Treasury Strategy.

May 10, 2025

Bitcoin Tops $100,000 Again. Is the Leading Cryptocurrency Entering a New Bull Market Cycle?

May 10, 2025

The key issues and who stands to benefit

May 10, 2025
Facebook X (Twitter) Instagram
Trending
  • Coinbase Is Buying Bitcoin, Just Don’t Call It a Treasury Strategy.
  • Bitcoin Tops $100,000 Again. Is the Leading Cryptocurrency Entering a New Bull Market Cycle?
  • The key issues and who stands to benefit
  • Dogecoin Surges 10%, Bitcoin Nears $104K Amid Renewed ‘Risk-on’ Sentiment
  • Foreign tourist boycott begins, as businesses brace for impact
  • Is the Cryptocurrency XRP (Ripple) a Millionaire-Maker?
  • As Trump’s Tariffs Rock The Market, Sports Team Owners Have Nothing To Fear
  • Reddit user nailed $100K Bitcoin call in 2014 — but missed the payday
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram
FlashBuzzNews – Breaking News on Sports, Crypto, Economy & BusinessFlashBuzzNews – Breaking News on Sports, Crypto, Economy & Business
Sunday, May 11
  • Home
  • Bitcoin
  • Business
  • Crypto
  • Economy
  • Finance
  • Invest
  • Market
  • Money
  • News
  • Sports
FlashBuzzNews – Breaking News on Sports, Crypto, Economy & Business
Home » Trump’s personal crypto profits are no coincidence

Trump’s personal crypto profits are no coincidence

adminBy adminMay 7, 2025 Crypto No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


There’s no longer any question: President Donald Trump and his family are profiting from cryptocurrency ventures while he holds the highest office in the country.

The numbers speak for themselves.

The Trump family’s net worth has ballooned by $2.9 billion in just six months, with nearly 40% of that now tied to crypto assets.

These include meme coins like $TRUMP and $MELANIA and a controlling stake in World Liberty Financial (WLF), a decentralized exchange launched during his second run for office.

The ethical red flags are hard to miss.

WLF has received a $2 billion boost from an Emirati-backed investment fund, MGX, which plans to use the Trump-affiliated USD1 stablecoin to complete a major deal with Binance.

A Trump-linked group owns 60 percent of WLF, 22.5 billion $WLF tokens, and receives 75 percent of future token revenue. The Trump family is not just gaining on paper. They can earn real money from trading fees and private deals.

The appearance of impropriety isn’t just theoretical. Since Trump took office again, the administration has paused multiple SEC investigations into crypto firms. The timing of these rollbacks coincides eerily with a surge in the price of $TRUMP and the sudden dismissal of legal action against WLF investor Justin Sun.

Sun dumped $75 million into WLF just before the inauguration, and a month later, the SEC called for a pause in his fraud case.

Let’s not forget the $TRUMP coin “dinner.”

The top 220 coin holders are being promised a reception, dinner, and White House tour with special access for the top 25. This isn’t just tacky, it’s a direct sale of proximity to the president.

The more $TRUMP you buy, the closer you get. The token’s value surged over 50% after this announcement, meaning Trump himself, whose business holds a massive portion of the coin, profited from his promise of access. If this isn’t textbook corruption, what is?

To be clear, Trump is not subject to criminal conflict-of-interest laws. But he is subject to the Ethics in Government Act, which requires asset disclosures. His next report is due May 15. In my opinion, Americans deserve full transparency.

Supporters, like CoinFund president Chris Perkins, have dismissed criticism as political posturing. “If we’re banning stablecoins because Trump has a project, we might as well ban real estate too,” he said.

But that argument misses the point. This isn’t about disliking Trump’s business ventures. It’s about the unprecedented scale of overlap between presidential power and personal financial gain, particularly in a market as opaque as crypto.

Senator Elizabeth Warren put it bluntly, “The Senate shouldn’t pass a crypto bill this week to facilitate this kind of corruption.”

The integrity of crypto markets and American democracy is at stake. If Congress proceeds with digital asset legislation while the sitting president and his family are poised to benefit, it undermines faith in both institutions.

The crypto industry should want regulation, but not one written under the shadow of a $2 billion foreign-backed deal with the president’s family.

Disclaimer: The views and opinions expressed in this article are solely those of the author and do not necessarily reflect the views of TheStreet Crypto. This piece is for informational purposes only and should not be considered financial or investment advice.



Source link

admin
  • Website

Keep Reading

Coinbase Is Buying Bitcoin, Just Don’t Call It a Treasury Strategy.

Bitcoin Tops $100,000 Again. Is the Leading Cryptocurrency Entering a New Bull Market Cycle?

Dogecoin Surges 10%, Bitcoin Nears $104K Amid Renewed ‘Risk-on’ Sentiment

Is the Cryptocurrency XRP (Ripple) a Millionaire-Maker?

Reddit user nailed $100K Bitcoin call in 2014 — but missed the payday

Fed holds steady, Bitcoin climbs and Ethereum rolls out major upgrade

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Trump, in a major concession, says the tariff on China should be 80% — but will leave it up to Bessent

May 9, 2025

The US-UK trade agreement was the easy part. China will be exponentially harder

May 9, 2025

One trade ‘deal’ done, 199 to go

May 8, 2025

The Bank of England cuts interest rates as tariffs endanger global economic growth

May 8, 2025
Latest Posts

Coinbase Is Buying Bitcoin, Just Don’t Call It a Treasury Strategy.

May 10, 2025

Bitcoin Tops $100,000 Again. Is the Leading Cryptocurrency Entering a New Bull Market Cycle?

May 10, 2025

Dogecoin Surges 10%, Bitcoin Nears $104K Amid Renewed ‘Risk-on’ Sentiment

May 10, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Welcome to Flash Buzz News, your go-to source for the latest updates on sports, money, economy, investing, and business. We are dedicated to delivering timely, accurate, and insightful news to keep you informed in today’s fast-paced world.

Facebook X (Twitter) Instagram Pinterest YouTube

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 flashbuzznews. Designed by flashbuzznews.

Type above and press Enter to search. Press Esc to cancel.