Bulwark Takes

Trump’s BIGGEST Grift Yet—We Have RECEIPTS!

Apr 18, 2025
Molly White, a software engineer and cryptocurrency researcher, joins Tim Miller to discuss the murky interplay between Trump and the crypto industry. They uncover how Trump's business interests thrive amid regulatory rollbacks, potentially jeopardizing public protections. The conversation highlights Truth Media's controversial financial ventures and the complex ties between crypto and global politics, especially regarding China and Russia. With a focus on meme coins linked to Trump and Melania, they emphasize the looming risks of deregulation in the crypto landscape.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Trump's Crypto Power Play

  • Trump and his family are expanding business interests deeply into cryptocurrency, profiting significantly while influencing deregulation.
  • Regulatory enforcement actions against crypto companies are being dropped, creating vast opportunities for corruption and profit.
INSIGHT

Regulatory Favor Benefits Crypto Giants

  • Several major crypto companies like Ripple, Coinbase, Binance, and Crypto.com benefit from regulatory leniency with enforcement cases dismissed or stayed.
  • This leniency increases the value of Trump's crypto ventures by fostering a lax environment for these companies.
ANECDOTE

Direct Business Deals with Crypto Firms

  • The Trump-associated World Liberty Financial Project owns a stable coin and negotiates with Binance to list it while Binance sheds compliance monitors.
  • Crypto.com also partnered with Trump Media Group, shortly before the SEC dropped investigations against them.
Get the Snipd Podcast app to discover more snips from this episode
Get the app