The Ezra Klein Show

The Growing Scandal of $TRUMP

1168 snips
May 28, 2025
Zeke Faux, an investigative reporter at Bloomberg and author of "Number Go Up," dives deep into the controversial world of the Trump family's cryptocurrency ventures. He reveals how their crypto activities blur the lines of legality while exploiting the chaos of political corruption. Faux discusses the booming market for Trump's NFTs, the implications of World Liberty Financial, and the ethical dilemmas of linking political access to financial gains. Listeners will be captivated by the murky intersection of politics and crypto that continues to evolve.
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INSIGHT

Muzzle Velocity Corruption

  • The Trump family's crypto empire operates at 'muzzle velocity,' overwhelming media coverage with complexity and speed.
  • Their numerous crypto ventures make it almost impossible to track the corruption risks involved.
ANECDOTE

Trump's Heroic NFT Cards

  • Trump launched digital NFT trading cards showing him as heroic figures, such as an astronaut or hunter.
  • These 200,000 cards sold for $99 each, netting an estimated $20 million for Trump and partners.
INSIGHT

Bitcoin Lobbying Strategy

  • Bitcoin enthusiasts strategized to influence Trump by making large maximum-contribution donations.
  • Their goal was to have the U.S. government buy Bitcoin, driving its price to a million dollars.
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