What A Day Are Trump’s Crypto Ventures Corrupt
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May 28, 2025 Allison Morrow, a senior writer for CNN Business, dives into the Trump family's significant investments in cryptocurrency and the ethical implications behind them. She discusses how their involvement raises concerns about conflicts of interest in an unregulated market. Morrow explores the shift from skepticism to opportunism in crypto by political figures and highlights potential foreign exploitation risks. The episode also touches on broader issues like vaccination policies and international relations, painting a picture of the intertwining of politics and finance.
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Trump's Crypto Revenue Tactics
- The Trump family has multiple crypto ventures that generate revenue through transaction fees and holdings.
- They exploit the complexity and obscurity of crypto to accumulate wealth and influence.
Exclusive Crypto Dinner Influence
- The Trump crypto dinner included top holders who paid millions, including Justin Sun, a controversial billionaire.
- Sun's legal issues eased after aligning with Trump, highlighting beneficial political ties.
Crypto's Scale and Risks for Trump
- Trump's meme coin is traded heavily despite lacking real utility, generating huge transaction fee income.
- Crypto's anonymity enables large-scale, hard-to-trace foreign influence and money laundering risks.