The president’s hawking of $Trump memecoin has sparked a firestorm of criticism over potential influence buying
Donald Trump’s push to sharply ease oversight of the cryptocurrency industry, while he and his sons have fast expanded crypto ventures that have reaped billions of dollars from investors including foreign ones, is raising alarm about ethical and legal issues.
Watchdog groups, congressional Democrats and some Republicans have levelled a firestorm of criticism at Trump for hawking his own memecoin $Trump, a novelty crypto token with no inherent value, by personally hosting a 22 May dinner at his Virginia golf club for the 220 largest buyers of $Trump and a private “reception” for the 25 biggest buyers.
To attend the two events, the $Trump buyers spent about $148m, which will benefit Trump and partners, according to the crypto firm Inca Digital.
… raises ethics alarm.
If your carbon monoxide detector had the same sensitivity as your ethics alarm, you’d be dead.
You know what sucks? Even if they were thrown out of office now, look at all they’ve plundered. Nothing short of a class war will end their influence.
Wake me up when Congress does something.
i love how the media changes the definition of words and phrases. “ALARM,” “DISTURBED,” “OUTCRY,” “UPROAR,” etc etc now specifically mean trump and/or GOP have yet again done something definitively fucked up, and literally nothing is going to be done about it
Unprecedented!
i knew i was missing one, and that can’t be the only one
Inconceivable!
He and Melania have already done a crypto scam
The news should be talking about paths twoards imprisonment
And asset forfeiture. Hit ‘em where it’ll hurt ‘em the most!
to sharply ease oversight
That sounds like an oxymoron.
Alarms where blaring back in 2016 yet here we are.
Everything Trump does raises alarms that America is becoming more and more fascist, yet it keeps being allowed to happen
In related news, DOGE has decreed that all Federal workers will be paid in Trump Bucks.
