Trump's Crypto Support Sparks Concerns Amidst Growing Investment
TL;DR Summary
The article discusses Donald Trump's recent involvement in the crypto industry, notably launching his memecoin $TRUMP which initially surged to a valuation of over $75 billion but has since declined significantly. It highlights concerns about conflicts of interest, ethical issues surrounding events like a gala dinner for $TRUMP holders, and the broader influence of crypto money in politics, including substantial donations to election campaigns. The piece warns about the risks of industry insiders shaping regulations and the ongoing integration of crypto into political and financial spheres.
- Trumpworld’s embrace of crypto should raise suspicion The Spectator World
- Crypto wins a champion in the White House Financial Times
- Trump administration ramps up push as crypto ally The Washington Post
- As economists warn tariff policies are hammering the dollar, Trump family invests heavily in crypto PBS
- Trump’s week of crypto embrace continues despite ethics red flags Politico
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