#crypto trump corruption

[republicansaredomesticterrorists]

[saywhat-politics]

'Met Gala of pay-for-play’: Trump crypto dinner is brazenly corrupt, says Hayes

Trump’s $1 million-per-seat secret dinner is “the most brazen act of corruption by a president in our lifetimes, probably in a century, possibly ever,” says Chris Hayes. “Call it the Met Gala of presidential pay-for-play.”

[michaelpaul7]

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Justin Sun was being investigated until he bought into Trump's crypto scam....

👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇

https://www.reuters.com/world/us/trump-draws-global-crypto-investors-with-148-million-meme-coin-dinner-2025-05-22/

[justinspoliticalcorner]

Dean Obeidallah at The Dean's Report:

There must be corrupt dictators in other countries jealous of Donald Trump. After all, in just three months, Trump has turned the American presidency into a corrupt enterprise that has made himself—and his family--literally billions of dollars. From a crypto coin scam where the top 220 holders of the “$TRUMP” meme coin will get an "intimate private dinner" with Trump to his trip this week to visit Middle Eastern countries that his sons recently made business deals with to being on the verge of accepting a luxury jet valued at $400 million as a gift from the royal family of Qatar. Sure, we had Presidents who were involved in scandals from Watergate to the Tea Pot Dome to The Whiskey Ring and more. In those cases, however, there was not even an allegation the President had personally profited. But In Trump’s case, there’s no dispute he’s personally raking in money that will line his pockets and his families. For starters, the most brazen example of Trump’s corruption is the “$TRUMP” meme coin. In late April, as the stock market was tanking because of Trump’s dangerous trade war, Trump announced that the coin’s top 220 holders would be invited to a private gala dinner with him on May 22 at the Trump National Golf Club,. But wait there’s more. The top 25 holders of the coin would also be treated to “an ultra-exclusive VIP reception with the president.” As you would imagine, the price of the Trump currency jumped in profit by more than 60 percent. To be clear--as the NY Times reported—"the president personally profits every time the price increases” given the way that Trump owns a large chunk of the coins himself.

Noah Bookbinder, executive director of Citizens for Responsibility and Ethics called this scam: “Unbelievable.” Bookbinder summed up this scam perfectly saying Trump is “auctioning off access to the presidency.” He added that given that owners of the Trump coins can shield their identity, “we don’t know everyone who is spending money at his properties.” But we can be assured that Trump will know who is making him money and given Trump’s history he will reward them. Meanwhile, Trump’s Justice Department announced last month they are disbanding a unit dedicated to investigating cryptocurrency-related fraud and the S.E.C. issued official guidance saying meme coins like Trump’s will not be subject to oversight by the agency. You have to be f**king kidding me?!! Then there is Trump’s trip this week to Saudi Arabia, the United Arab Emirates (U.A.E.) and Qatar. As the Wall Street Journal reported, these three nations all “stand out for their warm embrace of Trump Inc.” For example—and this is truly jaw-dropping--a U.A.E. state and royal family fund announced weeks ago they are using $2 billion of a new crypto stablecoin issued by the Trump owned World Liberty Financial to invest in a crypto exchange. In simpler terms, the U.A.E. gave Trump’s company—which he has a large personal stake--$2 billion to curry favor with him.

But that is just the tip of the Trump iceberg of corruption. As the WSJ reported, “A developer in April unveiled a Trump luxury golf resort at a state-owned project in Qatar at an event featuring Eric Trump and a Qatari minister.” There is also the Trump International Hotel & Tower in Dubai—announced just three week ago--that is to occupy 80 floors and contain a members-only club “set to redefine the meaning of exclusive luxury.” And The Trump International Golf Course outside Doha, Qatar, announced on May 1 –which will include an 18-hole course, a clubhouse and high-end villas with access to the beach. The money is also going to Trump’s close allies. Sovereign or royal funds from the three countries Trump is visiting have committed more than $3.5 billion to a private-equity fund run by Jared Kushner, Trump’s son-in-law. And as WSJ noted, “state-backed funds from Qatar and the U.A.E. were major investors in a $6 billion fundraising round for Trump adviser Elon Musk’s xAI.”

When Trump’s head cheerleader Karoline Leavitt was recently asked if the Middle East trip is about Trump making more money, she was outraged. She let the reporter have it stating, “It’s frankly ridiculous that anyone in this room would even suggest that President Trump is doing anything for his own benefit. He left a life of luxury and a life of running a very successful real estate empire for public service.” All that was missing from this comedy sketch was Leavitt then yelling, “Live from New York…it’s Saturday Night!”

[...] Trump’s Attorney General Pam Bondi concluded that accepting such a massive gift would be "legally permissible." In reality, the Emoluments Clause of the Constitution states plainly that “no person holding any office” is permitted to accept any “present” from “any king, prince, or foreign state.” Well in this case, Trump’s gift from the royal family of Qatar is from a “king, prince and foreign state.” He has violated all three with one gift!

[...] Democrats in Congress have been vocally criticizing Trump’s corruption. Sen. Liz Warren gave a speech on the Senate floor recently slamming Trump’s “100 acts of corruption” that included Trump signing “executive orders making crypto a priority” which raised the value of his own crypto coins. And a growing number of Democrats in Congress have called for investigations into Trump’s corruption—but given they are in the minority in both chambers, it will not happen. At this point Democrats best bet may be tying Trump’s corruption to the GOP. Forget asking Republicans to denounce it, make them own it. Trump and GOP claim to be about working-class Americans but in reality they are about making Trump, his family and inner circle more money.

Dean Obeidallah wrote a home run of a column in rightly calling Donald Trump the most corrupt “President” in American history.

[gwydionmisha]

If you can't safely contact your Congressperson in person, here are some other options for contacting your Congress Critter:

Five Calls to your critters: https://5calls.org/

Here is one that will send your reps a fax: https://resist.bot/

And another: https://faxzero.com/fax_senate.php

Snail Mail Campaigns: https://conuly.dreamwidth.org/3622760.html

[alyfoxxxen]

At a Dubai Conference, Trump’s Conflicts Take Center Stage - The New York Times

[perseuspixl]

Murphy: Six Weeks In, This White House Is On Its Way To Being The Most C...

The Trump Admins' first 6 weeks of open corruption.

[lost-carcosa]

[sponsored-deactivated20210106]

Trump’s transition chair is caught up in crypto, money laundering, and funding terrorists

[in4newz]

What do you mean we had to listen to “crooked Hillary” and “her emails” for YEARS and now they are somehow okay with some businessman and his 20 yr old interns accessing our money, shutting down departments, and threatening our federal employees?!?

Republicans, you’re being played. They’re stealing our money and destroying our government under the guise of “waste.” This is a heist and you voted for it.

[justinspoliticalcorner]

S.V. Dáte at HuffPost:

WASHINGTON — President Donald Trump is taking his efforts to use his office for personal enrichment — the very definition of corruption — to new levels Thursday night, selling face time to those who put money into his bank account by purchasing nearly $200 million worth of his branded souvenir crypto coins. And while Trump will know who has parted with all that cash for the opportunity to spend a few hours to bend his ear, Americans will not — unless they can somehow match real names to monikers like “MeCo,” “CASE, “GAnt” and “REKT.” Those four individuals or organisations, identified only by their usernames and crypto “wallet” addresses, collectively owned 2.7 million $TRUMP coins, worth a total of $38.3 million on Wednesday, based on the $14 price per coin that day. “He’s auctioning off access,” Connecticut Democratic Sen. Richard Blumenthal said Thursday. “It’s corrupt and it’s out there for everyone to see.” Heather Cox Richardson, a Boston College historian, said Trump’s open corruption is unprecedented in American history. “Interestingly, the real financial corruption in an administration is around the president, not usually the president himself,” she said. A White House official, speaking on condition of anonymity, said the crypto coin business “has nothing to do with the White House.”

Anna Kelly, a White House deputy press secretary, denied Trump was doing anything wrong and instead attacked the news media for correctly reporting on his two federal prosecutions, his criminal conviction for falsifying business records and the civil judgment against his company for massive fraud. “President Trump only acts in the best interests of the American public, which is why they overwhelmingly reelected him to this office, despite years of lies and false accusations against him and his businesses from the fake news media,” she said. Trump began selling his new tokens three days before his inauguration. The coin, which has zero intrinsic value, soared in price to as high as $75, allowing 58 early buyers to make over $10 million each before the coins plummeted in value. They were selling for about $8 each before Trump announced his contest in late April to award a “gala” dinner at his golf resort in Sterling, Virginia, to the top 220 Trump coin purchasers, based on how much they held on average from Jan. 17 through May 15. The top 25 coin holders would also be invited to a “VIP” reception with Trump before the dinner and then a tour the following day. The contest website originally had promised a White House tour, but subsequently changed the page to delete the White House reference.

[...] The Trump meme coin is just one piece of Trump’s open attempts to use his presidency for his personal gain. While he did the same in his first term through his hotels and golf resorts, he has focused this time around on his various crypto ventures. Indeed, his World Liberty Financial brokerage announced just before Trump’s recent trip to the Middle East that a state-backed firm in the United Arab Emirates was using its “stable” coin for a $2 billion transaction. How much, precisely, Trump is earning through these various schemes may never be known, because — unlike every other president in recent times — he has refused to release his tax returns to the public.

Donald Trump is just as corrupt as he was in his first term, maybe more so this time around.

[subvoyant]

trump DEMOCRACY DESTROYER Video Game