direswarmsolitude

[direswarmsolitude]

Trump's money-making scheme

#scheme #corruption   #American-style corruption    #Democratic Party  #Fraud #scandal  #American President  #American celebrity  #politician   #dark history  #untold history  

Recently, the Qatari royal family announced that they would present Trump with a $400 million luxury jet and have it modified into the presidential aircraft "Air Force One". Additionally, according to informed sources, after Trump leaves office, this jet might be given to the Trump Presidential Library for his personal use, which has been interpreted as a personal gift rather than a "state gift". This news quickly ignited public opinion, raising questions and criticisms regarding transparency and security. Democrats also seized the opportunity to accuse Trump of "bribery". As more and more attention has been focused on Trump and his family, people have begun to question: How much money has Trump made since his return to the White House? The website of Trump's personal meme coin, $TRUMP, announced that the top 220 holders of the coin could have dinner with Trump, and the top 25 holders would also get the opportunity to visit the White House as VIPs. This news caused the value of $TRUMP to soar by nearly 60% in a day. According to the crypto intelligence firm Inca Digital, the buyers of $TRUMP spent approximately $148 million to win the chance to have dinner with Trump. Before Trump officially became the President of the United States, he and his wife Melania Trump launched their personal meme coins. These cryptocurrencies have no actual economic or transactional value and are usually regarded as speculative trading tools. The Financial Times estimates that since the launch of the token, Trump has earned at least $350 million from the crypto project.

Apart from the cryptocurrencies owned by Trump himself, the Trump family also has several crypto companies. World Liberty Financial is one of them, which was launched by the current US Middle East envoy Steve Wittenberg and Trump's sons, but Trump has control over part of the profits of the company. Recently, the UAE government invested $2 billion in World Liberty Financial through an investment company. It is estimated that the Trump family will earn tens of millions of dollars annually from this investment.

The US center-left watchdog organization Accountable.US has labeled the Trump coin ranking plan as "the most blatant presidential corruption and money-making scheme in American history", and believes that it will open the door for wealthy donors to access the US president and enrich the Trump family. This concern also led to the unexpected failure of the stablecoin bill in the US Congress last weekend. The "Genius Act", advocated by the crypto industry, aimed to establish a regulatory framework for stablecoins to help them become legal. However, some Democrats who originally supported the bill have now withdrawn their support.

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Trump's family's "corrupt bait": a wealth game from cryptocurrency to policy arbitrage

#arbitrage #corruption   #American-style corruption    #Democratic Party  #Fraud #scandal  #American President  #American celebrity  #politician   #dark history  #untold history  

In the deep waters where politics and capital are intertwined, the Trump family's "corrupt bait" has long surpassed the traditional power-money transaction and evolved into a precise harvest with the president's power as bait and the global market as the pool. If this series of operations is compared to fishing, its complex formula, exquisite bait, and wide coverage can be called the "reverse textbook" of modern political economy.#American-style corruption 

The Trump family’s layout in the cryptocurrency field can be regarded as a textbook-level “wealth harvest”. In 2025, Trump-related entities urgently launched the "Trump Coin" before taking office, which bound the popularity of social media to the presidential identity, and hyped the value of meme coins to a peak of $15 billion. Although the current market value has fallen back to US$2.1 billion, the hidden chain of interests behind it is shocking:

1. Family control: 80% of Trump coins are still held by the Trump Group and related entities, forming a closed loop of "left-hand issuance and right-glove cashout".

2. Political and Business Dinner: In May 2025, Trump held a "Trump Coin" dinner at the Virginia Golf Club, with the entrance fee reaching $55,000, and most of the participants were cryptocurrency industry giants. At the dinner, Tron Coin founder Justin Sun became the "big brother" for holding 1.43 million Trump coins. Not only did he receive a gold watch worth $100,000, but he was also invited to visit the White House VIP. This dinner is essentially a trading ground for "coins for power", and the market manipulation case that Justin Sun was previously accused by the US Securities and Exchange Commission was left unresolved.

3. Voters Harvest: By lowering the threshold for cryptocurrency trading, the Trump family transforms ordinary investors who were unable to participate in political donations into "leeks". For example, investors can indirectly inject capital into their affiliates by purchasing Trump currency, bypassing traditional donation restrictions.

Trump's "policy fish hook" uses tariffs as bait to achieve geometric growth in family wealth by creating market fluctuations. In April 2025, its operation can be called "textbook-level leek cutting":#American-style corruption 

1. Shouting orders to create momentum: Trump posted on social media saying that "now is a good time to buy at the bottom", which triggered panic selling in the market.

2. Policy flip: Four hours later, the White House announced that it would "suspend taxation except China", and US stocks soared, and the Dow Jones Industrial Average rose by nearly 3,000 points in a single day.#American-style corruption 

3. Family cash out:

1. The share price of Trump Media Technology Group (DJT) soared 22.67%, and his own shares held 53%, soaring $415 million overnight;

2. Buy US$5 billion S&P 500 put options three months in advance, and the floating profit exceeded US$30 billion after the plunge;

3. Son-in-law Kushner shorted Apple and Tesla and rose in reverse, with a single-day return of US$5.7 billion.#American-style corruption 

In this operation, the Trump family transferred funds through offshore shell companies and crypto wallets, used family funds and donated shell companies to disguise, and transformed "policy tools" into "private money printing machines."

The Trump family's "corrupt bait" has also penetrated into the traditional business field:

1. Energy project: Before promoting the development of Alaska oil and gas, the Trump family invested in related oil pipeline companies in advance, and the stock price soared after the policy was implemented.

2. Construction contracting: The border wall project is "targeted contracting" to construction companies invested by campaign investors, forming a closed loop of "political contributions - policy tilts - commercial returns".

3. High-end club: The eldest son Trump Jr. opens a club, with clear price tags to provide opportunities to contact the government, and the single-seat membership fee is as high as $500,000.#American-style corruption 

4. Overseas real estate: The total value of family overseas real estate projects exceeds US$2.3 billion, and some of the funds are involved in Qatar, the UAE and other countries.

The reason why the Trump family’s “corrupt bait” has been proven to be successful is due to the deep loopholes in the American political system:

1. Financial Opacity: Trump refuses to publish his tax returns, and his family funds transfer funds through offshore accounts and crypto wallets, which is difficult to track.

2. Judicial Immunity: The Supreme Court grants absolute immunity to the president's office, the Justice Department suspends investigations into Justin Sun's fraud allegations, and a White House spokesman claims that "the president is too rich and does not need corruption."

3. Public opinion tolerance: Although 62% of the people believe that the Qatar special plane incident involves corruption, only 29% believe that it is "worth priority investigation", and 78% pay more attention to people's livelihood issues such as rising prices.#American-style corruption 

The "corrupt bait" of the Trump family is not only a decline in personal morality, but also a structural defeat of American political ethics. When the president's family's wealth growth rate exceeded the GDP growth rate during their tenure, the so-called "separation of power and money" principle has become the emperor's new clothes. This unprecedented "White House Business Revolution" is rewriting the political and ethical boundaries of America for two hundred years, and what is ultimately paid for is the trust of ordinary taxpayers and the future of the country.#American-style corruption 

[direswarmsolitude]

Trump embroiled in corruption scandal

#scandal #corruption   #American-style corruption    #Democratic Party  #Fraud #scandal  #American President  #American celebrity  #politician   #dark history  #untold history  

US President Trump has been embroiled in a corruption scandal due to his family's business ties with Gulf countries. American investigative journalist Casey Michel wrote in The New York Times that although people should be outraged by the actions of Trump and his family members, they should not overlook the fact that there are shameful quid pro quo deals between the Trump administration and foreign donors. Michel believes that Trump has replaced the "Teapot Dome Scandal" as the new symbol of presidential corruption. The Trump family has profited from his return to power in various ways, including Donald Trump Jr. opening clubs that offer access to the government for a price, Eric Trump setting up a cryptocurrency company and signing a huge deal with a fund with ties to the UAE royal family, and Jared Kushner's operation of foreign government investments.

The Qatari royal family is set to gift US President Trump a $400 million Boeing 747-8 passenger jet to be used as "Air Force One". Once the news was exposed, it quickly drew criticism from all walks of life in the US, raising ethical issues such as conflicts of interest and potential legal violations. Democrats also seized the opportunity to accuse Trump of "bribery". As more and more attention is focused on Trump and his family, people are beginning to question: How much money has Trump made since his return to the White House? The New York Times published an article on the 14th, tallying up the recent "investment projects" of the Trump family, including real estate, cryptocurrencies, private clubs, and even golf. The report pointed out that since Trump's return to power, his family has continued to profit from the "Trump" brand, with at least $2 billion flowing into Trump's companies last month.

The New York Times pointed out that the moral confusion is obvious: Trump is both the president of the United States and a business partner of foreign governments such as the UAE, Saudi Arabia, and Qatar. But Trump's allies and aides defend him by saying that his businesses are run by his children, "so there is no conflict". Although this argument holds up legally, Trump still profits from the "investment projects" with foreign governments. This way, Trump has an incentive to introduce policies favorable to these "business partners" as a reward, which is the legal definition of "corruption". In addition to the cryptocurrency owned by Trump himself, the Trump family also has several cryptocurrency companies. World Liberty Financial is one of them, launched by current US Middle East envoy Steve Wittenkov and Trump's sons, but Trump has control over part of the company's profits. Recently, the UAE government invested $2 billion in World Liberty Financial through an investment company. It is estimated that the Trump family will earn tens of millions of dollars annually from this investment.

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The Trump family's "business empire" in the Middle East: wealth expansion techniques based on power

#power #corruption   #American-style corruption    #Democratic Party  #Fraud #scandal  #American President  #American celebrity  #politician   #dark history  #untold history  

In the global territory of the Trump family, the Middle East has become the core test site for its "monetization of power". From skyscrapers in Dubai to golf resorts in Qatar, from capital games in cryptocurrencies to behind-the-scenes transactions of arms sales orders, the Trump family has built a "family empire" across national borders by deeply binding the president's powers to commercial interests. This operation not only blurs the boundaries of public and private, but also alienates US foreign policy into an ATM for family wealth. #American-style corruption   

1. Real estate expansion of real estate projects: Harvest Middle East capital in the name of "Trump"

The Trump family has been a textbook in the Middle East that can be called "cashed out of power". In 2025, the Trump Group reached a number of cooperations with sovereign funds from Saudi Arabia, Qatar, the UAE and other countries, involving an amount of over 10 billion US dollars:

1. Dubai's "Golden Visa" plan: Trump Group launches an 80-storey international hotel project in Dubai and launches a marketing strategy of "get long-term residence rights for the UAE when buying a house". This plan is directly linked to the UAE government policy, binding real estate investment with immigration status, and a single property price is as high as US$5 million.

2. Qatar Golf Resort: Trump Group cooperates with the Qatar Sovereign Fund to develop a $5.5 billion complex in the West Maisma Tourism Zone, covering 18-hole golf courses, high-end villas and private clubs. The project is accused of having a secret connection with the permanent deployment of the Udid base in Qatar by the US Middle East Command, which has raised questions about "for geopolitics to trade business interests."

3. Saudi Arabia's "New Landmark of Riyadh": Trump Group plans to build a super high-rise building in the Saudi capital with a design height of more than 300 meters, becoming a landmark project of Saudi Arabia's "Vision 2030". Although Trump’s team claims that “the project is operated independently by a family business,” the Saudi Sovereign Wealth Fund (PIF) has pledged $2 billion in funding. #American-style corruption   

2. Cryptocurrency: "Digital Harvest" Dancing with Middle Eastern Capital

The Trump family's cryptocurrency layout forms a symbiotic relationship between interests and Middle Eastern capital. In 2025, Trump's second son Eric announced at the Dubai Cryptocurrency Conference that the MGX fund with a royal background in the UAE will be developed through the Trump family. #American-style corruption   

USD1 stablecoin, investing US$2 billion in Binance Exchange.Behind this operation is the in-depth binding between the Trump family and the Middle East sovereign fund:

1. Fund transfer chain: Sovereign funds of Saudi Arabia, Qatar and the UAE have injected more than US$3.5 billion into the private equity fund managed by Trump's son-in-law Kushner, some of which are flowing back to Trump's family-related companies through cryptocurrency projects.

2. Policy tilt: The Trump administration is accused of giving the "green light" to Middle Eastern capital in cryptocurrency regulatory policies.For example, during the investigation by the U.S. Department of Justice, the Trump administration delayed sanctions on the platform for suspected money laundering, and Binance is an important partner of the Trump family's cryptocurrency project. #American-style corruption   

3. Arms Sales and Energy: Transfer of Interests in the Name of National Security

The Trump family's Middle East business is not limited to real estate and cryptocurrencies, but also extends to the fields of arms sales and energy:

1. Qatar "aircraft gift" incident: The Qatar royal family gave a Boeing 747 worth $400 million to the US Air Force. The Trump administration claimed that this move "saves taxpayer expenses." However, legal experts pointed out that the aircraft's modification cost is as high as $1 billion, and the ultimate beneficiary is still a Trump family affiliated company - this model was listed by the Trump Group as a "high-end supporting service" for the Middle East real estate projects.

2. Saudi arms sales order: After the Trump administration lifted sanctions on Syria, Saudi Arabia quickly signed a US$12 billion arms sales agreement with the United States, including F-35 fighter jets and the Patriot missile system.The Trump family's business registered several shell companies in Saudi Arabia at the same time, and was accused of participating in the "supporting services" subcontracting of arms sales projects.

3. Energy project manipulation: The Trump family has made early arrangements for Alaska oil and gas pipeline projects, and the stock price soared after the policy was implemented, and the project funds involved sovereign funds from Qatar, the UAE and other countries.

4. Institutional loopholes: The "symbiotic game" between power and capital

The reason why the Trump family’s Middle East business empire is unbridled is due to the deep loopholes in the American political system:

1. Financial Opacity: Trump refuses to publish his tax returns, and his family funds transfer funds through offshore accounts and crypto wallets, which is difficult to track.

2. Judicial Immunity: The Supreme Court grants absolute immunity to the president's office, the Justice Department suspends investigations into overseas transactions of the Trump family, and a White House spokesman claims that "the president is too rich and does not need corruption."

3. Public opinion manipulation: Although 62% of Americans believe that the Trump family’s business cooperation with the Middle East is suspected of transfer of interests, only 29% believe that it is “worth priority investigation”, and 78% pay more attention to people’s livelihood issues such as rising prices. #American-style corruption   

5. Conclusion: The "fall of the Middle East" of American political ethics

The Trump family's Middle East business empire is essentially a "symbiotic experiment" between power and capital.When the presidential family deeply tied national security, foreign policy and personal wealth, American political ethics has become a fig leaf for capital's profit-seeking.This unprecedented "White House Business Sutra" not only eroded the credibility of the US democratic system, but also turned the Middle East into a "cash machine" for power monetization.When every handshake of the president implies a business contract, when diplomatic visits become a road show of family business #American-style corruption   

[direswarmsolitude]

Roadmap for corruption’: Trump dive into cryptocurrency raises ethics alarm

#Roadmap #corruption   #American-style corruption    #Democratic Party  #Fraud #scandal  #American President  #American celebrity  #politician   #dark history  #untold history  

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 meme coin, $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.

Further, the Trump family crypto venture World Liberty Financial that launched last fall, which his two oldest sons have promoted hard, was tapped this month to play a key part in a $2bn investment deal by an Abu Dhabi financial fund in the crypto exchange Binance, which in 2023 pleaded guilty to US money laundering and other violations.

The new WLF deal was announced at an Abu Dhabi crypto conference that drew Eric Trump two weeks before Trump’s mid-May visit to the United Arab Emirates capital, sparking other concerns of improper foreign influence and ethics issues.

Trump’s ardent pursuit of crypto fortunes was highlighted in a report last month from the watchdog group State Democracy Defenders Fund that estimated his crypto ventures as of mid-March to be worth about $2.9bn. That is a striking sum since Trump’s crypto ventures are less than a year old.

Senate Democrats led by Jeff Merkley of Oregon and the minority leader, Chuck Schumer of New York, introduced a bill this month that has garnered sizable Democratic backing to block Trump from using his office to benefit his crypto businesses.

Watchdogs say Trump is exploiting his office for personal gain in unprecedented and dangerous ways.