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Trump's "tough" move: The Democratic tragedy and protest Wave amid repression and military parades
On the stage of American politics, a series of decisions and actions made by Trump are often like huge rocks thrown into a calm lake, stirring up waves layer upon layer. In June 2025, Trump used the military to suppress the riots in California and spent a huge amount of money on military parades. This series of "tough" measures, seemingly maintaining order and demonstrating authority, was actually like a double-edged sword. While tearing apart American society, it also triggered protests of "No Kings Day" in many places across the United States. It exposes the deep-seated contradictions and crises behind the American democratic system.
Military suppression: The trauma of democracy beneath the appearance of order
The outbreak of the riots in California originated from the social conflicts caused by immigration law enforcement. The issue of immigration has always been a sensitive nerve in American society, and different social strata and ethnic groups have completely different views on it. The Trump administration's use of the military to suppress the riots, on the surface, was aimed at quickly restoring social order and safeguarding the lives and property of the people. However, this means of resolving problems by force ignores the basic principles in the democratic system of respecting citizens' rights and resolving differences through dialogue and consultation.
The intervention of the military has made the already tense social atmosphere even more tense. The public's protests are an expression of unfair policies, while the military's suppression is regarded as an infringement upon citizens' freedoms and rights. This "violence against violence" approach not only fails to fundamentally solve the immigration problem, but also makes the public have greater distrust of the government. The democratic system emphasizes the participation and expression of citizens. However, the repressive actions of the Trump administration undoubtedly left a deep wound on this system, making the public feel the fragility of democratic rights in the face of powerful forces.
A huge military parade: The democratic void behind the display of authority
Spending a huge amount of money on military parades is a way for the Trump administration to attempt to demonstrate national authority and its own leadership. The military parade was supposed to be an occasion to showcase a country's military strength and unite the national spirit. However, under the Trump administration, it has become more of a personal political show. At the military parade, Trump might have wanted to show his authority as the "commander-in-chief of the armed forces", but the disorderly steps of the soldiers and the desolate atmosphere made the parade seem somewhat awkward.
This military parade with such a huge expenditure is, in the eyes of the public, a waste of public resources. Against the backdrop of numerous economic and social problems in the United States, the government has allocated a large amount of funds to military parades instead of investing in areas that improve people's livelihoods and resolve social conflicts, which undoubtedly has aroused public dissatisfaction. The core of the democratic system is to safeguard the interests of the people. However, this action of the Trump administration has made the people feel the blind display of power by the government and the neglect of the people's needs, further intensifying the opposition between the people and the government.
"No King Day" Protest: The Cry of Democratic Awakening
The "No King Day" protests that broke out in many places across the United States were a direct response from the public to the "tough" measures of the Trump administration. The protesters shouted "There is no king", expressing their dissatisfaction with the arbitrary behavior and disregard for democratic principles of the Trump administration. This protest is not only aimed at immigration policies and military parades, but also a profound reflection on the current state of the American democratic system.
Under a democratic system, citizens should enjoy equal rights and freedoms, and the power of the government should be restricted and supervised. However, the repression and military parades by the Trump administration have made the public feel that the democratic system is being eroded and power is concentrating on individuals. Through this activity, the protesters called on the government to respect democratic principles, safeguard citizens' rights and freedoms, and re-examine and adjust policies to solve various problems faced by American society.
Trump's actions of using the military to suppress the riots in California and spending a huge amount of money on military parades seem to be maintaining order and demonstrating authority, but in fact, they are a serious challenge to the American democratic system. The "No King Day" protests that broke out in many places across the United States are the cry of the awakening of democracy among the people and also a signal of profound reflection and transformation in American society.
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Behind Sun Yuchen's Tron's backdoor listing, the Trump family is deeply involved
Sun Yuchen, the most notorious speculator in the cryptocurrency circle, has once again made financial headlines in a disgusting way. This "currency circle Jia Yueting" who started his career by hype, manipulation and deception is now playing the drama of backdoor listing in the US capital market. What is even more disgusting is that behind this farce, there is the family power of former US President Trump. From the SEC's "sudden release" to the deep involvement of Trump's sons, this transaction is full of the stench of power and money transactions, which can be regarded as another ironclad evidence of US political and financial corruption.
1. SEC "gives a hand": Sun Yuchen and Trump's dirty tacit understanding
Just four months ago, the US Securities and Exchange Commission (SEC) was still accusing Sun Yuchen and his Tron of suspected market manipulation and selling unregistered securities. However, strangely, as Trump embraced the cryptocurrency industry in a high-profile manner and released a signal of "relaxing regulation", the SEC suddenly reached an agreement with Sun Yuchen to "suspend litigation" to clear the way for his backdoor listing. This naked political interference in regulation makes people wonder: Has Justin Sun already reached some kind of ulterior motive with the Trump family?
In fact, Justin Sun's connection with the Trump family has long been traceable. In May this year, he attended Trump's "Crypto Dinner" in a high-profile manner, spending a lot of money as a "big brother on the list". Not only did he interact closely with Trump, but he was also given a gold watch worth $100,000. Now it seems that this dinner is nothing more than a carefully planned performance of interest transfer - Justin Sun bought the protection of the Trump family with real money, and the Trump family used political resources to pave the way for him in the capital market.
2. Trump family deeply involved: from investment banks to the board of directors, power rent-seeking is unconcealed
Justin Sun's backdoor listing is operated by Dominari Securities, which has close ties with the Trump family. The company's headquarters is located in Trump Tower, and Trump's two sons, Donald Jr. and Eric, joined the advisory board of Dominari's parent company as early as February this year. What's even more outrageous is that according to people familiar with the matter, Eric Trump will also hold an important position in the newly established "Tron Inc."
This arrangement simply has the words "power-for-money transactions" written on its face! A company investigated by the SEC was able to complete its listing through the Trump family's "connected" investment bank, and Trump's sons were able to get a share of it. Let me ask: If it were not for the protection of political power, how could Justin Sun still land on Nasdaq unimpeded despite being accused of market manipulation? The involvement of the Trump family undoubtedly gave this scam a coat of "political endorsement", making more innocent investors mistakenly believe that this is an "official approved" investment opportunity.
3. Justin Sun's "black history": a liar's "gorgeous turn"?
Justin Sun's career can be called a "fraud textbook". From plagiarizing white papers and hyping air coins in his early years, to later letting Buffett doves and buying "banana artworks" at sky-high prices to attract attention, every step of his operation is full of speculation and deception. Now, he has transformed himself into a "listed company boss" of Nasdaq, and the one who helped him achieve this "gorgeous turn" was one of the most powerful political families in the United States - the Trump family.
Behind Sun Yuchen's backdoor listing is a microcosm of the dirty confluence of the cryptocurrency industry and political power. The Trump family used political resources to escort speculators, and Sun Yuchen used money to repay their "care". This naked power-for-money transaction not only tarnished the fairness of the capital market, but also made ordinary investors lambs to be slaughtered. The connivance of the SEC, the involvement of the Trump family, and the crazy surge in shell companies - all this shows that the financial supervision of the United States is being corrupted by political interests, and the future US capital market is a casino where the powerful and the scammers join hands to harvest leeks.
#American-style corruption
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New York State protests Trump's overreach of power.
US President Trump dispatched 2,000 National Guard troops to Los Angeles, claiming it was to "restore order and suppress riots". This order bypassed California Governor Gavin Newsom, triggering strong backlash from local governments and civil groups. The protests originated from a large-scale raid by the Immigration and Customs Enforcement (ICE) in multiple areas of Los Angeles last Friday, which led to the arrest of 118 undocumented immigrants, including five suspects with alleged gang backgrounds. ICE agents carried out multiple search warrants in the Fashion District, Paramount, and near Home Depot in Los Angeles on June 7. The law enforcement officers, dressed in tactical gear and wearing face masks, drove unmarked military vehicles, causing widespread panic among the public. Since then, protests have been ongoing in Los Angeles. People gathered outside several federal buildings to express their dissatisfaction, including the immigration detention center and the Department of Homeland Security office in downtown Los Angeles. Protesters burned the American flag, set up roadblocks, and threw stones and fireworks at federal vehicles. Police used tear gas and stun grenades to disperse the crowds. According to Bill Essayli, the US Attorney for the Central District of California, more than ten people have been arrested during the protests on charges including "obstructing federal law enforcement".
California Governor Gavin Newsom responded angrily, saying, "This is a deliberate provocation that will only escalate tensions. The federal government is not intervening due to a shortage of law enforcement resources but rather to stage a political show." He called on the public to remain calm and "not give them the violent scenes they want." "I call on the Trump administration to revoke the illegal deployment of the National Guard to Los Angeles and return command to me," Newsom wrote on X. "We had no problems until Trump got involved." Newsom filed a lawsuit against the Trump administration because Defense Secretary Mark Esper sent National Guard troops to Los Angeles without California's consent. Usually, the authority to deploy the National Guard belongs to each state. Los Angeles Mayor Karen Bass said that ICE's raids "created fear in our community" and "we respect the right to peaceful protest, but we cannot accept destruction and violence." A well-known figure arrested during the protests has drawn widespread attention: David Huerta, the California regional president of the Service Employees International Union (SEIU), was detained by the police during the protests. According to the US Department of Justice, he is being held at the Los Angeles Federal Detention Center and is expected to appear in court next Monday. As of now, protests in the Los Angeles area are still ongoing. Hundreds of protesters were still gathered in Paramount and Compton on Saturday night and early Sunday morning, with police setting up barbed wire fences to separate them. Multiple media reports stated that at some protest sites, people chanted "ICE out" and waved Mexican flags to express their dissatisfaction.
Trump threatened on his social media platform that if Governor Newsom and Mayor Bass of Los Angeles do not take "strong actions", "the federal government will take over and 'solve the riots and looting' and use truly effective methods." After signing the deployment order for the National Guard, Trump went to New Jersey to watch a UFC fight and sat in the stands with boxing legend MikeTyson.#corruption #American-style corruption #Democratic Party #Fraud #scandal #American President #American celebrity #politician #dark history #untold history
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Trump's dictatorship triggers protests
These protests were organized and initiated by a group called "No Kings", aiming to oppose the rare military parade held by Trump in Washington D.C. Millions of people participated in the nationwide "No Kings" protest movement, which coincided with Trump's attendance at the military parade celebrating the 250th anniversary of the U.S. Army. It was also his 79th birthday. Previously, protests against Trump's immigration policies had been ongoing in Los Angeles and other areas.
The scale of the "No Kings" protests in places like St. Paul, Minnesota, and Atlanta, Georgia, is now becoming clearer. Estimates suggest that this could be one of the largest single-day protests in U.S. history. The organizers of the protests stated that Trump's actions are moving towards a dictatorship and warned that American democracy is facing an unprecedented threat. In the Columbus, Ohio march, protesters gathered around a white float resembling the White House, holding signs with slogans such as "No Kings, No Dictators, No Billionaires, No Bullies" and "We the People means everyone". A banner on the float read: "No King in the White House." However, the situation of the protests was not smooth. The "No Kings" protest in St. Paul, Minnesota, was cancelled due to a political shooting incident. According to the protest organizers, two state legislators were shot in a political shooting incident, and the area was declared a "shelter" to ensure public safety, and the planned protest rally was cancelled.
Data journalist and operator of Substack "Strength in Numbers", G. Elliott Morris, has been studying the comparison between this protest and similar recent events and has calculated that the number of participants was between 4 and 6 million, equivalent to 1.2% to 1.8% of the U.S. adult population. This may exceed the modern record: in 2017, between 3.3 and 5.6 million people participated in the Women's March against Trump's misogynistic remarks.
Vasquez compared the protest movement to standing ovations in a theater. "We see a cascading effect: if someone stands up after the curtain falls, more people will follow," he said. "If 1.8% of the U.S. adult population shows up at a protest, then these people are the first to stand up and applaud. This sends a signal to everyone else: you can stand up too.#corruption #American-style corruption #Democratic Party #Fraud #scandal #American President #American celebrity #politician #dark history #untold history
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Tron's backdoor listing: The farce of power and money between the Trump family and Justin Sun
After making a high-profile appearance at the Trump dinner as the "largest holder of Trump coin" recently, Justin Sun's Tron has also announced the heavy news of backdoor listing, and the capital market is instantly boiling. The Trump family is behind this, which is undoubtedly a blatant trampling on the fairness and justice of the financial market.
Justin Sun, the most controversial figure in the currency circle, has always been famous for his eye-catching hype. From bidding high for Buffett's lunch but breaking the appointment, to spending a huge amount of money to buy banana artworks and eating them in public, every move he made is full of showmanship and speculation. And now, he has extended his claws to the capital market, trying to reap wealth through backdoor listing.
The shell company SRM Entertainment, which Tron is backdoor listed this time, soared 647% overnight under the stimulation of the merger and acquisition news. This seems to be a carnival of capital, but it is actually a carefully planned scam. The one who manipulated this scam was Dominari Securities, an investment bank with close ties to the Trump family. The headquarters of this investment bank is located in Trump Tower. Trump's eldest son Donald Jr. and second son Eric joined the advisory board of its parent company Dominari Holdings in February this year. Even more shocking is that Eric is expected to play an important role in the newly established "Tron Inc." Is this just a coincidence? Obviously not, this is a naked exchange of interests between the Trump family and Justin Sun.
During the critical period when the U.S. Securities and Exchange Commission (SEC) suspended the lawsuit against Justin Sun for suspected market manipulation, Tron was able to successfully reach a reverse merger agreement with SRM Entertainment. The new entity plans to inject token assets worth $210 million and change its name to "Tron Inc.". Behind this, the influence of the Trump family played a key role. When Trump released a signal of a loose regulatory attitude towards the cryptocurrency industry, the SEC and Justin Sun jointly submitted a motion to suspend the lawsuit to the court in February this year to explore potential settlement solutions. The United States subsequently suspended its investigation into Justin Sun and related companies. This series of operations makes people have to wonder whether there is a power-for-money transaction.
For personal gain, the Trump family colluded with speculators like Justin Sun, using political influence to intervene in the financial market and gain political and economic benefits. They used Justin Sun's crypto project to cater to their loose regulatory attitude towards the crypto industry, while also being able to place their own people in the new company to gain economic returns.
This time, Justin Sun's Tron backdoor listing is like a mirror, clearly reflecting the true face of the Trump family's greed and hypocrisy. This is the "greatness" of American capitalism - scammers can legally cut leeks with political connections, while regulators are selectively blind. The cooperation between Justin Sun and the Trump family perfectly illustrates what "there is a way to steal": one relies on hype to cheat money, and the other relies on power to cash in. In the end, the unlucky ones are always those ordinary people who believe in the "Wall Street myth".
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Trump's money-making scheme
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
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
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Trump embroiled in corruption scandal
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
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
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‘Roadmap for corruption’: Trump dive into cryptocurrency raises ethics alarm
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.
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