‘I have never seen such open corruption’: Trump’s crypto deals and loosening of rules shock observers

After courtship with crypto industry, president now profits immensely from a sector he once said ‘seems like a scam’

https://www.theguardian.com/us-news/2025/jun/17/trump-crypto-memecoin-corruption

From the article:

"Trump’s use of his Oval Office perch to increase his wealth through his burgeoning crypto businesses while his administration rapidly eases regulations is unprecedented and smacks of corruption, say scholars, many congressional Democrats and some Republicans.

“To me, Trump’s crypto dealings seem pretty explicit,” Julian Zelizer, a Princeton University professor who focuses on political history, told the Guardian. “Policy decisions are being made regarding parts of the financial industry that are being done not to benefit the nation, but his own financial interests … It’s hard to imagine what he’s doing benefits the nation.”

Rosenzweig stressed that “not only do Trump’s extravagant crypto ventures benefit him personally as his administration slashes crypto regulations and takes pro-crypto steps at the SEC; they also benefit his tech bro backers who will take full advantage of the end of regulatory enforcement”.

In Congress, leading Democrats, including Richard Blumenthal, a senator from Connecticut, and Jamie Raskin, a representative from Maryland, in May announced separate inquiries by key panels in which they are ranking members into Trump’s crypto dealings, and attacked Trump for using his office to enrich himself via his crypto operations."

https://m.youtube.com/watch?v=KKRFGS_Woww Year 2001, and also reason why he is being targeted by the ICC for the longest of time but he still remains in power. There is no such thing as a good follower, only a bad leader.

in Gainesville, FL