Post #43043 by ges on the US Policy board

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...does not make me feel good about the future of the US financial system.

But, Trump knows a great grift when he sees one and could not resist this.

Can you imagine how the right wing would be screaming bloody murder if a Democratic POTUS was doing crap like this?

Trump Family to Launch U.S. Bitcoin Mining Venture With Hut 8

What Happened: The Trump family is partnering with crypto firm Hut 8 to launch American Bitcoin Corp., a new Miami-based venture focused on Bitcoin mining and building strategic Bitcoin reserves. The company will be a majority-owned subsidiary of Hut 8.

Why It Matters: The move deepens the Trump family's entanglement in the crypto sector—while Trump pushes crypto-friendly policies from the White House. This is pure corruption and raises major conflict-of-interest concerns while politicizing federal crypto regulation.

Source: Bloomberg

https://www.bloomberg.com/news/articles/2025-03-31...

Pure corruption indeed.

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