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Author: ges 🐝  😊 😞
Number: of 48439 
Subject: All this bitcoin bullshit....
Date: 04/01/2025 4:58 PM
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No. of Recommendations: 5
...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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Author: ges 🐝  😊 😞
Number: of 48439 
Subject: Re: All this bitcoin bullshit....
Date: 04/01/2025 5:01 PM
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How the Trump Family Took Over a Crypto Firm as It Raised Hundreds of Millions

What Happened: The Trump family quietly seized control of crypto firm World Liberty Financial as it raised $550 million through sales of $WLFI tokens. The family now claims 75% of net token revenue and 60% of business profits—despite the project lacking a public platform and offering no profit-sharing or tradeable tokens to investors.

Why It Matters: This arrangement creates massive conflicts of interest, with a sitting U.S. president and his family directly profiting from an opaque financial venture they are deregulating. Under crypto's anonymity, this can be used as a vehicle for political access—or foreign influence.

Source: Reuters
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Author: wzambon 🐝🐝 HONORARY
SHREWD
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Number: of 15055 
Subject: Re: All this bitcoin bullshit....
Date: 04/01/2025 5:15 PM
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Just trying to keep up with Trump’s criminal activities will get you labeled “an alarmist”.
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