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Trump Junior's amazing multiplying crypto fortune - how'd that happen?
MSNBC· 2025-12-11 05:01
Crypto & Financial Grift - Donald Trump Jr's fortune increased sixfold, reaching $300 million from $50 million in the past year, attributed to crypto investments [1] - Crypto is described as "finance without regulation," lacking SEC oversight and facing no prosecution even if crimes are committed [3] - The Trump family profited from crypto by essentially conducting a public offering, selling shares in "Trump" through various entities [4] - Holding Trump coin was a requirement to attend a reception at Mara Lago, explicitly linking investment with access and favors [5] - The untraceability and fluidity of crypto are exploited, enabling money to be poured into administrations without accountability [6][8] - There are concerns about the potential for funneling hundreds of millions of dollars to Donald Trump through crypto with no traceability [15] - Crypto gambling casinos are causing teenagers to become gambling addicts [17][18] - Crypto is reinventing past financial crises, necessitating regulation and oversight similar to measures taken in 1932 and 1837 [20][21] Sovereign Wealth Funds & Middle East Influence - The UAE invested $4 billion (1.4%) into World Liberty Financial and subsequently received permission to obtain high-tech chips [7] - Jared Kushner is involved with Middle Eastern entities, potentially influencing regulatory decisions, such as preventing the Netflix deal [12] - Middle Eastern entities are investing $24 billion in Ellison, expecting something in return [12] - Sovereign wealth funds, particularly the Saudi fund, are used to provide discretionary funds to individuals like Trump or MBS, unlike more regulated funds like Norway's [22][23]
People who helped enrich Trump through cryptocurrencies wanted something in return: Report
MSNBC· 2025-11-12 17:39
Financial Activities & Conflicts of Interest - The former president's personal net worth increased by $3 billion from inauguration to the present [4] - The family made $5 billion in one day when they issued a new cryptocurrency [5] - Top 220 buyers of the memecoin held $148 million worth, generating $320 million in fees for the Trumps [12] - The UAE deposited $2 billion in Binance, generating $80 million in interest [8] Cryptocurrency & Influence - The cryptocurrency market is confusing and difficult to follow, potentially hindering scandal penetration [20] - Purchasing the memecoin provided buyers with access to the president [12][13] - The value of the crypto coins is built on air and may fall [17][18] Pardons & National Security - The president pardoned CZ, the founder of Binance, who plead guilty to violating anti-money laundering laws [1][2] - Binance helped boost the profile of the Trump family's crypto firm [1] - CZ's platform, Binance, was used by terrorist groups like Hamas to move millions of dollars [2][9] UAE Deal & Semiconductor Chips - The UAE gained access to semiconductor chips they were previously restricted from buying [10] - Steve Wickoff, Trump's Middle East envoy and partner of Eric and Don Jr, negotiated with the UAE over the chips [10][11] - Zack Witoff negotiated a $2 billion deal that enriched them [11]
X @Elon Musk
Elon Musk· 2025-11-03 21:26
RT FuturePaddy (@Paddy_film)I just filed a formal complaint with the European Ombudsman about a potential conflict of interest involving Mr. Krüger from @BMWGroup and the European ADAS Task Force.I’m demanding an investigation into whether such a conflict exists.@EU_Commission @WholeMarsBlog @Tesla @TeslaNewswire @TeslaClubAT @TeslaClubBE @TeslaClubNorway @m8nimal @LinkN01 @Titanium70RD @TeslaOwnersNL @PSchnieder @joehansenxx @elonmusk @KRoelandschap @RealRusty @SawyerMerrittFull email in the comments: -> ...
TRUMP FAMILY GRIFT: The president's family raked in over $800m from crypto assets
MSNBC· 2025-11-03 02:35
A new report by Reuters uncovered that in the first half of this year alone, President Trump's family has rad in more than 800 million from sales of crypto assets. This on top of potentially billions more in unrealized on paper gains. Now, much of this cash has been coming in from foreign sources, which doesn't come as a surprise when we factor in Trump's two eldest sons, basically trotting around the world pitching their family's crypto business, World Liberty Financial, to investors.Joining us now, Michel ...
Trump personally demands 230 million of your tax dollars
MSNBC· 2025-10-22 04:14
Government Operations & Ethics - The administration is facing scrutiny due to unpaid federal workers and large protests [1] - The president is reportedly seeking $230 million in taxpayer money from the Justice Department related to previous investigations [1][2] - Experts are raising concerns about a massive conflict of interest regarding the Justice Department's handling of the president's claims [3] - The president is planning a $250 million ballroom renovation at the White House, funded by himself and private donors, raising questions about potential quid pro quo [5][6] Political Landscape - A Reuters poll indicates that 50% of Americans blame the GOP for the government shutdown, compared to 43% who blame Democrats [7] - Republicans are reportedly considering an Obamacare extension [7] - The president has been criticized for his cavalier attitude towards potential graft and conflicts of interest [16] - There are concerns that the president's actions are alienating portions of his base [29] Potential Conflicts of Interest - The president's loyalists within the Department of Justice, some of whom were his personal lawyers, will have the final say on his compensation claims [14] - The president acknowledged the strangeness of making a decision where he is essentially paying himself damages [15] - The acceptance of donations from companies for the White House ballroom renovation raises concerns about what those companies are getting in return [20][21]
X @The Block
The Block· 2025-10-21 20:57
Sen. Warren slams stablecoin law and urges Treasury to address Trump conflict of interest concerns and financial risks https://t.co/N3pllEcJDN ...
‘Not prepared’: Fmr. CDC top officer blasts Kennedy for not saying how many died from Covid
MSNBC· 2025-09-04 16:20
CDC & Public Health Concerns - Concerns raised regarding potential conflicts of interest in vaccine committees, specifically members with ties to lawsuits against vaccine manufacturers [2][10][11] - The speaker questions whether America will be healthier and more prepared for future health threats under the current leadership [12] - The speaker expresses concern that the Secretary of Health and Human Services is not adequately informed about the CDC's work and is not listening to experts [15] Data & Transparency - The speaker highlights the importance of transparency and data-driven decision-making at the CDC [2][8][14] - Criticism of the Secretary of Health and Human Services for removing data related to thyarisol and for not posting presentations for the public in advance of vaccine committee meetings [2][14] - The Secretary of Health and Human Services was unable to answer questions about the number of Americans who died from COVID or were saved by the vaccine [5] COVID-19 Vaccine & Response - Acknowledgment of the life-saving work done under the Trump administration regarding the COVID-19 vaccine [1] - Concern that recommendations are being developed based on ideology rather than data and science [8] - The speaker notes an attack on CDC staff stemming from misinformation related to COVID vaccines [4] CDC Operations & Funding - The majority (80%) of CDC funding goes out the door to local and state levels [3] - Concern that the majority of the chronic disease center is being eliminated in the president's budget, shifting focus from prevention to services [2]
How did Trump get rich in his 2nd term? See 47’s ‘scam’ profit scandal
MSNBC· 2025-09-03 19:33
Conflicts of Interest and Ethical Concerns - The report highlights potential conflicts of interest arising from the former president's involvement in cryptocurrency while in office [3][4] - The former president and his family allegedly profited approximately $5 billion USD through a virtual cryptocurrency venture, potentially exceeding their real estate holdings in value [2] - Concerns are raised about foreign money influencing a sitting president through crypto ventures [3] - The former president's actions contradict his claims of being above political pressures due to his wealth [4] - The report suggests the former president may exploit his power to change policy in ways that benefit him and his family's crypto interests [4] Market and Investment Risks - The cryptocurrency industry is described as potentially manufacturing "suckers" and selling investments to working and middle-class Americans that may not be sound [9] - There are concerns about socializing the losses from potential crypto bubbles, potentially leading to a bailout benefiting the former president [10] - The report references the former president's past view of Bitcoin as a "scam" and a threat to the US dollar [13][14] - A stable coin investment linked to the former president is supported by Binance, whose CEO is facing legal issues, raising further concerns [17] Regulatory and Legislative Implications - The former president is described as the "crypto president," potentially influencing crypto-friendly legislation from which his family benefits [6] - The report suggests the former president's involvement could lead to a "Trump put," where he intervenes to protect crypto investments [10]
Trump family has made over $4B in crypto since Election Day
MSNBC· 2025-08-14 16:50
Crypto Venture Overview - The Trump family's crypto venture, USD1, has generated significant wealth since the election [2] - USD1 is a stable coin pegged against the US dollar, aiming to compete with established stable coins like Tether and Circle [3][4] Financial Mechanics - Users exchange 1 US dollar for 1 USD1 token with World Liberty [5] - World Liberty invests the collected funds in reserves, primarily US government treasuries [5][6] - World Liberty has accumulated approximately $2.2 billion in reserves to underpin USD1 [6] - At current interest rates, these reserves could generate around $80 million in annual interest [6] Key Players and Transactions - Binance holds the majority (approximately $2 billion) of the total USD1 in circulation [7][8] - A UAE fund, MGX, made a $2 billion investment into Binance paid in USD1, significantly boosting its circulation [7][10] - Binance is reportedly enabling substantial trading in USD1, potentially inflating the perceived demand for the token [7][8] Potential Conflicts of Interest - Binance's founder, Changpang Zhao (CZ), is seeking a pardon from President Trump [11][12] - Simultaneously, Binance has been assisting World Liberty Financial in growing its crypto business [12] - Binance previously paid a $4.3 billion fine for anti-money laundering violations [11]
Trump says he turned down visit to Epstein's island
MSNBC· 2025-07-28 20:30
Legal & Ethical Concerns - The Justice Department's meeting with Trump's former personal attorney raises conflict of interest concerns, both actual and perceived [1][2][4][5] - Releasing investigative files carries the risk of including unvetted, unverified, and unreliable information, potentially harming innocent individuals [27][28][30] - Granting limited use immunity to Ghislaine Maxwell aims to obtain truthful information about her involvement and others, but her history of dishonesty complicates the matter [8][9][10][11][12] Investigation & Transparency - The unusual circumstances surrounding the case, including distrust of involved parties like Maxwell and potential political motivations, cloud the validity of information and transparency [15][16][17] - The attorney for some survivors wanted to be in the room for these meetings with Gillen Maxwell, but victims are not normally present for routine law enforcement interviews [6][7] - There's uncertainty about whether transcripts from Maxwell's conversation will be released unedited, given potential leading questions and desired outcomes [18] Potential Outcomes & Considerations - A potential pardon for Ghislaine Maxwell is controversial, with some victims opposing leniency and others prioritizing the exposure of enablers [19][20] - The President's power to pardon exists, but the timeline and considerations are often politically driven, potentially bypassing the normal pardon process [22][23][24][25]