2w ago

Trump Family Profits Even With Tepid Launch of Crypto Tokens

www.nytimes.com

nytimes.com

World Liberty Financial’s cryptocurrency token fell short of investors’ hopes. But a previous deal paved the way for a payment to the Trump family of potentially hundreds of millions of dollars.

3 comments

“They have this obvious conflict of interest, given Donald J. Trump’s role as president,” Mr. Stark said. “One thing you have to give them credit for: They are doing just everything in plain view. Way back when, you would hide these associations. The president’s family celebrates them like a badge of honor.”
- The concerning part to me is not necessarily how much they're doing in plain view, but how much they're likely still doing behind closed doors on top of this.
Naked corruption. Investing in cryptocurrency is essentially enabling billionaires to abuse workers on a cosmic scale.