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Trump pardons convicted Binance founder

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Re: Trump pardons convicted Binance founder

#155
post #89

I wonder if civil forfeiture will work against Trump once he's out of office. Trump's net worth before becoming President was under US$1 billion. Now it's over 6 billion. A civil claim for the difference based on the Emoluments Acts. "The Foreign Emoluments Clause bars the president and other federal officials from accepting “any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or fo…

No, this is pretty squarely outside the scope, and only specific amounts received from in-scope parties (i.e. governments) would be subject. And there's a standing issue. Basically the emoluments clause doesn't have real teeth for most purposes, even where it applies.

> only specific amounts received from in-scope parties

Like Quatar and the used 747.

Re: Trump pardons convicted Binance founder

#156
post #89

I wonder if civil forfeiture will work against Trump once he's out of office. Trump's net worth before becoming President was under US$1 billion. Now it's over 6 billion. A civil claim for the difference based on the Emoluments Acts. "The Foreign Emoluments Clause bars the president and other federal officials from accepting “any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or fo…

I hope so. That way we can rebuild the White House the way it was and pay for it by seizing Mar-a-Lago and selling it off.

Trump is a corrupt idiot and a terrible president, but the White House controversy is dumb too. I'm sure the addition will be ugly like everything Trump builds, but that building is not exactly a historic artifact that mustn't be mutated. It's been gutted more than once.

Re: Trump pardons convicted Binance founder

#157
At this point, I wouldn't touch crypto with a 10 ft pole. What happens when everyone recognizes that the whole thing has turned into a money laundering grift? Who's going to give you anything for your bozo bucks? At this rate, it's not going to take long.

Re: Trump pardons convicted Binance founder

#158
It's incredible that American corruption can happen out in the open like this. And this isn't a uniquely Trump phenomena. Political pardons are an amazing thing, and they have been used by presidents for a long time now with extremely little scrutiny and no possibility for repercussions. The executive being able to overrule the judiciary is an absolutely jaw-dropping American institution. So much for checks and balances.

Re: Trump pardons convicted Binance founder

#159

If we ever get trump out of office we need to re-arrest every last one of these guys. The supremes can whine and cry as we keep them in prison. They can raise an army if the want anything different. Serious controls need to be placed around the pardon power.

Just the ones that Trump pardoned right?

Re: Trump pardons convicted Binance founder

#160
post #111

"President Trump has pardoned Changpeng Zhao, the convicted founder of the crypto exchange Binance, following months of efforts by Zhao to boost the Trump family’s own crypto company." You Americans elected a mobster as President.

Well, half us Americans did:) The other half is still in total disbelief
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