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Secret Deals, Foreign Investments: The Rise of Trump’s Crypto Firm

nytimes.com

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Re: Secret Deals, Foreign Investments: The Rise of Trump’s Crypto Firm

#42

Post by voidfunc »

dboreham wrote: post #41
whyage wrote: post #38

What can be done to stop this flagrant grift?

Develop USA2.0 with various bugs fixed: no presidential pardon, supreme court reform, term limits, FBI removed from executive branch, etc.

Gonna need a Civil War 2.0 first.

Re: Secret Deals, Foreign Investments: The Rise of Trump’s Crypto Firm

#44

Post by mmastrac »

VeejayRampay wrote: post #43

anyone from europe recognizes this immediately as some form of thieving monarchy, it really is ludicrous that is still possible in 2025

As long as you have the Enemy you can run the Grift. Tale as old as money, at least.

Re: Secret Deals, Foreign Investments: The Rise of Trump’s Crypto Firm

#45

Post by dashundchen »

alistairSH wrote: post #26
bediger4000 wrote: post #3

This article is soft peddling corruption, and it confirms that Trump takes bribes via his cryptocurrency operation.

That this is even remotely surprising to anybody is the only surprising thing about it. He took bribes via his hotel last time. He takes massive donations from Bezos and Zuck and others to his inauguration fund or presidential library or whatever other slush funds he can use to skirt anti-bribery regulations.

Let's not forget the MBS overriding the advice of the Saudi investment board to give $2 billion dollars to Trump's son in law, Jared Kushner. Funds with hefty fees that have barely been invested.

https://www.reuters.com/world/kushner-has-discussed-us-saudi...

These corrupt assholes don't even try to hide it.

Re: Secret Deals, Foreign Investments: The Rise of Trump’s Crypto Firm

#48

Post by maeln »

TechDebtDevin wrote: post #32
conception wrote: post #13

Earlier quoted context omitted.

I mean, he took bribes last time via his hotel operation. This just is an upgrade.

I prefer the term, "alternative funding mechsnism" ;) Thats all Truth Social was. By buying the public stock you could in a way funnel money to Trump that did conflict with campaign finance laws/limits. People arent buying Truth Social stock because they think its actually worth 5 billion dollars.

> People arent buying Truth Social stock because they think its actually worth 5 billion dollars.

Well, if you see it as the private presidential corruption fund, it might well be worth well over 5 billion tbf.

Re: Secret Deals, Foreign Investments: The Rise of Trump’s Crypto Firm

#50

Post by whatever1 »

yalogin wrote: post #46

The amount of corruption and incompetence ignored by his base is staggering. This is all because they don’t like immigration?

No, the current system does not work for most of the people hence the "just nuke it" option sounds like a rational one.

Canadian elections show that people can change their mind overnight, but unfortunately some of the changes that happened in the US institutions and the global relations will take decades to reverse (if ever).

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