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Nevilledog

(54,591 posts)
Fri May 30, 2025, 02:55 PM May 2025

Your guide to Cryptogate, Trump's $4 billion corruption scandal that's 10X bigger than Watergate

https://www.inquirer.com/opinion/trump-cryptocurrency-scandal-corruption-billions-20250529.html

No paywall link
https://archive.li/8tcrR

Since Donald Trump became the 47th American president on Jan. 20, the White House has been up for sale to the highest bidder. And like most big-city real estate these days, 1600 Pennsylvania Ave. has an astronomical price tag.

You might have seen the report a couple of weeks ago that in 2025, the net worth of Donald Trump has increased by a whopping $2.9 billion, thanks to his recent plunge into cryptocurrency. That’s a shocking number, but it doesn’t capture the full extent of the worst presidential corruption in U.S. history.

It doesn’t include the $400 million jumbo jet from Qatar that Trump hopes to take home in 2029 as property of his presidential library, after a short stint as Air Force One.

It doesn’t include what for a corrupt and contented Trump must seem like the change under his couch cushions, like the $28 million that Amazon’s Jeff Bezos is paying Melania Trump for a documentary no one is asking to see.

It doesn’t include the new “deals” that just keep coming, like a scheme for Trump Media to get into crypto.

*snip*
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