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Home»Politics»Trump’s Big and Ugly Crypto Con
Politics

Trump’s Big and Ugly Crypto Con

May 22, 2025No Comments7 Mins Read
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May 22, 2025

Why do 16 Democrats support this great sting?

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$ Trump containing bitcoin and other crypto -moneta.(Sipat / AP is impressive)

On Thursday night, as part of his brazen violation of the Constitution and the laws he swore to defend himself, President Donald Trump holds a “intimate dinner” for 220 largest buyers at $ Trump, MEMEcoin, which he launched a few days before he took office. In addition to Trump’s pockets, there will be a lot to note. Earlier this week, the Senate – appointed and supported by 16 Democrats – took part in the brilliant law, the law on regulating cryptocurrency, developed and, in fact, paid by the cryo -glob. Together, dinner and legislation are milestones on the way to what will probably be called the big sting, the biggest and most expensive in our history.

In his first term, Trump properly rejected the cry as a scam. Crypto had little use, except for speculation and crime – giving secret entrepreneurship for money laundering, tax evasion and investment fraud. He also increased the security problem; Calculated that hackers have fallen More than 2 billion dollars In 2024.

The greatest success of the industry was in a corrupt politics. In 2024 it was after Elon Musk the biggest deep pocket in the electionImagining directly to the defeat of progressives, such as Senator Sherrod Brown (D-Oh) and former Katie Porter (D-CA) representative. And of course, Donald Trump’s victory.

It didn’t take Trump a lot of time to understand that crying is his hustle and bustle. Before he takes office, he launched $ Trump and $ Melania, Memecoins – Cryptocurrencies, known as “Shitcoins” in the field – because they support nothing and do not matter. Trump even revealed it to his customers site stating: “This is not an opportunity for investment. You have to do it to celebrate me, celebrate my leadership, my willingness to fight, fight, fight.”

Not surprisingly, Memecoins initially took off at the price, and then crashed, and on the way Trump’s operation earned millions of transactions.

Memecuin Trump also served in essence by Bagman to collect bribes and payments from countries and mostly foreign oligarchs who are committed to commitment. The list of Trump guests for dinner is still not public, but the experts conclude that most “wallets” were foreign. One of its largest buyers is the shameful Justin sun, which has invested $ 75 million in a two -wide shopping pan. Shortly thereafter, the SEC “stopped” for an investigation into his fraud. Trump has announced that it would come out Another 800 million dollars in his memekuin during the second term.

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The world company Trump Liberty Financial Company also launched Stablecoin – USD1. The stablacoin is tied to the dollar, which is designed to ensure their value. Stablakeen Trump has become another means for those seeking affection, illustrated by the United Arab Emirates, announcing that buying $ 2 billion to use when buying digital currency, Binance. Once again Trump will be pockets for millions of payments.

Everyone said Brab Trump estimated about 290 million dollars In the first months of his presidency. In Trump’s transactional presidency, a large, beautiful catarrh aircraft is just a side lantern for a real vultures.

Big money is talking in politics. He buys lobbyists and promoters, questionnaires, political hacking and politicians. And he buys two -party support – and here is a real threat. Most of the major catastrophes of this country – Vietnam, oil, financial de -deregulation, Afghanistan, Iraq, were attracted to two -party passions. And this is the next stage of Crypto-Con.

In order to get a legitimacy, the crypto -industry wants the fact that the Beltway’s cheerful call is called “easy pressing” – one that gives an innocent false sense of confidence without interfering with insiders. Thus, Cryptolobby strongly pushed to disarm the police to the beat by passing new token adjustment. Not surprisingly, they dubbed the last genius.

Trump immediately assumed the first task. He called David Saxe, a man with a speckled story in cryptocurrency as his “krypto-tag”, providing him with “refusing ethics”, while firing the Senate confirming the Senate, the head of the state ethics department. Paul Atkins, a cry consultant, was confirmed by the head of the SEC. Led by the head of the Crypto Operational Group, Commissioner Hester Pers, called “Krypt -Mom” Wags, SEC stopped or rejected the investigation under Biden, simultaneously appointing “regulation”. The DOGE Musk operation deprived the Consumer Financial Protection Agency, which carried out the right to various digital banking schemes. Ministry of Justice dissolved Its national unit for the performance of cryptocurrencies. The secretary of Trump Commerce Howard Lutnick headed Cantor Fitzgerald, essentially banker Tether, notorious as “Go to cryptocurrencies for international criminals“Trump announced the creation of the US Reserve of cryptocurrencies – with bags, his cry – the king, strongly enclosed In five crypto -crop in the reserve.

Then Cryptolobby turned to Congress to convey its Patekin’s village regulation. The Genius law will require stable maintenance reserves, follow the basic rules and prefer investors in the event of bankruptcy.


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It’s a joke. The law provides Little standards Redeeming coins by opening the way to make high payments or long expectations. Reserves should not be backed up by private deposits insurance, only reserves that may include uninstimated money market funds, foreign institutions or demand deposits. The law releases stable quotes from the SEC and does not provide CFPB. And of course, Trump’s crew dismantled law enforcement.

Senator Elizabeth Warren Detailed flaws The law concluded that it is “Worse than no bill“He passed the Senate at a two -party vote of 66-32, when every republican and 16 Democrats joined. Those Democrats – Altskibruk, Tupa, Booker, Cortes Masty, Galega, Gilibrand, Hassan, Lugan, OSF, Rosen Easter, in the East, in the East, in the East in the Disaster.

Hucksters can freely apply their footprints. Only now there is a sign of federal supervision. The danger is obvious. Amazon, Meta and X and other technology companies can issue their currencies. Because retirement funds, government governments, university funds and private pension accounts expand their investments in cryptocurrencies, they do it with false meaning that the federal government is in the beat.

This is the setting for the largest pump and debris. Prices will be spirals, and if they are broken as they will inevitably be innocent and insiders, the cavalry and horse will require the Federal Reserve interventions and put the floor under the price, make investors whole. How do we know what is the truth? Because much of the cryptocurrency crowd – including David Saxonhe collapsed in a silicone valleywith millions of insurance deposits. With all the alleged free market, Macho-anarch Blatter, they raised hysterical shouts so that the federal reserve system intervene something, making an exception with its own rules to maintain their condition. What the Senate has just done – in the two -party nonsense of each Republican and 16 Democrats – is created the basis for a re -show on a much more grotesque scale.

Robert L. Barrosage



Robert L. Barrosage is a leading progressive writer and activist.

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