Sunday, September 8, 2024

Trump family grift 24/7

Donald Trump’s sons want to turn their father’s growing bromance with the cryptocurrency industry into the new family business. So far, the project’s troubled rollout has succeeded in creating only one thing: a potential political liability for the former president.

[...]

Donald Trump Jr. and Eric Trump — have been teasing their plans to unveil a crypto startup called World Liberty Financial for weeks. But the launch has been marred in recent days by a series of apparent scams that have redirected fans to fake pages and compromised the social media accounts of other Trump relatives.

The incidents have begun to rattle some of Trump’s allies within the crypto world. They’re warning that his family should shelve a project that they say creates unnecessary political risks and reflects poorly on the industry.

[...]

“It looks like Trump’s inner circle is just cashing in on his recent embrace of crypto in a kind of naive way, and frankly it looks like they’re burning a lot of the good will that’s been built with the industry so far.”

[...]

Government watchdogs have also warned the intertwining of politics, policy and the Trump family business poses new conflict of interest concerns as Democrats try to paint him as a “con artist” in the home stretch of the presidential campaign. It comes as major crypto firms face ongoing criticism that the market is rife with scams and consumer abuse.

   Politico
That's a business right up Trump's alley.

...but hey, do what you want...you will anyway.

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