Donald Trump’s use of his second presidency to grow his personal fortune has alarmed legal and ethics experts and congressional Democrats as he has reaped an “unprecedented” $2.2bn in 2025 revenues by amassing big cryptocurrency holdings, benefiting from wealthy foreign interests, expanding his Truth Social business and more, while federal oversight of his actions has waned.

Trump last year raked in at least $1.4bn from his crypto ventures according to financial disclosure forms he filed in June. Simultaneously, about one million investors in a Trump crypto scheme suffered almost $3.8bn in losses as their volatile crypto holdings tanked in value.

Monetizing his presidency further this summer, Trump’s Truth Social media business is pushing a new scheme that offers wealthy buyers special early access to his posts for a fee of $100,000 a month, which top Democrats and public interest groups say pose serious conflict of interest and corruption issues.

This is some of why at least some Americans probably wish the Iran plot succeeded

Do you hear the people sing? Singing the song of angry men.

  • lavander@lemmy.dbzer0.com
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    7 days ago

    Hell yeah! Both parties are the same!

    Who doesn’t remember the Obama beans Ponzi scheme?

    Or Biden cryptocurrency?

    All Democrats are billionaires in fact!

    (/s if not obvious)

    • thethrilloftime69@feddit.online
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      7 days ago

      Nah I mean think about how long Senators and Congress people have engaged in insider trading. At least 30-40 years maybe longer. Trump just doesn’t hide his criminal activity and he probably engages in it at a volume never seen before, but a lot of these actions basically amount to insider trading.

      Also both parties don’t support universal healthcare, they both support Israel, they both don’t support workers unions, they both believe in bailing out big business, they both support immigration camps at the border.

      Yeah one doesn’t support having the gestapo abducting and murdering people in broad daylight, but like is that the ONLY thing that needs to end to fix the country?