Trump family's net worth has increased by $2.9 billion thanks to crypto investment

The media needs to stop pretending about Trump's 'conflicts' | Opinion

Words matter. When the media points out Trump’s “potential conflicts of interest,” as it has in recent days when describing Trump’s growing crypto enterprise, it doesn’t come close to telling the public what’s really going on — unprecedented paybacks and self-dealing by the president of the United States, using his office to make billions.

The correct word is corruption. Trump holds a private dinner at the White House for major speculators who purchase his new cryptocurrency, earning him and his allies $900,000 in trading fees in just under two days. One senator calls this “the most brazenly corrupt thing a president has ever done.”
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To describe these as “potential conflicts of interest” misses the point. A “potential conflict of interest” sounds like an unfortunate situation in which it’s possible that Trump might choose his own personal interest over the nation’s. Stated this way, the problem is the conflict.

But Trump isn’t conflicted. He repeatedly chooses his (and his family’s) interests over the nation’s. He is using the authority and trappings of the presidency of the United States to make money for himself and his family. And in his second term, this corruption is more flagrant than it was in the first.

 

Trump’s White House dinner tonight costs $1.5M to attend, and he might not even show up

President Donald Trump is hosting a dinner at the White House tonight that costs $1.5 million per person, and he might not even make it.
The event, called the “Crypto & AI Innovators Dinner,” is being held by MAGA Inc., a super PAC raising funds for Trump, who is already back in office.

The event features David Sacks, a tech investor who’s been advising on crypto and AI policy from inside Washington. This is the first of two blockchain-linked events Trump has scheduled this month, and both are pulling in big money.

The PAC hasn’t said what it plans to do with the millions it’s collecting, and Trump, despite being president again, is using outside channels to gather political support and cash. The terms of the event clearly state that it can be canceled “for any reason,” and if that happens, attendees will walk away with a Trump NFT instead of a dinner.
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Later this month, on May 22, Trump will hold another dinner — this time not for fiat-rich donors, but for holders of the $TRUMP meme coin. That event will take place at Trump National, the president’s private club in the Washington, D.C. area. The guest list won’t be curated by campaign staff or lobbyists, but by a blockchain leaderboard controlled by the coin’s creators. The contest to win a seat runs through May 12, and only the top 220 token holders will get a spot at the table.