Tag Archives: Bitcoin

Raw Story: ‘Second biggest scandal’: Trump accused of new grift that puts Qatari plane in Shade

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“The plane is the second-biggest scandal on this trip,” Sen. Chris Murphy (D-CT) told Raw Story. “The $2 billion crypto investment in Trump stablecoin [by an Emirati firm] is the more offensive grift.”

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Now, Trump is unshackled. The president and his sons aren’t even pretending to close shop: they’re expanding, thirsty for deals like the one they signed in April to build a golf club in Qatar.

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“What he’s doing is already illegal, so we don’t actually need a statute for that,” Schatz told Raw Story. “Now I would say his corruption complicates the conversation for sure, but I am not one of these people who think we need to make a new law to reiterate that the existing laws shouldn’t be broken.”

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As for the confluence of multi-billion dollar crypto investments, real-estate deals and a $400 million plane?

“That’s just what we know,” Whitehouse said. “I don’t think it gets better.”

‘Second biggest scandal’: Trump accused of new grift that puts Qatari plane in Shade

https://www.rawstory.com/raw-investigates/trump-qatar-plane-2672031382

Daily Beast: Stephanopoulos Slams Trump and Family’s ‘Brazen Corruption’

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The star anchor hammered the president for exploiting the highest office in the land for “billions of dollars.”

George Stephanopoulos came out swinging against President Donald Trump and his family during the opening remarks of his This Week broadcast on Sunday.

Stephanopoulos alleged that the Trump clan has exploited the highest office in the land to generate “billions of dollars” in deals.

“The scale is staggering,” the ABC host said. “President Trump and his family are making hundreds of millions, potentially billions of dollars as Trump and his administration take official actions that benefit contributors and investors.”

Stephanopoulos Slams Trump and Family’s ‘Brazen Corruption’
The star anchor hammered the president for exploiting the highest office in the land for “billions of dollars.”

https://www.thedailybeast.com/abcs-george-stephanopoulos-slams-donald-trump-and-familys-brazen-corruption

Alternet: Alarm raised over Trump admin corruption following Trump media move

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Monday reporting from the Financial Times that U.S. President Donald Trump’s family media company “plans to raise $3 billion to buy cryptocurrencies” sparked a fresh wave of alarm over his administration’s policies and potential corruption.

After winning a second term last year, the Republican president transferred his stake in Trump Media & Technology Group (TMTG)—which is behind the Truth Social platform—to a revocable trust overseen by his son Donald Trump Jr.

Citing six unnamed sources, FT reported that TMTG “aims to raise $2 billion in fresh equity and another $1 billion via a convertible bond,” and “also plans to launch an exchange-traded fund focused on cryptocurrency.”

https://www.alternet.org/trump-media-crypto/

https://www.alternet.org/trump-media-crypto

Telegraph: ‘It’s open season for corruption’: How Trump turned the White House into a cash cow

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Naked profiteering by the US president and his family has triggered alarm bells in the Maga movement

Most.

Corrupt.

President

Ever!

Donald Trump caught his first sight of the so-called “palace in the sky” in February as he climbed the red-carpeted steps of the Boeing 747-8.

The Qatari plane was parked at Florida’s West Palm Beach International Airport, and offered a chance for the president to see what a newly refitted Air Force One could look like, easing his frustration with the long-delayed Boeing project.

In the event, it appears to have been more of a test drive. His administration’s plan to accept the $400m (£300m) luxury jet from the Qatari royal family, which he is expected to use after his presidency, is the latest example of what many view as an increased disregard for ethics in Washington under his second term.

During his first term in the White House, foreign governments buying meals and block-booking rooms at Trump hotels set alarm bells ringing.

Yet now the president has created even more opportunities for those looking to curry favour with him – and his children. From pay-to-dine cryptocurrency schemes, a new social media platform that carries advertising and the expansion of their property empire, it has never seemed easier for the Trump family to line their pockets.

https://www.telegraph.co.uk/business/2025/05/18/trump-turned-white-house-cash-machine