President Trump's shameless corruption and hypocrisy

manager24.pl 1 month ago

Cryptovaluta called Trumpcoin, real property transactions and luxury jet donated by Qatar : during the second word of president of the United States Donald Trump's accusations are increasing, That the president and his household are insolently rich. Among another things, the “exclusive” reception given on Thursday evening by the right-wing populist met with harsh criticism: Trump invites the most conscientious buyers of his individual cryptocurrency $Trump to an exclusive dinner.

"Eat dinner with president Trump" says the slogan on the "most exclusive invitation in the world" website alongside the image of the President. Trump, rejuvenated and thinned in the photograph with the aid of artificial intelligence, invited 220 major investors of his alleged Trumpcoin, in short $TRUMP. Location: 1 of the golf clubs belonging to the real property marketplace tycoons northwest of Washington. 25 "best" merchants will besides be invited to an "exclusive reception" by Trump before dinner and VIP tour of the White House.

The dinner announcement has sparked a wave of investors in fresh weeks who have bought Trump's memcoin in bulk and pumped millions into the Trump clan's cash registers. Among the guests was the American logistics entrepreneur Javier Selgas who borrowed tens of millions of dollars to buy memecoins promoted by Trump. He considers it a "effective way to advance fair trade," Selgas said.

A fewer days before taking office on 20 January Trump launched the alleged Memecoin and his wife Melania launched her own virtual currency. Memecoins are a kind of digital commemorative coins that have no additional function and have no interior value. Trumpcoin $Trump depicts a well-known image of Trump's activist raising his fist and shouting "Fight, Fight, Fight" to his supporters after an unsuccessful assassination in July 2024. Memecoin was launched via Cryptocurrency firm “World Liberty Financial” (WLF) whose majority shareholder is the Trump clan.

WLF has now become The most crucial device to the individual enrichment of Donald Trump and his family: people wanting to be close to Donald Trump invest in commemorative coins with his name to guarantee the favour of the president of the United States. The WLF team, which allegedly shapes the "future of finance", includes Donald Trump and his 3 sons: Eric, Donald Jr. and Barron Trump, as well as his individual trustee and peculiar U.S. envoy Steve Witkoff and his boy Zach Witkoff.

Trump's cryptocurrency is headed by U.S. Senator Chris Murphy (51) from the Democratic Party. "The president should not sale access to himself or to the Oval Office," says Connecticut State lawyer. It demands the publication of a list of participants, as according to media reports they are mostly foreigners. "These could be terrorists or oligarchs sanctioned," Murphy warns.

According to his own statements, 1 of the 5 largest investors in the $Trump is simply a Chinese cryptocurrency entrepreneur Justin Sun (34) , who invested $18.6 million in Trumpcoin. He wrote on the net portal X that he feels “honored” to have dinner with the President. Sun late had to face fraud charges, but under Trump's rule, an out-of-court settlement is under way. Last year, Sun paid about $6 million for the artistic task "Comediant" – a banana glued to the wall, which he then ate. Just after the U.S. election, Sun invested about $75 million in Trump planet Liberty Financial's cryptocurrency company.

According to CNBC reports, respective owners of Trumpcoin cryptocurrency made quite a few money, while the vast majority lost. After the Trump inauguration on January 20, Trumpcoin's price rose to $75, followed by shortly falling to $10–15. Just before Thursday's reception, Trump memecoin again gained value, and the bitcoin value reached a evidence tallness of nearly $110,000.

Trump previously described highly risky cryptocurrency as “a disaster waiting for it to happen”. But seemingly his sons convinced him of his business potential. A household company charges fees for each purchase, the value of which, according to estimates, is already a two-digit number of millions. As British Economist writes, the cryptocurrency manufacture has found itself currently at the heart of American politics.

At the same time, Trump Organization continues to invest in luxury properties worldwide. Prior to the President's journey to the Gulf States, Trump's older sons, Eric and Donald Jr., prepared transactions worth billions of dollars. In Vietnam, president Eric's boy finalized the construction of a luxury vacation hotel with a golf course for $1.5 billion on Wednesday. At the same time, negotiations are underway with Vietnam and another countries on Trump duties.

US Government He besides officially accepted a luxury jet donated by Qatar. A $400 million Boeing 747 is expected to service as a presidential aircraft. To dispel Trump's suspicions of corruption, the plane officially flies to the Pentagon.

Tiffany Muller, president of the anti-corruption ECU lobbying group, speaks of “honorless corruption and hypocrisy”. This is precisely what she expected from Trump, for which the most crucial thing is his own enrichment.

The United States ultimate Court cannot be expected to halt right-wing populists. Cryptovaluts in USA are not subject to virtually any regulation . Moreover, last summer, the judges ruled that the president was granted broad immunity to defend him from prosecution for authoritative acts.

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