Is Trump Fact Social the most important menace to crypto and wider world peace? Former President Trump is once more inserting himself into the center of Center East instability. Over the weekend, he publicly entertained the concept of toppling Iran’s management in a Fact Social submit that has ramifications far past the U.S.
And even because the missiles fly, a few of Trump’s most loyal MAGA defenders are nonetheless on-line, performing Olympic-level backflips to fake their man didn’t simply do precisely what they swore he wouldn’t.
In the meantime, again dwelling, questions linger about Trump’s crypto dealings on Fact Social. As of late, Trump’s title stays tangled in crypto pump jobs that ethics watchdogs say blur the road between political affect and private acquire. Right here’s how Fact Social is destroying crypto:
‘I Have By no means Seen Such Open Corruption’: Trump Crypto Shady Dealings
Whereas B-2 bombers ready to enter the Center East, Donald Trump entertained crypto whales over filet mignon solely weeks in the past. Particularly, the president rolled out a non-public 1-on-1 assembly about his memecoin $Trump, a speculative token with zero utility.
Considered one of them, crypto billionaire Justin Solar, dropped $20 million into the coin, which earned him a golden ticket to a non-public dinner alongside 24 different high-rolling consumers. The entire thing reeks of self-enrichment.
Former federal prosecutor Paul Rosenzweig labeled it a “textbook” breach of the Structure’s intent. Harvard political scientist Steven Levitsky was extra direct:
“I’ve by no means seen such open corruption in any fashionable authorities anyplace.”
For the file: No one turned on Trump. He turned on his base.
Do not let any Con Inc. influencer gaslight you into believing in any other case. pic.twitter.com/dwHjhEMik6
— Crimson Capsule USA (@Red_Pill_US) June 17, 2025
Trump’s relationship with Justin Solar says a lot about the place his head’s at. As soon as skeptical of crypto, the previous president champions it as gospel.
Earlier this yr, his administration helped pause SEC fraud instances in opposition to Solar’s corporations. All of it matches neatly into Trump’s pledge to make America the “crypto capital of the planet” and finish what he referred to as a “conflict on crypto.”
Behind the scenes, the previous president is cashing in. His blockchain empire, together with World Liberty Monetary, was valued at $2.9 billion in March. 75% of token gross sales reportedly go straight to the Trump household.
The Price of Ambition
Trump’s twin methods of worldwide saber-rattling and crypto profiteering have drawn condemnation as exploitative and self-serving.
Trump as soon as referred to as Bitcoin “a rip-off,” and now he’s neck-deep in meme coin money grabs. His involvement within the $Trump token contradicts every little thing he stated in 2021 until, in fact, the rip-off simply wanted to work in his favor.
As Trump and his institutional backers money in, belief amongst retail buyers continues to crater. 99Bitcoins analysts will comply with his subsequent strikes carefully, if solely to doc how deep the contradiction runs.
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Key Takeaways
As conflict in Iran lingers again dwelling, questions linger about Trump’s crypto dealings on Fact Social.
Trump’s twin methods of worldwide saber-rattling and crypto profiteering have drawn condemnation as exploitative and self-serving.
The submit Is Trump Fact Social The Greatest Menace to Crypto in 2025? appeared first on 99Bitcoins.
