It’s immoral to let a sucker keep his money
Just in case there are any Trump fanboys with some credit left to tap who weren’t made bankrupt from his collapsing meme stock. Trump is offering another exclusive series of visits from the Florida Wallet Inspection Service:
A day after an apparent assassination attempt against former President Donald J. Trump, he appeared on a livestream on Monday to champion his latest business venture: cryptocurrencies.
“Crypto is one of those things we have to do,” Mr. Trump said on X. “Whether we like it or not, I have to do it.”
Beside him were his collaborators, including a family friend; Mr. Trump’s two oldest sons, Donald Trump Jr. and Eric Trump; and two little-known crypto entrepreneurs with no experience running a high-profile business. Together, they were rolling out Mr. Trump’s crypto venture, World Liberty Financial, a project that has already raised concerns about the former president’s conflicts of interest and even alarmed some of his most vocal supporters in the industry.
[…]
Danielle Brian, executive director of the Project on Government Oversight, a nonpartisan watchdog group, said that if Mr. Trump was elected in November, his involvement in the crypto venture would create serious conflicts of interest. The Securities and Exchange Commission has cracked down on the industry, arguing that nearly all cryptocurrencies are unregistered securities and ought to be regulated like stocks traded on Wall Street.
Mr. Trump “would be able to push regulatory agencies to favor businesses he is involved in,” Ms. Brian said. Ethics experts have said that his ownership of the social media company raises similar issues.
Great, another incentive for Trump not to concede the election if he loses!
And, as with all late-period Trump cons, every mark deserves what they get:
For years, Mr. Trump was a crypto skeptic who denounced Bitcoin as a “scam.” But on the campaign trail, he has morphed into a vocal supporter, speaking at a popular industry conference and drawing donations from crypto executives.
Look, if you invest in any crypto other than LoomCoin you’re massive sucker.