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Cryptocurrency News Articles

Donald Trump’s $113b crypto grift is a dark omen

Jan 20, 2025 at 05:30 am

The value of the president-elect’s “official” crypto coin has gone to $US70 billion since its launch on Friday night. But no one should be celebrating its apparent success.

Donald Trump’s $113b crypto grift is a dark omen

Donald Trump’s $113b crypto grift is a dark omen

The value of the president-elect’s “official” crypto coin has gone to $US70 billion since its launch on Friday night. But no one should be celebrating its apparent success.

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How times change.

Just before he took office in 1977, former US president Jimmy Carter put his famous peanut farm into a blind trust. It was one of several measures that Carter, who died last month, announced before his inauguration to avoid potential conflicts of interest and other ethical concerns.

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