SEC and Treasury look away as President controls $12 billion crypto while setting policy

Constitutional Law
Economy
Ethics in Government
+1 more

President Trump has built a $12+ billion cryptocurrency empire through World Liberty Financial and the $TRUMP memecoin while in office, creating unprecedented conflicts of interest. With 80% ownership of a volatile digital asset worth billions, every crypto policy decision directly enriches Trump personally. Foreign governments including UAE and Russia have invested $2+ billion in his platforms, potentially violating the Constitution's Emoluments Clause prohibiting foreign payments to presidents.

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Why This Matters

💰 Presidential office becomes personal ATM:

Trump cryptocurrency ventures generate millions in revenue while he sets policies affecting digital assets, creating direct conflicts between personal profit and public policy that violate constitutional limits

📈 Market manipulation through presidential power:

Trump social media posts about cryptocurrency cause massive price swings that benefit his investments, showing how presidents can abuse their platform to generate personal wealth

🏛️ Emoluments Clause violated in real time:

The Constitution prohibits presidents from receiving payments from foreign sources, but Trump crypto empire includes international investors and partnerships that create exactly the corruption founders sought to prevent

⚖️ No enforcement of constitutional limits:

Congress and courts are failing to stop the most blatant constitutional violations in American history, proving that constitutional text means nothing without institutions willing to enforce it

🔄 Precedent for future corruption:

If Trump can openly monetize the presidency through cryptocurrency while setting related policies, future presidents will assume they can use any business venture to extract wealth from their office

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