{"id":43431,"date":"2025-08-21T16:32:04","date_gmt":"2025-08-21T16:32:04","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=43431"},"modified":"2025-08-21T16:32:04","modified_gmt":"2025-08-21T16:32:04","slug":"is-trump-crypto-conflict-of-interests-the-real-ftx-of-this-bullrun","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=43431","title":{"rendered":"Is Trump Crypto Conflict of Interests The Real FTX of This Bullrun?"},"content":{"rendered":"<div>\n<p>At the SALT conference in Jackson Hole, Rep. Angie Craig (D-Minn.) put words to what many in Washington have been whispering: the President Trump crypto empire is an insider trading scam on the American people.<\/p>\n<blockquote>\n<p>\u201cIt\u2019s no secret that my side of the aisle would prefer not to see any sitting President \u2014 I won\u2019t name one \u2014 participating in this market while a sitting president unless those assets are in a sealed trust,\u201d Craig said.<\/p>\n<\/blockquote>\n<ul>\n<li>2016 Trump: Had neocon wranglers and handlers<\/li>\n<li>2020 Biden: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Hated crypto<\/a> and just ate ice cream<\/li>\n<li>2024 Trump is just a mob boss surrounded by yes men who are privatizing crypto for the elites<\/li>\n<\/ul>\n<p>That\u2019s the gist of it. The question is, are these claims true, and are we looking at the next <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/analysis\/top-crypto-stocks\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">FTX collapse<\/a>?<\/p>\n<h2>The Trump Family\u2019s Crypto Ventures<\/h2>\n<p>Trump, along with his sons Eric and Donald Jr., has been directly involved in the industry since his return to the White House in January. Trump has released meme coins tied to his name, while Truth Social has filed ETF applications.<\/p>\n<p>Additionally, Eric Trump co-founded American Bitcoin, a mining company owned by Hut 8.<\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/span><\/a><\/strong><\/p>\n<p>Craig argued that this dynamic has become \u201cthe elephant in the room\u201d for Democrats considering the<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Digital Asset Market Clarity Act<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Trump stopped investigating crypto fraud after starting a crypto company<\/p>\n<p>Fired the ethics watchdog overseeing him<\/p>\n<p>Stopped investigating sex trafficking while protecting the Epstein files<\/p>\n<p>Ended foreign bribery laws while taking a jet from Qatar<\/p>\n<p>The real crime spree in DC is <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f447-1f3fb.png\" alt=\"\ud83d\udc47\ud83c\udffb\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/qAweBgv2H0\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/qAweBgv2H0<\/a><\/p>\n<p>\u2014 Melanie D&#8217;Arrigo (@DarrigoMelanie) <a href=\"https:\/\/twitter.com\/DarrigoMelanie\/status\/1955590621642768782?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">August 13, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The ethical concerns aren\u2019t new. Watchdog groups and several lawmakers have flagged the fact that Trump is actively enriching himself while shaping crypto policy. The $TRUMP memecoin dinner, hosted at his Virginia golf club, crystallized those concerns: top token holders were treated to access and recognition, while protesters outside accused the president of self-dealing.<\/p>\n<blockquote>\n<p>\u00a0\u201cJust because the corruption is playing out in public, where everyone can see it, doesn\u2019t mean that it isn\u2019t rampant, rapacious corruption.\u201d \u2013 Sen. Chris Murphy (D-Conn.)<\/p>\n<\/blockquote>\n<p>Inside the administration, Trump\u2019s \u201ccrypto czar\u201d David Sacks has downplayed the issue, insisting his job is about growing the market, not policing Trump\u2019s personal businesses.<\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">9+ Best High-Risk, High-Reward Crypto to Buy in July 2025<\/span><\/a><\/strong><\/p>\n<h2>What Comes Next For Trump and Bitcoin<\/h2>\n<div class=\"cpp-crypto-chart cpp-crypto-chart-99btc cpp-crypto-chart-BTC\" data-coin-symbol=\"BTC\" data-price-usd=\"BTC Price (USD)\" data-main-color=\"#4caf05\" data-watermark-image=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/99bitcoins-logo.png\" data-chart-style=\"99btc\">\n<div class=\"cpp-chart-top-section\">\n<div class=\"cpp-chart-info-section\">\n<div class=\"cpp-chart-logo\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/02\/26205235\/btc.svg\" alt=\"BTC logo\"><\/div>\n<div class=\"cpp-chart-coin-details\">\n<div class=\"cpp-chart-labels-row\">\n<div class=\"cpp-chart-coin-name\">Bitcoin<\/div>\n<div class=\"cpp-chart-price-info\">Price<\/div>\n<div class=\"cpp-chart-market-cap\">Market Cap<\/div>\n<\/div>\n<div class=\"cpp-chart-values-row\">\n<div class=\"cpp-chart-coin-symbol\">BTC<\/div>\n<div class=\"cpp-chart-price\"><\/div>\n<div class=\"cpp-chart-market-cap-value\">$2.25T<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cpp-chart-selectors cpp-chart-selectors-99btc\"><span class=\"cpp-chart-selector\" data-period=\"24h\">24h<\/span><span class=\"cpp-chart-selector\" data-period=\"7d\">7d<\/span><span class=\"cpp-chart-selector\" data-period=\"30d\">30d<\/span><span class=\"cpp-chart-selector\" data-period=\"1y\">1y<\/span><span class=\"cpp-chart-selector\" data-period=\"all_time\">All time<\/span><\/div>\n<\/div>\n<p><canvas id=\"cpp-chart-68a748a0f206a\" class=\"cpp-chart-container cpp-chart-container-99btc\"><\/canvas><\/div>\n<p>The Senate Banking Committee is at work on a competing version of the market structure bill and Republicans are pushing in lockstep.<\/p>\n<p>Meanwhile, we\u2019ve never seen a President push memecoins, ETFs, and mining interests all at once. Is any of this legal? At the very least, hopefully we don\u2019t see an <strong>FTX 2.0<\/strong>.<\/p>\n<p><strong>EXPLORE: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/tether-ceo-paolo-ardoino-hopes-for-net-positive-from-us-elections-says-bitcoin-strategic-reserve-is-a-great-idea-99bitcoins-exclusive\/\" target=\"_blank\" rel=\"noopener\">Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener nofollow\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Trump crypto is raising many ethical red flags. The question is, are these claims true and are we looking at the next FTX collapse?    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        All eyes are on Powell this week. As inflation lingers and labor metrics soften.    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/is-trump-crypto-conflict-of-interests-the-real-ftx-of-this-bullrun\/\">Is Trump Crypto Conflict of Interests The Real FTX of This Bullrun?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>At the SALT conference in Jackson Hole, Rep. Angie Craig (D-Minn.) put words to what many in Washington have been whispering: the President Trump crypto empire is an insider trading scam on the American people. \u201cIt\u2019s no secret that my side of the aisle would prefer not to see any sitting President \u2014 I won\u2019t [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-43431","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43431"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43431\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}