Trump’s crypto venture reaches into Americans’ wallets

Image credit: AI-generated via Freepik. Opinion article by Amanda Marcotte. Salon – May 2, 2025.

Donald Trump was corrupt in his first term, using his various properties as cut-outs to collect money from foreign governments and businesses seeking favor. The properties also created opportunities to funnel money from the federal government and the GOP coffers into his bank account, forcing both to rent rooms and hold events at Mar-a-Lago and various Trump hotels. But all that is a pittance compared to what Trump has set up in his second term. His crypto “firm” allows various actors to bribe Trump outside the normal banking system, making it hard to trace payments and hold people accountable. […]

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