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Accumulate. Raskin characterize accuses Trump of using crypto to make $800 million in profits thru corruption.
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Foreign-backed investors reportedly funded Trump-linked tokens, staring at for extremely efficient political advantages and favors
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Story warns Trump’s plentiful crypto wealth reveals harmful loopholes in U.S. anti-corruption system.
Accumulate. Jamie Raskin, the top Democrat on the House Judiciary Committee, has released a characterize accusing President Donald Trump and his household of using the White House as a “non-public money-making machine.”
The characterize says that Trump has remodeled 800 million in precisely a month thru crypto ventures tied to foreign governments, industry allies, and even criminal teams.
Trump Crypto Corruption Story: $800M
In accordance to the House Judiciary Committee’s November 24, 2025, workers characterize titled “Trump, Crypto, and a Unique Age of Corruption.”
The characterize claims that Trump’s household earned bigger than $800 million from crypto sales in H1 2025 on my own, whereas their household’s total crypto holdings grasp reached $11.6 billion.
Accumulate. Jamie Raskin mentioned Trump “grew to change into the Oval Place of work staunch into a scary crypto startup,” accusing him of blending politics, money, and foreign influence.
He warns that Congress must act sooner than “foreign actors and rich insiders rewrite the legal pointers for their gain earnings.”
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Foreign Money, Crypto Tokens, and Political Favors
Extra reports cloak that foreign nationals and reveal-backed teams invested an phenomenal quantity of money into Trump-related crypto tasks, corresponding to World Liberty Monetary (WLFI), MELANIA, and the TRUMP token.
In return, the administration allegedly supported decisions that enjoyed these investors, including shutting down the DOJ’s National Crypto Enforcement Team (NCET) in April 2025 and lifting sanctions on Twister Cash.
There grasp been additionally claims of quietly ending investigations into fundamental crypto companies like Coinbase, Gemini, Ripple, and Kraken.
Most unbiased recently, Trump pardoned Binance’s CZ, no topic his money-laundering conviction.
Trump Savior or Crypto Kingpin?
Raskin’s characterize ends with a warning that Trump’s immediate upward push to billions thru crypto in under a year reveals fundamental weaknesses in U.S. advertising campaign finance and anti-corruption legal pointers.
Nonetheless, many bullish crypto traders seek the reverse tale. They praise Trump as a prime who freed the crypto market, helped Bitcoin reach $125,000, and pushed for clearer laws in america.
