Donald Trump returned to the White House promising to make America the crypto capital of the world, despite having once dismissed Bitcoin as “not money” and warned it was “based on thin air” in a 2019 tweet.

In his first year back in office, Trump has set that scepticism aside as it has become clear crypto presents an extraordinary business opportunity.

A new financial disclosure hints at just how lucrative those ventures have become, with Trump disclosing more than $1.4 billion USD in income from family crypto ventures last year, raising questions about how far a president can go in turning public office into a money-making machine.

Today, journalist and research director for Public Citizen’s Trump Accountability Project, Zach Everson, on Donald Trump’s crypto empire and the new frontier of political corruption in America.

 

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Guest:  Journalist and research director for Public Citizen’s Trump Accountability Project, Zach Everson

Photo: AP Photo/Mark Humphrey

Donald Trump returned to the White House promising to make America the crypto capital of the world, despite having once dismissed Bitcoin as &ldquo;not money&rdquo; and warned it was &ldquo;based on thin air&rdquo; in a 2019 tweet.
In his first year back in office, Trump has set that scepticism aside as it has become clear crypto presents an extraordinary business opportunity.
A new financial disclosure hints at just how lucrative those ventures have become, with Trump disclosing more than $1.4 billion USD in income from family crypto ventures last year, raising questions about how far a president can go in turning public office into a money-making machine.
Today, journalist and research director for Public Citizen&rsquo;s Trump Accountability Project, Zach Everson, on Donald Trump&rsquo;s crypto empire and the new frontier of political corruption in America.
&nbsp;
If you enjoy 7am, the best way you can support us is by making a contribution at <a href="http://7ampodcast.com.au/support">7ampodcast.com.au/support</a>.
&nbsp;
Socials: Stay in touch with us on <a href="http://www.instagram.com/7ampodcast">Instagram</a>
Guest:&nbsp; Journalist and research director for Public Citizen&rsquo;s Trump Accountability Project, Zach Everson
Photo:&nbsp;AP Photo/Mark Humphrey

An independent daily news show. We feature the country’s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

An independent daily news show. We feature the country&rsquo;s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

Trump’s billion-dollar crypto empire

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