Trump’s cryptocurrency endeavor caps a political c... The Guardian

Trump’s cryptocurrency endeavor caps a political career filled with conflicts of interest

The Guardian May 14, 2025

<p>Trump’s foray into cryptocurrency involves him leveraging his presidency for personal gain and operating in an industry he has power over</p><p>The 220 winners of a <a href="https://www.theguardian.com/technology/cryptocurrencies">cryptocurrency</a> contest were told on Monday to look out for an email featuring “the most exclusive invitation in the world”. As a reward for spending immense amounts of money, in some cases millions of dollars, they had won the prize of attending a private gala with <a href="https://www.theguardian.com/us-news/donaldtrump">Donald Trump</a> at his own Washington DC golf club later this month.</p><p>Awarding access to the president in exchange for investment in his crypto endeavor was Trump’s latest conflict of interest in a <a href="https://www.citizensforethics.org/reports-investigations/crew-reports/president-trumps-3400-conflicts-of-interest/">political career filled</a> with, in the words of one of his most repeated catchphrases, “many such cases”. Real estate holdings, a media company, merchandising deals, <a href="https://www.theguardian.com/us-news/article/2024/may/30/trump-trial-hush-money-verdict">fraud</a> and most recently Qatar’s <a href="https://www.theguardian.com/us-news/2025/may/13/trump-qatar-plane-maga-republicans">gift of a $400m plane</a> are only some of the myriad of entanglements that government ethics watchdogs have warned about for a decade now.</p> <a href="https://www.theguardian.com/us-news/2025/may/14/trump-crypto-conflict-interest">Continue reading...</a>

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