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Donald Trump and Cryptocurrency: Investigating Connections and Influence

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by Giorgi Kostiuk

5 hours ago

Recent data reveals significant involvement of the Trump family in cryptocurrency projects, raising numerous questions among experts and analysts.

Trump’s Crypto Holdings and TRUMP Meme Coin

Donald Trump became the first head of state to launch an official meme token, TRUMP, before assuming office. The lack of information on the exact date and purchase price of Ethereum indicates gaps in financial disclosures. Analysts express concerns as 80% of TRUMP tokens are held by Trump-affiliated entities.

"There’s no sugar-coating this – these tokenomics are horrendous for a meme-coin."David Zimmerman, K33 analyst

Top 5 Crypto Tokens of World Liberty Financial

The Trump family holds numerous crypto assets through World Liberty Financial. Key cryptocurrencies include Ethereum, staked Ether, Move, Tron, and WhiteRock. These assets are influenced by the Trump administration's strategic crypto policies.

"The introduction of these coins during the presidential inauguration raises concerns about potential conflicts of interest and may undermine the dignity of the president and the first lady."Grzegorz Drozdz, Conotoxia analyst

Connections of PayPal Mafia, Trump, and Crypto

Prominent figures of PayPal mafia, such as David Sacks and Peter Thiel, hold significant positions in the Trump administration and wield considerable influence in the crypto industry. Their involvement in Solana and other projects suggests potential influence through strategic cryptocurrency policy changes.

The Trump family's influence on the crypto market sparks numerous debates and concerns over potential conflicts of interest and ethical violations.

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