Trump has pulled the handle on the presidential slot machine and raked in another $5 billion for his family. This brings his total net earnings since last fall to a neat $7.2 billion all juiced off the presidency. Merica there is no country like it.
"Donald Trump and his family made approximately $5 billion on Monday when WLFI, the token associated with their crypto venture, World Liberty Financial, began trading on public markets. But World Liberty is far from the only crypto-based money-making business the president has going on right now. Indeed, it seems that on any given day, the leader of the free world—who once called Bitcoin a “scam” but is now “a big crypto fan” who wants to build a “strategic bitcoin reserve”*—is finding new opportunities to enrich himself through crypto dealings."
Face it Americans love to treat their convicted felons,...er... presidents in a kingly fashion. "In July, Trump signed into law the GENIUS Act, which makes it easier for banks and other financial entities to issue digital currencies known as stablecoins. During the signing at the White House, he told reporters: “I pledged that we would bring back American liberty and leadership and make the United States the crypto capital of the world. And that’s what we’ve done under the Trump administration.” (Critics were less enthused about the new law, with Carla Sanchez-Adams, senior attorney at the National Consumer Law Center, saying it would “benefit only crypto-billionaires and large corporate actors while exposing ordinary consumers to incredible risk with no protection.”)"