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TEXXR

Chronicles

The story behind the story

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Sources detail how crypto flooded Trump with cash, including $50M+ in donations from at least eight execs, and how he is doing much of what the industry wants

The president had called cryptocurrency a ‘scam’ but during his campaign last year he was persuaded of its value, especially as an investment for the Trump family

Wall Street Journal

Discussion

  • @jdawsey1 Josh Dawsey on x
    How crypto flooded Trump with cash — both directly to him and to his political efforts — and how the “crypto president” is now doing much of what the industry wants: https://www.wsj.com/...
  • @atrupar Aaron Rupar on x
    Had Biden launched a memecoin in Jan 2021 and made billions from it while president, Fox would still be broadcasting special live coverage right now. I know this type of observation is tiresome, but the asymmetry is astounding. (Also note the euphemistic use of “personal element”
  • @rebeccaballhaus Rebecca Ballhaus on x
    Bo Loudon, an 18-year-old friend of Barron Trump, has touted his connections in calls with cryptocurrency executives seeking access to the Trump family. In one call, he said it would cost tens of thousands of dollars to keep him on retainer. https://www.wsj.com/...
  • @rebeccaballhaus Rebecca Ballhaus on x
    Trump was regaling donors at Mar-a-Lago about all his administration was doing for the crypto industry when he turned to a more personal element: all the crypto money he is making as president. He marveled at how much $ his memecoin could bring in and asked the audience if they
  • r/politics r on reddit
    The Forces That Flipped Trump From Crypto Critic to ‘Crypto President’