‘Perfect Vehicle to Funnel Money’: John Oliver Slams Trump’s Crypto Foray on HBO
On a show that averages 4.1 million viewers across TV and online channels, a prominent comedian and political commentator didn’t hold back in laying out the Trump connections to digital assets. Oliver painted crypto as being the family’s main business concern, outpacing real estate.
Whereas Trump initially called Bitcoin a scam and flagged crypto as a ‘disaster waiting to happen,’ he has reinvented himself now as the ‘first crypto president.’ His recent financial filings show his personal income exceeds $2.2 billion in his first year back in office, $1.2 billion of which is from crypto.
The President and First Lady have each launched their own meme coins, both of which crashed 92% and 99% from early highs. An estimated 1 million retail traders lost a total of $3.8 billion trading $TRUMP. Oliver suggested that the President was offering White House access in exchange for investment in the meme coin in some cases.
John Oliver breaks down how Donald Trump’s personal income hit $2.2 billion in his first year back in office, with $1.4 billion of it coming from the family’s crypto businesses.
… Continue reading the full article at the original source below.
