- United States
- Minn.
- Letter
I’m writing to you because I’m deeply concerned by the crypto conflicts of interest present in the Trump family and administration. Top of mind are:
1. The Trump meme coin generates money directly for the Trump family with every single transaction through fees as well as the Trumps owning a significant amount of the coin. Not only that but these fees are directly influenced by the Trump Administration's changing policies and reversals of oversight.
2. Trump is offering dinner to the top holders of his crypto currency, in effect selling access to the presidency.
3. The World Liberty crypto firm, 60% owned by the Trump family, which makes Trump not only a huge crypto investor but also in charge of policy, again a conflict of interest. We see this clearly as a massive increase in World Liberty holdings as a direct result of Trump's announcement of a "crypto stockpile."
This grift amounts to nothing more than the fleecing of America. It is atrocious and we cannot let it stand!