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Trump made more than $1B on crypto deals, part of 2025 windfall
- eclipticplane 4mo agoAnd a few decades ago, Carter put his family peanut farm into a blind trust to avoid the mere suspicion of a conflict of interest.
- AmericanOP 4mo ago"Yeah, there is one thing. My own morality. My own mind. It's the only thing that can stop me." - Donald Trump, Jan 2026
- shimman 4mo agoGreat onion article about this if you haven't read it: https://theonion.com/you-people-made-me-give-up-my-peanut-farm-before-i-got-1819585048/ https://theonion.com/you-people-made-me-give-up-my-peanut-fa...
- jfengel 4mo agoThat article was written in January 2017. I think that even the article writer would be shocked by how bad the reality of it actually is.
- mlrtime 4mo agoAnd yet the Congress refuses to pass any insider trading laws for themselves.
- AmericanOP 4mo agoA scandal a day makes day trading on war news from the oval office okay
- fortran77 4mo agohttps://www.wsj.com/politics/policy/trump-made-more-than-1-billion-on-crypto-deals-part-of-2025-windfall-ee917d3f?st=WdNkGc&reflink=desktopwebshare_permalink https://www.wsj.com/politics/policy/trump-made-more-than-1-b...
- tonetheman 4mo ago[dead]
- supertroop 4mo agoThat’s it??? With all the corruption he has visibly demonstrated and his long list of boot licks I would have expected 10x that.
- reverius42 4mo agoHe's extremely corrupt, but not actually that good at making money and never has been.
- tinbad 4mo agoThis is just what’s known, now. Actual amounts could easily be 10/20x or more.
- arkis22 4mo agoDon't underestimate it. His net worth increased more from crypto in the past 2 years than it did in 30 years of being a new york real estate nepo baby, when his net worth basically treaded water
- mthoms 4mo agoThat’s just what was officially disclosed.
- nutjob2 4mo agoThe Grifter in Chief. You also have to add the numerous kickbacks Trump's family has received through deals done by the federal government. All this is hardly reported because the administration has successfully cowed the media.
- ethagnawl 4mo agoThe Overton Window has shifted so far that what would have previously been regime ending scandals are now everyday occurrences. Also, you're right about the media being cowardly but there's also just too much to report and keep people updated on. Even the more independent outlets who try ... can't.
- nutjob2 4mo ago> but there's also just too much to report and keep people updated on This is the biggest indictment of the media, they can't summarize or aggregate? It's not giving the public a true picture. Crooks can get away with corruption in plain sight merely by doing lots of it? It beggars belief.
- ourmandave 4mo agoThey could skip coverage of the UFC fight, and Kennedy Center name, the reflecting pool, and the 250th carnival, and WH ballroom, and all the things that are practically nothing compared to all the other f*ckery.
- blondie9x 4mo agoIt's pretty insane. https://www.msn.com/en-us/news/politics/ny-times-bombshell-details-how-trump-s-sons-stand-to-gain-from-16b-kazakhstan-mining-deal/ar-AA26N81X https://www.msn.com/en-us/news/politics/ny-times-bombshell-d... Remember how they were talking about Biden's son being on the Burisma board for or something? That was literally a corner of a peanut compared to the corruption we have now. MAGA? Is this great?
- sieabahlpark 4mo ago[dead]
- whyage 4mo agoI wonder if Democrats will have the courage to pursue justice to the fullest if/when they're back in power.
- inamberclad 4mo agoSadly I think not. They had their opportunity in 2020.
- enraged_camel 4mo agoBiden ran on a platform of Back to Normal. That’s what voters wanted after four years of crazy. I think the zeitgeist today is different. Because Trump has dialed the crazy up to eleven in his second term and a lot of Dems are now pissed. That’s why democratic socialism/leftism is having a resurgence. And, based on what I’m seeing on the ground, there’s now a strong appetite for justice and retribution.
- kdheiwns 4mo agoWe're a little over 1 year in and the sudden ramp up feels absolutely nuts. In 2028 people will start to feel like it's normal. Just look at places like Russia. Everyone is used to the corruption and thinks it works well enough for them, so they fear any change will be worse. A lot of Americans have already stopped denying the corruption like they did last term, and have retreated into saying, "yeah, it's bad, but (other candidate) would be worse." Same terrifying mindset.
- ourmandave 4mo agoProgressive resurgence is because the economy and housing is unaffordable thanks to tariffs and a pointless war. And the president who repeatedly says he doesn't care. The dems need to run on fixing the economy and not retribution. They can go after him once they're in power, but don't run on it.
- unsnap_biceps 4mo agoHonestly, I don't know that going after them is going to work out. It turns into a media circus and the propaganda media excels as using that circus to sap support. I really think that they need to run on fixing living. Most people don't feel like they're a part of the economy. It's a "that's something rich people worry about". Simpler message will resonate deeper. We want to bring the American dream back to reality. Focusing on real results will eventually sap away the power of the distractions.
- deleted 4mo ago[deleted]
- vnext 4mo agoIt is all about interests, not the people.
- morninglight 4mo agoTrump’s annual financial disclosure shows more than $580M in crypto-related income Guess he wasn't into Bitcoin? https://www.cnbc.com/2026/06/30/trump-financial-disclosure-released.html https://www.cnbc.com/2026/06/30/trump-financial-disclosure-r...
- arkis22 4mo ago"BUT WHAT ABOUT HUNTER BIDEN!?" what a bummer
- mountainriver 4mo agoCorruption is what kills countries. Our inability to stop this is a very bad sign about our future.
- alanwreath 4mo agoCorruption is ever present. No counter to it is what kills countries. The US has been security by obscurity in so many ways, this latest abuse is just further evidence that counting on it would only ever delay abuse for [checks calendar] about 250 years. And really is has been in free fall for decades, the fact that so many recent examples are so flagrant (along with this) is what is upsetting (mainly because no one with any power is moving to stop it in any meaningful way).
- lobsterthief 4mo agoIn some countries (e.g. Uruguay) it’s possible to ingrain anticorruption ideals into the fabric of society. This lowers the overall level of corruption as citizens are more likely to feel it’s wrong and they’re raised to call out corruption when they see it. I guess we’d call this “social responsibility”. Of course, the social aspect must be coupled with governmental and legislative changes aimed directly at increasing transparency and reducing corruption—this is what was done in Uruguay, at least. Corruption isn’t eliminated entirely but is drastically reduced. Taxes then get spent on society instead of corrupt politicians. The result is more bureaucracy but it also placed the country lower than the US on the Corruption Perceptions Index (CPI)[0]. CPI has its own measurement issues but is the best we’ve got. [0] https://en.wikipedia.org/wiki/Corruption_Perceptions_Index https://en.wikipedia.org/wiki/Corruption_Perceptions_Index
- alanwreath 4mo agoWell said! I guess I’d overlooked that aspect of corruption. Especially poignant in my home where leaders make corruption===outwitting laws===smart. Perception can lead to widespread adoption. But I guess if our laws actually held up corruption wouldn’t outwit the laws in the first place.
- chips_not_fries 4mo ago[flagged]
- johnea 4mo ago> Weak country Weak constitution I have to agree with this in whole. It's like looking at the EU now and wondering, how did they not see this glaring dependency before now? Both the petro energy source and the US military support were never as secure as it seems they were assumed to be. Here in the US, we're still sitting on a constitution from 250 years ago. Apparently no one though an incoming presidential administration would rape and pillage the place like we've seen in the last year and a half. European countries did largely overhaul their constitutional documents after WWII. The EU in general has much more modern legislative bodies, and electoral systems. Here in the US, we're still stuck with founding documents that expect Pony Express to deliver the ballots 8-/
- omnimus 4mo agoFounding documents are worthless if you don't care to honor them. EU might have more modern legislation but even there the far right is starting to realize when they are in power they can generally ignore the legislation or work quickly to dismantle it. Trump showed and emboldened them, tech bros are providing funding and oligarchs are steadily gaining power. It's quickly coming from the east and only reason EU might be a bit more ready than US is that it's many decentralized countries with always shifting powers.
- johnea 4mo agoWhile I agree with you, laws are being routinely ignored by the US executive now. But I would also say, the only impediment to executive overreach has been the constitution, as little as that impediment has been. Albeit the current supreme court has also stretched the interpretation beyond all previous bounds. The US certainly needs a modern revised constitution, but I don't see the DNC as having the vision or the balls to accomplish such a thing. We're pretty much fucked here...
- bulbar 4mo agoSo, when would billionaires want to remove politicians? When the politicians are a) too corrupt or b) not corrupt enough The answer seems obvious. To me, at least, apparently not to quite many US citizen.
- omnimus 4mo agoWhy is this flagged? WSJ is not some obscure blog.
- mlrtime 4mo agoMy guess is that the discussions lead nowhere except to predictable rants about America = bad. There is no discourse here, no rational conversations, just the same ranting we see over and over.
- addandsubtract 4mo agoWelp, might as well accept the status quo and go back to consuming our soma.
- akagusu 4mo agoThere is a sustained censorship campaign on HN to suppress everything that make the current administration looks bad. SV billionaires, including YC related folks, paid lots of money to buy the presidency for Trump.
- tim333 4mo ago>Off-Topic: Most stories about politics
- rsynnott 4mo agoWhat baffles me is, how do the people who like him justify this to themselves? Do they just pretend it's not happening? Like, this is third world dictator levels of corruption, but the third world dictator's corruption is _usually_ not so blatantly visible while it's going on. This is all very... out in the open.