Is Trump Crypto Conflict of Interests The Real FTX of This Bullrun?

At the SALT conference in Jackson Hole, Rep. Angie Craig (D-Minn.) put words to what many in Washington have been whispering: the President Trump crypto empire is an insider trading scam on the American people.

“It’s no secret that my side of the aisle would prefer not to see any sitting President — I won’t name one — participating in this market while a sitting president unless those assets are in a sealed trust,” Craig said.

• 2016 Trump: Had neocon wranglers and handlers
• 2020 Biden: Hated crypto and just ate ice cream
• 2024 Trump is just a mob boss surrounded by yes men who are privatizing crypto for the elites

That’s the gist of it. The question is, are these claims true, and are we looking at the next FTX collapse?

The Trump Family’s Crypto Ventures

Trump, along with his sons Eric and Donald Jr., has been directly involved in the industry since his return to the White House in January. Trump has released meme coins tied to his name, while Truth Social has filed ETF applications.

Additionally, Eric Trump co-founded American Bitcoin, a mining company owned by Hut 8.

DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025

Craig argued that this dynamic has become “the elephant in the room” for Democrats considering theDigital Asset Market Clarity Act.

Trump stopped investigating crypto fraud after starting a crypto company

Fired the ethics watchdog overseeing him

Stopped investigating sex trafficking while protecting the Epstein files

Ended foreign bribery laws while taking a jet from Qatar

The real crime spree in DC is

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