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the trump administration and crypto fraud

I've seen it reported through usually decent non mainstream sources, that the person who made a small fortune shorting crypto half an hour before Trump announced his China tariffs is seriously suspected to have been Baron Trump, you the computer genius who can actually turn a laptop on on his own after his father cunningly turns it off. I've not seen it confirmed by anyone I'd consider difinitive though.
 
www.cnbc.com

Trump pardons convicted Binance founder Changpeng Zhao

The pardon of the former Binance CEO came nearly a week after President Trump commuted the 87-month prison sentence of former New York Rep. George Santos.
www.cnbc.com www.cnbc.com

binance ceo pardoned by trump

"These actions by the Biden Administration severely damaged the United States' reputation as a global leader in technology and innovation," she said. "The Biden Administration's war on crypto is over."
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the scammers have won again
 
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Donald doesn't even know who he is or thst he pardoned him.

COLLINS: Today you pardoned the founded of Binance. Can you explain why you did that?

TRUMP: Which one was that?

COLLINS: The founder of Binance

TRUMP: I believe we're talking about the same person, because I do pardon a lot of people. I don't know. He was recommended by a lot of people.

https://twitter.com/x/status/1981455304060534903
 
dirtywick said:
he knows who he is. that he thinks saying be pardons so many people he doesn’t know who he’s pardoning anymore is a better look is disturbing
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I’m not so sure he has much of an idea about what he signs.

He’s been caught out a number of times when questioned why he’s pardoned someone or the subject of an executive order and he’s had no idea what the documents are about.
He’s just so ◊◊◊◊◊◊◊ arrogant that he’ll defend his actions with any excuse rather than admit to his ignorance on the subject at hand.
 
no he knows exactly who cz is. it was a deal where trump made hundreds of millions of dollars
 
barron trump has made over a billion dollars in crypto scams already. they’re scamming and market manipulating and selling pardons to a guy who money laundered for north korea it’s absurd
 
the thing to understand also with this stuff is the numbers are all in crypto market cap, and due to the fact that crypto is in all important ways structured the same as a large ponzi, the dollar amounts aren’t really there. but what is there is still a lot of money and they’ll collect before the price crashes, not after.
 

trump bros crypto treasury company american bitcoin holds $500m worth of bitcoin. what is a bitcoin treasury, you ask? well, they issue convertible bonds, basically bonds you buy that you can either be repaid in full or convert over to stock, to buy bitcoin. the constant stream of new investors funds each round of purchases, which drives up the price of bitcoin, which makes the stock more attractive, which allows them to take more debt and buy more bitcoin, which drives up the price of bitcoin, and so on. this organizes itself in a triangular structure. and because they have infinite investors and the price of bitcoin never drops, there will never be a massive selloff that collapses the whole thing. and, with the efforst made to mainstream crypto and integrate it into traditional finance, this has the potential to get very large.
 
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