Donald Trump’s use of his second presidency to grow his personal fortune has alarmed legal and ethics experts and congressional Democrats as he has reaped an “unprecedented” $2.2bn in 2025 revenues by amassing big cryptocurrency holdings, benefiting from wealthy foreign interests, expanding his Truth Social business and more, while federal oversight of his actions has waned.

Trump last year raked in at least $1.4bn from his crypto ventures according to financial disclosure forms he filed in June. Simultaneously, about one million investors in a Trump crypto scheme suffered almost $3.8bn in losses as their volatile crypto holdings tanked in value.

Monetizing his presidency further this summer, Trump’s Truth Social media business is pushing a new scheme that offers wealthy buyers special early access to his posts for a fee of $100,000 a month, which top Democrats and public interest groups say pose serious conflict of interest and corruption issues.

This is some of why at least some Americans probably wish the Iran plot succeeded

Do you hear the people sing? Singing the song of angry men.

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[–] 2 points 11 hours ago* (last edited 2 hours ago)

Was anyone surprised. Dude had a track record of swindling for decades prior to his presidency.

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  • [–] 2 points 13 hours ago*

    When people say that crypto has no use... they just sound ignorant, naive, etc.

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  • [–] 28 points 1 day ago (2 children)

    But he DOESNT take a Salary!

    -Free Thinking NOT GULLIBLE Republicans!

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  • [–] 11 points 1 day ago (2 children)

    As far as I can tell republicans chose this life for all of us because they were upset that:

    They had to wear a mask during covid. Gay people are allowed to be happy. Obama wore a tan suit that one time. Buttery emails.

    So now we all get to live shit hole life’s because the crabs at the bottom of the bucket decided to yank everyone down with them and install a king.

    If you vote republican, fuck you, genuinely.

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  • [–] 2 points 13 hours ago (1 child)

    You forgot

    • They want to have sex with kids
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  • [–] 1 point 11 hours ago (1 child)

    Was it only republican politicians caught up in the Epstein files?

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  • [–] 1 point 9 hours ago (1 child)

    No but Trump will pardon the republicans

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  • [–] 1 point 8 hours ago (1 child)

    He has pardoned democrats in the past. Not many, but it's happened.

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  • [–] 1 point 5 hours ago (1 child)

    Maybe this is why. Lol.

    Grok

    Court records show more Republican politicians have been convicted of sexual offenses than Democrats. Since 2015, notable cases include Rep. Dennis Hastert (R) pleading guilty to child molestation-related charges and Rep. Mel Reynolds (R) convicted of sexual assault. On the Democrat side, fewer convictions exist—Rep. Bob Filner pleaded guilty to groping in 2013. Data leans heavier on Republicans historically. Check GovTrack for raw numbers.

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  • [–] 14 points 1 day ago (3 children)

    There is no need to stress. The next Democratic President will issue blanket pardons, will no do investigations, or Presidential Commissions, or anything that sort.

    The Epstein Class always protects each other.

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  • [–] 7 points 1 day ago* (2 children)

    "Now is the time for unity, and to forgive our neighbors" Says every Democrat after a Republican president.

    "The Democrats are all antifa-terrorists and should be rounded up into a camp." Says every Republican after a Democratic president.

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    [–] 13 points 1 day ago (3 children)

    He has set the precedent that presidents and their families can not only continue to run businesses while in office, but make governing decisions that lead to profit for those businesses. Oh, and getting payments for advertisements from the Resolute desk, and putting up paid advertisements on government property. Oh, and punish federal funding to states, companies, Universities, etc. for not following his executive orders, which are not laws, but are being treated as such.

    The only way to remedy this, I figure, is to have a democrat in office do every. single. thing. he is doing in office, until each thing has a law created by the other branches of government to make it illegal going forward.

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  • [–] 1 point 13 hours ago*

    He has set the precedent He has done what a disgusting imperial system allows...

    FTFY

    The only way to remedy this, I figure, is to have a democrat in office do every. single. thing. he is doing in office, until each thing has a law created by the other branches of government to make it illegal going forward.

    If both parties are doing the same thing, nobody is every going to stop it. Just look at all of USA history. As a very obvious example, they're all talking bribes (aka lobbies), doing insider trading, etc. Ofc they're getting that crypto cash too... Nobody gonna fix any of this ever. It's a feature not a bug to them.

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  • [–] 9 points 1 day ago* (9 children)

    The only way to remedy this, I figure, is to have a democrat in office do every. single. thing. he is doing in office

    If you think Ritchie Torres, Elissa Slotkin, and Pete Buttigieg are going to save the county, you're going to be very disappointed.

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  • [–] 3 points 1 day ago (1 child)

    They’re saying that no one will make a law against a Republican, but Republicans may make laws against Democrats. Of course, that also won’t happen if it means the GOP can continue to score bitching points with their base while also profitting, but still.

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  • [–] 2 points 1 day ago

    the GOP can continue to score bitching points with their base

    The joke of the last 30 years has been the GOP crying "The media is against us!" through louder and larger corporate media megaphones with every passing election cycle.

    But the punchline is that bitching about the media being mean is now a central function of federal government. Nothing fucking works because all the top leadership positions are occupied by professional whiners.

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    [–] 12 points 1 day ago (1 child)

    All that money and still an utterly worthless man.

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  • Likewise some analysts are troubled by how Trump has circumvented the constitution’s prohibition on foreign emoluments by accepting a $400m plane as a gift from Qatar, and how other wealthy foreigners have backed some Trump family hotel and golf deals abroad.

    Doesn't the constitution ban all emoluments?

    Or is this just saying that the other reps are only outraged by accepting foreign bribes, because they all accept domestic bribes..

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  • [–] 11 points 1 day ago* (last edited 1 day ago) (1 child)

    an “unprecedented” $2.2bn in 2025 revenues by...expanding his Truth Social business and more

    What? How does that make money? Is he selling sugar pills that claim to make your penis bigger or sth?

    Edit:

    Canter added that “Trump is increasingly dependent on the presidency to generate business profits since his media company has been losing money over the past several quarters.”

    Trump Media & Technology, the company behind the Truth Social platform, on 10 August announced it lost a whopping $238m in the three months through June as it branched out into new businesses including crypto.

    Oh, that sounds more correct

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  • [–] 9 points 1 day ago

    "But he doesn't even take a salary!" -MAGA Morons

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  • [–] 105 points 2 days ago (3 children)

    I mean . . . Yeah. We know. We’ve been watching it happen every goddamned day.

    Thanks for the reminder Guardian. Maybe you could name and shame a little more? It’s not happening magically. People with names and institutions are doing this corruption, so. Map it out. kthx.

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    [–] 4 points 1 day ago (1 child)

    They're alarmed and yet nobody will do a damned thing to stop this crap . I'm so tired of this mess

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  • [–] 6 points 1 day ago

    Just pure robbery in board daylight. Trump cultists don't care mind you these people were stuck on a laptop for like 5 years lmao.

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  • [–] 8 points 1 day ago (2 children)

    Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.

    Corporations are the only ‘persons’ which should be subjected to capital punishment, but trillionaires should be forced to transition into billionaires, and billionaires should be euthanised through taxation.

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    [–] 26 points 2 days ago (5 children)

    I so want him and all of his family thrown into prison. It is all so brazenly corrupt.

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    [–] 36 points 2 days ago (8 children)

    How do any remaining supporters justify this?

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    [–] 16 points 2 days ago (8 children)

    We could end this in a few weeks if we acted. Everyone wants to hold on to what little they have instead of losing it for a better future.

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