Trump’s billion-dollar crypto empire

Donald Trump returned to the White House promising to make America the crypto capital of the world, despite having once dismissed Bitcoin as “not money” and warned it was “based on thin air” in a 2019 tweet. In his first year back in office, Trump has set that scepticism aside as it has become clear crypto presents an extraordinary business opportunity. A new financial disclosure hints at just how lucrative those ventures have become, with Trump disclosing more than $1.4 billion USD in income from family crypto ventures last year, raising questions about how far a president can go in turning public office into a money-making machine. Today, journalist and research director for Public Citizen’s Trump Accountability Project, Zach Everson, on Donald Trump’s crypto empire and the new frontier of political corruption in America.   If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.   Socials: Stay in touch with us on Instagram Guest:  Journalist and research director for Public Citizen’s Trump Accountability Project, Zach Everson Photo: AP Photo/Mark HumphreySee omnystudio.com/listener for privacy information.