On April 22, Fight Fight LLC, a link with President Donald Trump, Declare 220 major investors in the MEME $ TROMP will call for Trump’s own meeting. The event was described as a “special” dinner, but with clear hints that the attendees were buying the time of an elected official. On the date of the announcement, federal government officials It was reported that he is registered Three web sites relate to dinner: Theetrilladollarinner.gov, DinnerfoRamerica.gov, and Theetrill.gov. At least one, who is temporarily addressed to the entry into the Ministry of Commerce, indicates that the currency was in one way or another linked to the government. Currency He jumped with more than 50 percent After announcing dinner, Trump and his allies are nearly 900,000 dollars in trading fees in just two days.
Two members of the Democratic Senate Performing managing morals At the dinner of May 22, but in February, Trump launched the head of the body, which usually achieved in this type of alleged misconduct.
Meme Coin is a type of open graft controversy that would have been incomprehensible under previous departments, until Trump’s first period eight years ago. Now, it is just one of the dozens of ways that the president has raised and those in its orbit. Along the way, they dismantled the government monitoring that saves fraud from each scale. The president has created the money that revolves around the money on the work environment-instead of promising wealth, it is defrauding opportunities.
The hanging enrichment begins at the top, as Trump sells access to the White House through promotional shows such as Meme Coin dinner. Under it, high -level donors bought their way out of the accusations of corporate misconduct or frank fraud, especially the world of mature cryptocurrencies. Since the monitoring of these companies stumbles, they leave the door open to fraudsters who can trust their operations. This government chaos creates completely new chances – and people who are more vulnerable – to exploit them. At each level, ordinary people have become more than just side effects or prey.
“Every direction to the effect you can imagine,” said Lisa Gilbert, Kushir, not above the Law Alliance. freedom. “I got the Trump family personally benefiting from the presidency. There are billionaires surrounding it in the cabinet, which is another level. They are raising it.”
Gilbert, also a confidence from the Consumer Consumer Group, described the Trump administration’s relations with business – especially with technology – as a “concentrated center” to influence. “There is this ecosystem of technology that Elon Musk is the summit as it comes to personal profit in your companies and your own contracts with the government and what you can get out of,” says Gilbert. “It is really corruption in every direction you look at.”
Trump Mim is not the only encryption project. Months of the 2024 elections, Trump and his eldest sons, Eric and Don Junior, I launched an encrypted currency platform The world called on financial freedom. the The initial advertisement It was the light on the details, but Trump described it as a way to help persons deprived of services, as well as those who were “warm”, to reach the financial markets that could be closed. World Liberty has struggled to sell $ WLFI early – until Trump became president, that is. It is still unclear how much the world helps freedom for people, but it is a way for foreign investors to donate mainly to the president, as a modern speaker New York Times investigation He found.
No one in the world has invested freedom more than Justin Sun. Sun’s Crypto Tron was A lawsuit against the Securities and Stock Exchange Committee (Second) for fraud in 2023, after engaging in the manipulation of the market on TRX symbolic. After that, the besieged founder spent $ 75 million on WLFI currencies between November and January. A month after Trump took office, the Supreme Education Council He asked a federal judge To stop the procedures in its suit.
Trump’s first state was distinguished by some A clear conflict in interestsLike foreign prominent figures, political groups that book rooms and host events in his heights and other property. But the apparent bias has become a standard practice in Trump’s second state, and extends to federal agencies as well. The Securities and Stock Exchange Commission has dropped investigations into issues against many encryption companies that donated the Trump opening fund, including consysysand Robinhoodand Coinbaseand Cornerand Testimony LaboratoryAnd Crypto.comThe latter recently announced a project with the Trump group of media and technology.
Trump, media, and The parent company for the social media application in Trump According to a partnership with Truth Social with Crypto.com and Yorkville America Digital, an investment company based in Florida, to launch a series of boxes circulating on the stock exchange (ETFS). Senator Elizabeth Warren, Democratic members of the Senate Committee of Banking Services, described to Trump to financial services as “unusual conflicts in interests” and Call SEC to ensure that the project will be “free of unjustified effect.” Its request is unlikely to go anywhere.
“It is every direction of influence wandering and the corruption you can imagine.”
In a state of unlikely to help Republicans to launch an investigation into the Congress in the self-dealing of Trump, the administration has dismantled almost every regulatory body that would implement possible penalties against the president-not to mention that government agencies designated to combat poor violations of companies in all their forms. The Ministry of Justice (doj) until A unit dedicated to the application of coding fraud has been resolvedHe put an end to what the Deputy Prosecutor Todd Blanche described as “an organization by the prosecution.”
Other industries benefit from Trump’s most famous approach. The government efficiency management at Musk (DOGE) has effectively eliminated the Financial Consumer Protection Office, Send discipline notifications to approximately 1500 workers In a clear violation of the court, it prohibits more extinguishing. Before Dog’s evacuation of CFPB, the office had already fell or dropped many investigations into many investigations and lawsuits against corporate misconduct, including a claim that the payment platform is Olive It failed to protect its users from “widespread fraud”.
Musk companies themselves, of course, It also benefited In that, Tesla, which has been reported that the provision of more than a billion dollars of possible penalties for the benefit of customers with its “self -driving” technicians.
Away from Trump’s assertion and dawn in, the Republican Senate also tried to include CFPB, and in March voted on Strolling. The cancellation of the organized restrictions extends beyond the technology industry: In February, CFPB stopped litigation against Walmart, which was Prosecuting under the Biden Administration To force the alleged delivery workers to pay “unwanted fees” in order to obtain money. Also management A lawsuit against the capital was droppedThe office previously claimed customers about interest rates at the savings account.
Gilbert says, from the lack of a coalition of law, that Trump’s destruction of CFPB has great repercussions for the American people. It helps people disturb the debts of student loans and sincerely on behalf of the institutions they borrow. It helps people who are exposed to service in terms of service. It was established in the wake of the financial crisis because there was no policeman on the explicit pulse of daily protection.
The government accountability office (GAO) is investigating the Trump administration’s efforts to get rid of CFPB, according to the message It was obtained by CNN. Forty Democratic Senators also wrote to CFPB manager Rossian Chargé d’Affairs, and asked him to provide a “detailed account” for “CFPB” “can perform all of its legally required jobs with employees of 200 people who left after almost 90 % reduced the agency.”
In a statement to freedomSenator Chuck Schumer, a member of the Senate who signed the letter to Vogue, described Trump to slow the mass as “sabotage” “transforming the country into Grifter Paradise”.
“By overcoming monitoring such as CFPB, FTC and SEC to connect the hands of the organizers, Trump opened flood gates to fraud and fraud, and Grift at every level,” says Schumer. “During the Trump era, the United States is not only the wild West; it is an open season for working families.”
While the president and his cunnings strip the government to parts, Economic climate exacerbation The complete dismantling of the regulatory state creates an ideal storm for those who want to get people out of their money.
There is already Copycat $ WLFI currency On the market, there are a very large number Summit and fall Depending on the go in Trumporld. One Trump Akolit claims that he established an application People pushing encryption to report the views of illegal immigrants – But this also seems to be more than just an encrypted pump and a disguised discharge scheme as a migrant hunting tool.
As a function Growth slows down more Experts warn against stagnation on the horizon, people are likely to find themselves increasingly desperate to work and more likely to fraud as a result. Before Trump took office, the Federal Trade Committee (FTC) warned of A sharp increase in “important fraud operations” This claims that people work, and often in the form of “game -like jobs online”. Recently, The fraudsters demonstrate the mortgage lenders They targeted homeowners, saying that they would put their homes to hold a mortgage unless they send payments to a third party immediately. It is said that some fraudsters He claims to submit government checks from Duj.
Gilbert noted that many CFPB enforcement procedures were the result of complaints by individual consumers. “Many of these little things are things that will not necessarily rise to the level of writing a new base,” says Gilbert. “When we do not have these wheels in place – when we do not have the database that is seen and interacts – small fraud will be committed throughout the country, and I think it is true for every agency that bears this responsibility.”
The few government agencies have left more or less safely due to Dog’s discounts, to a large extent focusing on protecting Trump and his allies from their critics – or in following Trump’s enemies. Since the Ministry of Justice reduces investigations into encryption crimes, The FBI launched a business squad To investigate the sabotage of cars, which the government calls “local terrorism”. And the Federal Communications Committee (FCC), now Point out of Trump pro -Brendan CarShe has turned her efforts away from consumer protection, with a focus instead on harassing media and communications companies that are not sufficiently confirmed to the president.
The money has always changed, super artists tried to get people out of it. Trump did not invent fraud, but dismantling his administration for every institution that protects consumers will allow them to prosper. It will not matter. They got them.
