Showing posts with label Open Corruption. Show all posts
Showing posts with label Open Corruption. Show all posts

Wednesday, June 18, 2025

‘I have never seen such open corruption’: Trump’s crypto deals and loosening of rules shock observers; The Guardian, June 17, 2025

  , The Guardian; ‘I have never seen such open corruption’: Trump’s crypto deals and loosening of rules shock observers

"“Self-enrichment is exactly what the founders feared most in a leader – that’s why they put two separate prohibitions on self-benefit into the constitution,” said former federal prosecutor Paul Rosenzweig. “Trump’s profiting from his presidential memecoin is a textbook example of what the framers wanted to avoid.”

Scholars, too, offer a harsh analysis of Trump’s crypto dealings.

“I have never seen such open corruption in any modern government anywhere,” said Steven Levitsky, a professor of government at Harvard University and an expert on authoritarian regimes who co-authored the book How Democracies Die.

Such ethical and legal qualms don’t seem to have fazed Trump or Sun."

Friday, May 23, 2025

Trump defies ethics warnings with private meme coin dinner; Axios, May 22, 2025

Brady Dale, Axios; Trump defies ethics warnings with private meme coin dinner

"The president hosted a highly anticipated "exclusive" dinner for the largest holders of his meme coin, Official Trump, at his golf club in Virginia on Thursday night.

Why it matters: Fight Fight Fight, LLC — a company linked to President Trump's family — sold a digital token that gave anyone in the world a chance to pay for a night of access to the commander-in-chief.


  • The promotion has stunned ethics experts. One Democrat called it "the biggest corruption scandal in the history of the White House."

  • White House press secretary Karoline Leavitt denied any conflicts of interest but refused to release the list of attendees, telling reporters: "The president is attending it in his personal time. It is not a White House dinner.""