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Trump’s Crypto Ventures: A Deal-Making Scandal Hidden in Plain Sight

Forbes has laid out a story that should alarm every patriot: Donald Trump and his sons didn’t build their crypto ventures on mere name recognition, they leaned on a network of industry players who quietly sent money and reaped regulatory relief. The reporting shows a pattern where donations, partnerships and investments from crypto executives coincided with the administration easing up on enforcement. This isn’t conjecture from the left; it’s documented reporting that raises real questions about how power and profit are being mixed in plain sight.

One of the most eyebrow-raising episodes involves Changpeng “CZ” Zhao and Binance — a pardon that came after firms tied to him reportedly helped jump-start the Trump family’s World Liberty Financial enterprise. Forbes notes that employees at Binance reportedly aided World Liberty’s launch and that the timing of legal developments and business deals looks, at minimum, politically convenient. If Americans are told the rule of law applies equally to all, our leaders owe voters clear answers about how these handshakes turned into headline-making pardons and valuation boosts.

The Trump-backed World Liberty Financial project, including a stablecoin and token sales, has drawn scrutiny not just for its structure but for the way partnerships and investments flowed into it after the White House shifted its regulatory posture. Independent reporting documented sizable token sales and alleged revenue that benefited the Trump family, while the White House insists family finances are segregated. Patriots who love private enterprise still deserve transparency when public office and private cash flows collide.

Forbes also catalogs how a string of big-name crypto firms — from Coinbase and Crypto.com to Robinhood, Kraken, Ripple and others — donated to or partnered with Trump-related entities and then saw enforcement pressure ease or cases closed. That sequence, whether coincidental or corrupt, smells bad to consumers and investors who rely on regulators to police fraud and protect markets. It’s one thing to champion innovation; it’s another to let friendly fire replace impartial oversight.

Let’s be clear: conservative principles should defend entrepreneurship, innovation and less heavy-handed regulation when it’s justified. But freedom also depends on fairness, and fairness collapses if political donations or cozy business relationships buy you a pass. If the Trump White House is serious about making America the crypto capital of the world, it must do so with ironclad ethical walls and audits that prove decisions aren’t swayed by dollars and dinner invitations.

The fallout isn’t hypothetical. Independent companies that tied their fortunes to these deals have faced sharp losses and operational chaos, a reminder that political favoritism can hand corporate risk to everyday shareholders. Recent reporting highlights at least one public company that plunged in value after a Trump-linked crypto bet and ensuing governance troubles left investors holding the bag. This is why watchdogs exist and why Congress must not look the other way.

Democrats promise investigations, and conservatives should not be shy about demanding the same clarity and accountability from our own corner of the aisle. Transparency and reform protect the market and the presidency alike; they are the conservative remedies to cronyism that hollow populist rhetoric if left unaddressed. If the administration truly believes its actions were aboveboard, then open up the books and let the American people judge.

Hardworking Americans deserve a government that rewards free enterprise without rewarding influence-peddling. We can cheer innovation in crypto while insisting that the highest office in the land never becomes a marketplace for privileged deals. That’s not partisan whining — it’s patriotism, plain and simple.

Written by Keith Jacobs

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