Trump II, who I recently nicknamed Pablum, pardoned a number of convicted fraudsters this past week in his "Just Us" Financial Criminals campaign. The list includes Trevor Milton (Nikola), Carlos Watson (Ozy Media), Devon Archer (defrauded Ogala Sioux) and former state representative Brian Kelsey (election finance cheating).
The Digital Caligula also pardoned four people convicted of effectively running a money laundering operation by ignoring federal requirements. All four were with BitMEX Crypto Exchange.
My wise friend wrote:
In a world where fraud is the currency, Price is the only thing Holding the Structure.
Lose control of price and you lose control of the structure. CUI BONO? Those defining their wealth by the last marginal buyer.Isn't this what private equity does as they eat the structure from the inside through debt transactions. What's holding the collection of sellable organs (cadaver) together? Less regulation, Less crime, More fraud.
Extend, Pretend, Lend, Send (offshore, safe from re-appropriation).
There may be a DC Universe inspiration to Trump's pardon frenzy.
Lex Luthor summons a group of other super-criminals: Cheetah, Star Sapphire, The Shade, Copperhead, and Solomon Grundy, for one purpose: to destroy the League.
"Trevor, Carlos and Devon" sound sinister enough. The "BitMEX Crypt" gang is a solid criminal moniker. I'm not sure "Brian" will make the criminal mastermind cut. He may need to remain in Tennessee.
Trump is not building crime fighting capacity, he is unraveling it at breakneck speed. We need someone to foil the "Just Us" Fin-Crims League's plans. It's forming and the fraud will soon be storming.
