The "currency of criminals" got a big boost yesterday at the World Liberty inaugural Forum attended by a who's who of corporate chiefs, crypto thieves and government lackeys (today's insanity).
Two U.S. Senators lent their good name to the Trump boys by speaking at the event. Both are members of the political Red Team, Ashley Moody of Florida and Bernie Moreno of Ohio. Moreno's state was just awarded approval for a new bank, Erebor Bank, the captive bank of Anduril and future home of TechGod bank accounts (complete with FDIC coverage). Erebor will accept crypto as collateral for loans. Yipppeeee!!!
Just prior to his inauguration Trump II made two major crypto moves. One, he launched his $TRUMP Fight Fight Fight memecoin and two, he sold a 49% stake in World Liberty Financial to a United Arab Emirates Sulten. The UAE was the first to use WLFI's stablecoin for its $2 billion investment in Binance.
$TRUMP is down to $3.39 from an all time high of $73.43. It has lost over 95% of its value. Worry not, MAGA supporters, the Trump boys have something special for you..
NYPost reported:
World Liberty Financial, in which the Trump family holds a reported 38% stake, unveiled a partnership with the Apex Group that could help mainstream the company’s digital stablecoin, called USD1, and plans to use that stablecoin to finance a new Trump-branded hotel with luxury floating villas in the Maldives.What kind of person is needed to keep the chicanery going? One who looks the other way regarding insiders behaving unethically or illegally.
We know what decades of that produced, don't we Larry Summers?
Yesterday's insanity is clearly available for all the see through the Epstein window.
Private equity underwriters (PEU), which sponsored Epstein, aligned with government officials for multiple reasons ( keeping low tax rates, political influence, tapping government budgets, ensuring low interest rates, ignoring criminal behavior...).
Britain's Prince Andrew gave confidential trade reports to Epstein and is now under arrest. Did those trade reports prompt Epstein to invest in Peter Thiel's Valar Ventures or Coinbase?
Today's insanity grew out of yesterday's but it is far brasher and in your face. The Trump boys declared their conflicts of interest were forced up them. Horse hockey!
Don Jr. called regulated, government backed banks a "ponzi scheme", when crypto has "pump and dumps" and "rug pulls." TechGods want their own everything, money, bank, country and the sordid Trump clan will deliver it for a large cut.
Politicians Re & Blue love PEU and their new, brasher TechGod brethren. Increasingly, more are one. It is all in the family.
