Trump Crypto Empire Raises Major Constitutional Conflict of Interest Concernstimeline_event

foreign-influencecryptocurrencyconstitutional-crisisfinancial-conflictsemoluments-clause
2023-07-01 · 1 min read · Edit on Pyrite

type: timeline_event Trump Media and Technology Group announced significant cryptocurrency partnerships that could generate hundreds of millions in foreign-backed revenue, potentially violating the Emoluments Clause. The venture involves state-backed Emirati investment firm MGX, crypto exchange Binance, and World Liberty Financial, where Trump is set to receive approximately 75 percent of proceeds.