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Politique et conflits d’intérêts

Trump: Web3 culture · 20 Aug 2026

I cannot believe half of this industry is once again praising Donald Trump and lining up to kiss the ass of a serial grifter who has spent his presidency turning public power into private revenue.

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Shame on you. Shame on you!

I cannot believe half of this industry is once again praising Donald Trump and lining up to kiss the ass of a serial grifter who has spent his presidency turning public power into private revenue.

Have you already forgotten everything he did, or did a few friendly words about crypto buy your memory that cheaply?

Again!
I cannot believe how quickly half of crypto has crawled back onto its knees. (Ass. Deep. In The Ass.)

One White House meeting, one promise of “clarity” and one green candle were enough for an industry that sells decentralisation as a moral principle to start polishing Donald Trump’s boots again.

You did not forget what he is. You simply decided that corruption becomes acceptable when your portfolio might benefit from it.

➡️ This is a president carrying a 34-count felony conviction, whose civil fraud finding survived appeal and whose liability for sexually abusing and defaming E. Jean Carroll is now final.

Yet crypto keeps marketing him as some heroic saviour because he learned to say “Bitcoin” while holding out his hand.

➡️He launched $TRUMP days before taking office.
He destroyed the trenches. His token alone.

➡️Melania followed with $MELANIA. Trump-linked entities controlled 80% of the remaining $TRUMP supply. Presidential proximity was then packaged as token utility and sold to pseudonymous wallets: investors spent an estimated $148 million competing for 220 seats at his private token-holder dinner, the top 25 spent more than $111 million, and over half the attendees were probably foreign.

🚨 Roughly 600,000 smaller wallets lost almost $3.9 billion while Trump’s own disclosure later reported $635 million from memecoin sales.

$MELANIA collapsed by more than 95%, and developers and firms associated with its launch were later accused in a federal lawsuit of operating a pump-and-dump scheme. The presidency had become the marketing department, access had become the product and retail had become the exit liquidity.

➡️ Justin Sun spent at least $75 million buying into World Liberty Financial and another $18.5 million securing the top position at Trump’s memecoin dinner.

The SEC had accused Sun and his companies of fraud, market manipulation and hiding payments to celebrity promoters.

After Trump returned to power, the case was paused and later settled for $10 million without Sun admitting wrongdoing. Sun even appeared next to the White House before attending the dinner. No signed receipt is required to recognise the stench of a system where money buys proximity while regulators suddenly rediscover mercy.

➡️ World Liberty Financial then turned the Trump presidency into a family crypto treasury. Four days before Trump’s inauguration, a vehicle backed by the UAE’s national security adviser agreed to buy 49% of the company for $500 million.

Of the first payment, $187 million reportedly flowed to Trump family entities. Eric Trump signed the deal. Soon afterwards, the UAE-backed MGX used World Liberty’s newly created USD1 stablecoin for a $2 billion investment in Binance, instantly giving the obscure token scale, reserves and lucrative interest income.

➡️ Then Trump pardoned CZ.

Binance and CZ had pleaded guilty in a criminal case that produced a $4.3 billion corporate settlement. Binance had helped turn USD1 into a multibillion-dollar stablecoin, and Trump erased CZ’s conviction in October 2025 before claiming he did not even know who CZ was.

➡️ He also pardoned the BitMEX founders, a former employee and the company itself after their Bank Secrecy Act convictions. The message could hardly be clearer: financial misconduct becomes forgivable when enough money, influence and useful relationships surround it.

Meanwhile, privacy developers and smaller operators received a different version of American justice.

Roman Storm was convicted over Tornado Cash. The Samourai Wallet founders received 5 and 4 years in prison.

Billionaire exchange founders received presidential pardons while developers received cells.

Crypto companies including Coinbase, Kraken, Ripple and Robinhood poured millions into Trump’s inauguration, and the SEC subsequently dismissed, closed or wound down major enforcement actions involving several of those same firms. The sequence is public. So is the conflict.

The family kept spreading into every corner of the industry whose rules Trump controls.

Donald Trump Jr. became a strategic adviser to Kalshi.

His investment firm put tens of millions into Polymarket, and he joined its advisory board. Eric Trump and Donald Trump Jr. built American Bitcoin, and their stake was valued at more than $1.5 billion during its stock-market debut.

World Liberty expanded across tokens, stablecoins and financial services. Trump’s own administration has now conditionally approved a national trust bank charter for the family-backed business. He is simultaneously pressuring Congress to pass crypto legislation that remains stalled partly because lawmakers are demanding safeguards against politicians enriching themselves through the industry they regulate.

Trump’s own 2025 disclosure showed more than $1.4 billion in crypto income.

I Estimates that his family has made at least $2.3 billion from crypto since he returned to office.

Apparently, half of crypto considers that acceptable as long as Coinbase pumps afterwards.

Outside crypto, the same man detonated global markets with tariff threats that erased approximately $5 trillion from S&P 500 companies in 2 days. He then posted that it was a “GREAT TIME TO BUY,” signed the message “DJT,” the ticker of his own company, and paused most tariffs less than 4 hours later.

The S&P 500 exploded 9.5% higher and Trump Media jumped 22%. Ordinary people watched retirement accounts and businesses bleed while anyone positioned for the reversal made a fortune.

He sold himself as the president of peace, then ordered a major bombing campaign in Yemen and launched a full-scale US military campaign against Iran.

Almost 6 months later, the war remains unresolved, thousands are dead, oil markets are disrupted and the Strait of Hormuz remains trapped in military escalation and blockade politics. His peace brand is as fraudulent as the rest of his merchandise.

Now crypto executives are back inside the White House applauding him because he says the right words about innovation.

An industry that claims to oppose centralised power has fallen in love with the most centralised arrangement imaginable: one family monetising the state while billionaires, exchanges, prediction markets and professional shillers queue to kiss the ring.

No one forgot. They sold their memory, their principles and whatever remained of their dignity for a pump.

Shame on you. Shame on you.

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