Donald Trump's Expanding Crypto and Business Ventures Raise Ethics Concerns

Published at 2025-07-19 11:03:48
Donald Trump's Expanding Crypto and Business Ventures Raise Ethics Concerns – cover image

Since his return to office, President Donald Trump and his family have aggressively expanded their business ventures, generating hundreds of millions of dollars in revenue. These ventures span a variety of sectors including cryptocurrency, real estate, branded merchandise, and media. Among the most notable is the launch of several cryptocurrencies, such as a meme coin and a stablecoin that notably attracted a $2 billion investment from the UAE government.

In addition to cryptocurrencies, Trump has promoted various branded products, including a Bible manufactured in China and a MAGA-themed guitar, signaling a broad diversification of his business activities. Meanwhile, former First Lady Melania Trump secured a $40 million documentary deal with Amazon. Their real estate development efforts have also moved forward with large-scale projects in the Middle East and Albania.

Much of this income reportedly comes from foreign governments and wealthy individuals with interests before the U.S. government, raising serious questions about ethics and possible conflicts of interest. Unlike many past presidents who sought to distance themselves from financial interests through blind trusts, Trump transferred control of his business empire directly to his children and lifted restrictions on foreign deals during his current term.

The profits from crypto ventures alone have amounted to hundreds of millions of dollars. President Trump defends these ventures as important contributions to boosting a vital industry, while the White House downplays potential conflicts of interest, emphasizing his role in digital asset regulation and maintaining America's international competitiveness.

For crypto enthusiasts looking to explore new investment opportunities, platforms like Bitlet.app offer innovative services such as Crypto Installments, allowing users to buy cryptocurrencies now and pay monthly, easing entry into the digital asset space. The expansion of crypto into high-profile political figures' portfolios only underscores the widening reach and growing mainstream acceptance of this asset class.

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