Trump made more than $1B on crypto deals, part of 2025 windfall
137 points
3 hours ago
| 10 comments
| wsj.com
| HN
eclipticplane
2 hours ago
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And a few decades ago, Carter put his family peanut farm into a blind trust to avoid the mere suspicion of a conflict of interest.
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shimman
2 hours ago
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Great onion article about this if you haven't read it:

https://theonion.com/you-people-made-me-give-up-my-peanut-fa...

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AmericanOP
2 hours ago
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"Yeah, there is one thing. My own morality. My own mind. It's the only thing that can stop me." - Donald Trump, Jan 2026
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chips_not_fries
1 hour ago
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Weak country Weak constitution Thoughts and prayers masquerading as checks and balances

Military coup now, seize the global assets of everyone involved in this shambles of an administration, imprison them and their families. Disappear them.

Rewrite the constitution so this can never happen again.

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johnea
1 hour ago
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> Weak country Weak constitution

I have to agree with this in whole.

It's like looking at the EU now and wondering, how did they not see this glaring dependency before now? Both the petro energy source and the US military support were never as secure as it seems they were assumed to be.

Here in the US, we're still sitting on a constitution from 250 years ago. Apparently no one though an incoming presidential administration would rape and pillage the place like we've seen in the last year and a half.

European countries did largely overhaul their constitutional documents after WWII. The EU in general has much more modern legislative bodies, and electoral systems.

Here in the US, we're still stuck with founding documents that expect Pony Express to deliver the ballots 8-/

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mountainriver
2 hours ago
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Corruption is what kills countries.

Our inability to stop this is a very bad sign about our future.

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whyage
2 hours ago
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I wonder if Democrats will have the courage to pursue justice to the fullest if/when they're back in power.
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inamberclad
2 hours ago
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Sadly I think not. They had their opportunity in 2020.
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enraged_camel
2 hours ago
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Biden ran on a platform of Back to Normal. That’s what voters wanted after four years of crazy.

I think the zeitgeist today is different. Because Trump has dialed the crazy up to eleven in his second term and a lot of Dems are now pissed. That’s why democratic socialism/leftism is having a resurgence. And, based on what I’m seeing on the ground, there’s now a strong appetite for justice and retribution.

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kdheiwns
2 hours ago
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We're a little over 1 year in and the sudden ramp up feels absolutely nuts. In 2028 people will start to feel like it's normal. Just look at places like Russia. Everyone is used to the corruption and thinks it works well enough for them, so they fear any change will be worse. A lot of Americans have already stopped denying the corruption like they did last term, and have retreated into saying, "yeah, it's bad, but (other candidate) would be worse." Same terrifying mindset.
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ourmandave
2 hours ago
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Progressive resurgence is because the economy and housing is unaffordable thanks to tariffs and a pointless war.

And the president who repeatedly says he doesn't care.

The dems need to run on fixing the economy and not retribution. They can go after him once they're in power, but don't run on it.

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unsnap_biceps
1 hour ago
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Honestly, I don't know that going after them is going to work out. It turns into a media circus and the propaganda media excels as using that circus to sap support. I really think that they need to run on fixing living. Most people don't feel like they're a part of the economy. It's a "that's something rich people worry about". Simpler message will resonate deeper. We want to bring the American dream back to reality.

Focusing on real results will eventually sap away the power of the distractions.

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atmavatar
17 minutes ago
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It is guaranteed we'll quickly find ourselves back here or worse if we do anything short of imprisoning virtually all involved in the current administration, voting out most members of the House and Senate, impeaching and replacing most of the Supreme Court justices, and enacting a number of constitutional amendments to fix the cracks in the system, not to mention (and to your point) breaking up the media empires consolidated under a small handful of billionaires expressly to kowtow to the current President.

None are likely to occur.

Anyone without the appetite for such a clean-up process is OK with it starting all over again, and unfortunately, you're probably right that the majority of people will ultimately fall under this category.

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enraged_camel
1 hour ago
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>> The dems need to run on fixing the economy and not retribution. They can go after him once they're in power, but don't run on it.

This isn’t going to work. Not this time. Because it’s basically classic Democratic centrism and Dem voters are fed up with it. We are already seeing evidence of this in all the special elections and primaries. By the time this November’s election is over, it will be undeniable.

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jchw
2 hours ago
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Unfortunately, it would seem the majority of dems are just jealous that they don't have the chutzpah to be so flagrantly, blatantly corrupt, and stick to less lucrative and more established corrupt practices.

See, discussions like this go nowhere productive, but it's not because the people are incapable of productive discussion, or because the subject matter is incapable of being discussed productively. It's just that there's literally nothing productive to say about this complete and utter fuck show. We live in a world where the most accurate prediction of the world 10 years from now is current-day satire. There is nothing sensible to be said about the state of affairs of politics.

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ourmandave
2 hours ago
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Jack Smith is tanned, rested and ready to resume the prosecution.

Assuming the house impeaches him he won't have to wait 2 years.

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tekacs
2 hours ago
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After Biden pardoned his family members, I would be surprised if Trump didn't complete his term by pardoning his family and all those that he works with.

It is – to my knowledge – an unsettled question, technically speaking, whether a president can pardon themselves. I would be unsurprised if he tried anyway, though.

Of course, states could still pursue actions against them, but I wonder in which cases they'd have standing / clear cases to pursue.

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jasonlotito
2 hours ago
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> I would be surprised if Trump didn't complete his term by pardoning his family and all those that he works with.

As we have learned, we can ignore all of that, or they can find ways around this. The Supreme Court has made it clear the President has amazing powers.

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iririririr
2 hours ago
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the system is such that the only incentive career politicians (and we don't have other kind anymore) is the campaign. they make the same money if they lose. why would they win? its a lot more work! they just have to keep it at a minimum to be considered for next campaigns.
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rvz
2 hours ago
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Oh sweet summer child. Both Republicans and Democrats won’t do anything.

Given that many of these members of congress of both parties were stock trading ahead of key legislation being announced they won’t do anything to change that.

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arkis22
2 hours ago
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"BUT WHAT ABOUT HUNTER BIDEN!?"

what a bummer

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AmericanOP
2 hours ago
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A scandal a day makes day trading on war news from the oval office okay
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supertroop
2 hours ago
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That’s it??? With all the corruption he has visibly demonstrated and his long list of boot licks I would have expected 10x that.
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reverius42
2 hours ago
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He's extremely corrupt, but not actually that good at making money and never has been.
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tinbad
2 hours ago
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This is just what’s known, now. Actual amounts could easily be 10/20x or more.
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mthoms
1 hour ago
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That’s just what was officially disclosed.
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arkis22
2 hours ago
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Don't underestimate it. His net worth increased more from crypto in the past 2 years than it did in 30 years of being a new york real estate nepo baby, when his net worth basically treaded water
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fortran77
3 hours ago
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morninglight
2 hours ago
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Trump’s annual financial disclosure shows more than $580M in crypto-related income Guess he wasn't into Bitcoin? https://www.cnbc.com/2026/06/30/trump-financial-disclosure-r...
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nutjob2
2 hours ago
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The Grifter in Chief.

You also have to add the numerous kickbacks Trump's family has received through deals done by the federal government.

All this is hardly reported because the administration has successfully cowed the media.

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ethagnawl
2 hours ago
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The Overton Window has shifted so far that what would have previously been regime ending scandals are now everyday occurrences.

Also, you're right about the media being cowardly but there's also just too much to report and keep people updated on. Even the more independent outlets who try ... can't.

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ourmandave
1 hour ago
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They could skip coverage of the UFC fight, and Kennedy Center name, the reflecting pool, and the 250th carnival, and WH ballroom, and all the things that are practically nothing compared to all the other f*ckery.
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nutjob2
2 hours ago
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> but there's also just too much to report and keep people updated on

This is the biggest indictment of the media, they can't summarize or aggregate? It's not giving the public a true picture. Crooks can get away with corruption in plain sight merely by doing lots of it? It beggars belief.

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blondie9x
2 hours ago
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It's pretty insane. https://www.msn.com/en-us/news/politics/ny-times-bombshell-d...

Remember how they were talking about Biden's son being on the Burisma board for or something? That was literally a corner of a peanut compared to the corruption we have now. MAGA? Is this great?

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