Of Course You Realize This Means War... on Wallets!
What's up Doc? Seems like things are gettin' mighty interesting in the ol' crypto patch! This Justin Sun fella a Chinese born crypto bigwig has gone and nabbed the top spot in the $TRUMP token leaderboard. And what does he win you ask? Why a dinner date with none other than President Donald Trump himself! Talk about a rabbit hole eh? This contest was open to anyone anywhere willing to drop millions on a digital coin tied to Trump! "Ain't I a stinker?" But this is starting to smell like Elmer Fudd is in charge!
Pronoun Trouble at the Dinner Table!
Now this Sun character is practically swimming in $TRUMP tokens – $18.6 million worth to be exact! And that's not even counting the $75 million he's already sunk into some other crypto venture that funnels cash straight to Trump. What's next? Is Bugs Bunny going to start investing in cryptocurrency? Could be a great investment but what if it tanks? Oh the pronoun trouble at the dinner table. The point being Sun has a dinner date with Mr. Trump.
Blockchains and Backroom Deals: Sounds Like a Cartoon Plot!
But hold your horses folks! This Sun fella isn't exactly squeaky clean. He's got the Securities and Exchange Commission (SEC) breathing down his neck with some civil fraud charges. And get this – his case was paused right after he started throwing money at that other crypto venture. Coincidence? I think not! "I knew I shoulda taken that left turn at Albuquerque." This whole situation is about as subtle as a coyote with a rocket pack.
Is This the Most Brazen Pay to Play Scheme?
Now our friends in the Democratic party are throwin' a real hissy fit. They're callin' this whole thing a "brazen pay to play scheme" and warnin' that Trump's crypto ties could be a national security risk! Sen. Richard Blumenthal is even suggesting that these crypto holdings could be a back door for foreign interests to cozy up to the president. Imagine that! "What a maroon!".
Corruption Unfolding in Real Time?
Accountable.US is calling this "corruption unfolding in real time" and warning that the $TRUMP token competition is opening access to foreign actors with major stakes in Trump linked assets. "Of course you realize this means war!" Tony Carrk executive director of Accountable.US said that this whole thing was always going to become a magnet for foreign influence self dealing and swampiness.
Democrats are Sounding the Alarm
Sen. Jeff Merkley and Senate Minority Leader Chuck Schumer introduced the "End Crypto Corruption Act" to block elected officials and senior executive branch personnel from endorsing digital assets. Rep. Maxine Waters derailed a digital assets hearing to convene a Democrat only session focused solely on Trump's crypto empire. Sen. Elizabeth Warren is demanding an ethics probe into a reported deal between Trump's crypto firm and a UAE sovereign wealth fund. She warned that it may violate federal bribery laws. What will happen doc?
Donald Trump Justin Sun $TRUMP token cryptocurrency meme coin gala dinner political corruption SEC foreign influence crypto empire
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seanmoran
This is getting out of hand! Where's the line between investment and influence?
kidage
Follow the money! Always a good idea!
kikas
This is outrageous and a potential national security risk! What's up, Doc?
dangquangtvu13
Sounds like a recipe for disaster. National security is at stake here!
akuseru
Is this real life? I feel like I'm watching a cartoon!
jeneaneanhha12
Eh, it's just politics as usual, Doc. Nothing to see here.
jsitko
I wonder if they'll serve carrots at the dinner with Trump?