wDonald Trump has promised to tap top regulatory authorities in the bonds of cryptocurrency and make the United States a “planetary cryptocation.” The industries that suffer from the controversial scandal are slowly preparing for growth, where ethical watchdogs and the fears of former prestigious people can sink. Promotes danger and potential criminal abuse for investors.
The president’s parent’s attitude came when he begged a cryptic company to help ratchet the campaign contribution and acquire the White House. In 2021, Trump called Bitcoin “fraud”, but last fall, in the fall of him and his sons that he was helping to launch a new cryptographic business called Liberty Financial in the world.
Prior to his inauguration of his growing relationship with the speculative encryption business, Trump, Ethical Watch Dog, Economist before his self -abundant several days before his self -abundant days. , Personal Miscoin caused strong criticism from some industry officials.
“Trump’s Myers Coin represents Trump’s fascinating trends and his exit of his government’s cryptocurrency hugs and his light Miss extension to government regulations,” Cornel Professor Swar, Professor Economics, Swar. Prasad said.
To put it further, Prasado is “at the danger of a very speculative nature of these investments and the argument that is exposed to volatility in the very speculative nature of these investments under Trump. Nevertheless, we foresee that it contributes to legitimacy to encrypted assets.
The political property of the cryptographic industry is that the leaders are excited by the leaders, supporting the first bash including the Trump campaign and the “cryptographic ball”, accelerating the lobby activities of the new administration and parliament to achieve the priority. To do so, it rose rapidly.
In the early signs of Laxer monitoring in the industry, Crypto executives tapped Paul Atkins last month last month, and chaired by his committee securities. I praised.
In addition, Trump issued a presidential order last Thursday to support the growth of cryptocurrency. As a result, we have promised to explore the establishment of stockpiling of national cipher, propose new digital assets, and renew the encryption policy.
Trump has also been praised by Crypto Companies because he appointed Silicon Valley Venture Capital Moggle, David Sachs.
Crypto Ball Sacks declared that “the rule of fear for Crypto has ended.” On the same night, Trump took him to his true social platform and launched a $ Trump. This is not unique, but the price of Trump’s inauguration has risen the price before his value of paper has increased billions of dollars.
The explicit mixing of Trump’s political efforts has mixed his political efforts to boost cipher through a smaller regulation and the pursuit of encryption wealth, causing strong criticisms from watchdogs and experts. Ta.
“Not to mention the specific rules and norms of the government’s ethics, most people who are concerned about the basic ethics principles have launched a cryptocurrency token because Trump is about to launch as president. You will think. “
“The anonymity related to cryptocurrency transactions is clearly, only those who are looking for a good treatment from Trump’s administration, including US companies, foreign stakeholders, and national governments, only buy tokens. You will be able to make Trump more wealthy. “
Other critics provide a strict evaluation of Trump’s cryptographic tactics, which is said to have 80 % of Trump’s affiliated companies.
“The value of coins can be affected by his actions and policies, especially as Trump is more encrypted. A ethics advisor who teaches law at Minnesota University.
Similarly, with a wider criticism, Democratic Senator Elizabeth Warren told Guardian:
Trump’s wife, Melania, launched her husband’s wife’s coin $ melania.
Some experts are worried about the broader risk of the economy due to a proposal for creating a US Bitcoin Reserve, suggesting that Trump has returned and the top industry leaders like it. 。
“The establishment of the Bitcoin Protection Sanpo will give an official accusation to the cryptocurrency and the US government will take on the risks related to price volatility,” Prasado said.
Prasado was added as follows. “This is not a strategic, wise idea, or a wise idea, but instead it will benefit Bitcoin holders, stick to US taxpayers on the bill, and expose the government to financial risks. The US government. , It will be an important propulsion for rising prices of bitcoin.
Such a criticism is unlikely to prevent the Trump administration promoted by the lobbyist in the industry with a powerful Trump connection and tens of millions of campaign spending that benefit parliamentary allies and Trump. It seems.
Top Crypto companies thrown millions of dollars at the inauguration ceremony of Trump, hiring a highly notable lobbyist who is a Trump’s top funding and has a strong connection with him. We have expanded its influence efforts.
In particular, Crypto Firm Ripple took the first $ 5 million of the first cryptocurrency and became one of the largest donors. Ripple’s external lobby activities include Michael Best Strategy, and the Board of Directors is the former chief of Trump staff, REINCE PRIEBUS.
After Trump’s election, Ripple also hired Brian Ballad, a power roy -byist, which has been a major donation activity in Trump since 2016.
Trump’s enthusiastic begging for Trump’s encrypted instructor was revealed at the Bitcoin Conference last summer, swearing that the industry leader has caught the chairman of Gary Gensler, who hates his severe regulation. We promised to make the United States a “Bitcoin capital of the world”.
Personal enthusiasm for Trump’s alternative currency was the launch of World Liberty Fincial, a cryptocien venture that can make economic benefits in September last year, including Eric and Don JR. It was emphasized when I announced that it was supporting.
Last month, World Liberty was a famous player in a luxurious two -day bitcoin event in Abu Dhabi, which featured a keynote speech by Eric Trump. The conference also gathered Steve Witkov, a special Middle East Middle East of Trump. Steve Witkov has attended Abu Dhabi events and helped find the world’s freedom, which is proud of the highest entrepreneur in China, who is said to have entered the world’s free $ 75 million in the world. 。 He led another cryptographic company called Tron and brought out the scrutiny of regulations. In 2023, SEC submitted fraudulent crimes and other securities law violations of SUN, including Tron Foundation Limited, and his complete ownership.
A great thinker about what we can do to protect the freedom and basic freedom of citizens in President Trump. From our opinion desk.
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In Abu Dhabi Bash, Eric Trump promised his father to be the “President of the American history in the United States.”
Despite the public support of Trump’s Crypto and his own financial interests in business, there are more signs of Crypto abuse that bother critics.
There are various criminal abuse of currency, including dangerous foreign stakeholders linked to North Korea.
Last month, a survey by chain analysis, a major blockchain company, revealed that North Korean hackers stealed $ 1.34 billion in 2024 and doubled those stolen in 2023.
The report concluded that US and foreign analysts believe that the stolen funds are “used to fund the mass destroyed weapons and ballistic missile programs.”
In the United States, major crypto scam schemes cause alarms.
Sam Bankman-Fried, now a bankruptcy FTX Crypto Exchange, was sentenced to 25 years of penalty by a New York judge by Bilking of $ 8 billion in March last year.
Wider, the FBI was a year -old report last September, with an American losing $ 5.6 billion in 2023 and jumping 45 % from the previous year, causing scams related to cipher companies in 2023. I revealed that the number has increased rapidly.
These abuse enriched the cryptographic critic to strongly regulate cryptocurrencies to scammers and wider economic fallouts and to be weaker.
“As the last crisis came from a securities -based swap contract and a mortgage loan back securities that had been roughly regulated before 2008, our next financial crisis inflation of cryptocurrency (that is, bubble)). ) There is a big risk that it can occur.
Warren said, “Congress” “promotes competition and innovation, protects national security, and has a true protection means to protect consumers, investors, and more financial systems from potential shocks. He emphasized that he should work in a ultra -partic way to set the common sense.
Other senior Democrats predict the coin of the Mys that damages the curb of the campaign finance.
“Crypto Meme Coin can spell the end of the Campaign Finance Law, as we know,” said Maryland’s Democratic Representative Jamie Raskin. “This is an opportunity for interest donors to put millions of dollars or billions of dollars on the ownership of politicians. You can.
Former prosecutors are also raising a red flag on the cryptographic criminal plan.
“The world of encryption is just the latest context that the scammer and the grifter have learned about the operation. It is a glossy new object that people want to reach out to make them rich.” , Stefan Cassella, a future prosecutor, said.
“Cryptocurrencies have created a world of unusual assets, which are characterized by the complexity and vocabulary learned that are rarely understood.
Other former processors are very concerned about the expansion of crypto fraud.
“Crypto crimes are a new reality in global economic crimes, an anonymized digital highway to commit and hide the revenue of organized criminal acts,” he said. Paul Peletier, a former representative, said.
“Sophisticated criminals recognize that law enforcement agencies cannot effectively monitor or inhibit their current activity, so those who are maliciously like North Korea have a weak point. Is used for billions of fleece from victims who have no doubt around the world.
“It is indispensable for US law execution organizations and regulators to actively and positively develop a sophisticated surveillance system to prevent this new expansion threat. It seems to be moving. “
The article has been modified on January 27, 2025, and has been modified an edit error that omitted a letter from $ 1.34 billion, which was said to have been stolen by North Korean hackers.
