Tell Congress: Ban Government Officials From Issuing #Cryptocurrencies
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#DonaldTrump has debased the office of the president to enrich himself and his family to a degree so unprecedented and extreme that it might seem almost comical if it weren’t so nakedly corrupt.

Among the most #flagrant grifts are the “meme coins” launched earlier this year by both #Trump and his wife, #MelaniaTrump.

https://act.citizen.org/page/82879/petition/1

"The 220 wallets currently listed on the leaderboard of token holders hold a combined 12.5 million $TRUMP, notionally priced at around $137 million. These wallets likely represent fewer than 220 distinct individuals. Blockchain analysis shows several clusters of two or three wallets with similar trading patterns and funding sources, or wallets which have transferred tokens to other wallets on the leaderboard, suggesting some investors are qualifying for multiple spots through different wallets. Without access to identification documentation that will be submitted privately to the Trump team, only a small number of wallets can be connected to identifiable individuals with any degree of certainty based on public data.

161 of the wallets on the leaderboard, or 73%, likely belong to non-U.S. investors. This conclusion stems from tracking token transfers through offshore cryptocurrency exchanges that explicitly prohibit U.S. customers. While some Americans may have access to these exchanges because they operate foreign businesses, it is not trivial to establish such a business, and it’s generally prohibited to set up a shell company solely to circumvent trading restrictions. Some of these exchanges, namely Binance, have in the past encouraged customers to illegally circumvent their restrictions using VPNs or offshore shell companies, although regulatory enforcement actions in the past few years have limited the practice somewhat.3 Two wallets received transfers from US-only entities and so are likely American; an additional four are likely American based on their online presence. The remaining 53 have used exchanges and other trading platforms that allow US and non-US traders alike.

Of the top 25 “VIP” holders, who will also be treated to an exclusive pre-dinner reception with Trump and a tour,c 23 of them are individuals or entities likely based outside of the United States."

https://www.citationneeded.news/trump-memecoin-dinner-guests/

#USA #Trump #Memecoins #Crypto #Cryptocurrencies #Kleptocracy

Meet Trump’s memecoin dinner guests

Trump's crypto-for-access dinner triggers broad ethics alarms, and 73% non-US attendance raises fresh concerns over foreign influence

Citation Needed
The rise of end times fascism

The governing ideology of the far right has become a monstrous, supremacist survivalism. Our task is to build a movement strong enough to stop them

The Guardian
Why are the Democrats greenlighting Trump’s crypto plans?

Dangerous bills could pave the way for Trump’s own cryptocurrency to be used in government payments

The Guardian
آیا نرخ هش پایین یک مشکل است؟ - بیت‌کوین کش فارسی

آیا نرخ هش پایین یک مشکل است؟

There once were some crypto buffs, rich and bold,
But their fortunes quickly turned cold.
Kidnappings took place,
The police joined the chase,
Their stories to be fully told.

#GuardianLimerick #France #Europe #Cryptocurrencies #Technology #Belgium

https://www.theguardian.com/world/2025/may/04/french-police-investigate-spate-of-cryptocurrency-millionaire-kidnappings

French police investigate spate of cryptocurrency millionaire kidnappings

Victims have had fingers chopped off by attackers in crimewave targeting entrepreneurs and their families

The Guardian

In France, police are on the case,
Investigating a wealthy disgrace,
Cryptocurrency kingpins,
Targeted for their winnings,
Kidnappers leaving no trace.

#GuardianLimerick #France #Europe #Cryptocurrencies #Technology #Belgium

https://www.theguardian.com/world/2025/may/04/french-police-investigate-spate-of-cryptocurrency-millionaire-kidnappings

French police investigate spate of cryptocurrency millionaire kidnappings

Victims have had fingers chopped off by attackers in crimewave targeting entrepreneurs and their families

The Guardian

There once were some crypto tycoons,
Whose wealth led to dark afternoons,
Kidnapped in France,
The police took a chance,
To solve these high-stakes crypto boons

#GuardianLimerick #France #Europe #Cryptocurrencies #Technology #Belgium

https://www.theguardian.com/world/2025/may/04/french-police-investigate-spate-of-cryptocurrency-millionaire-kidnappings

French police investigate spate of cryptocurrency millionaire kidnappings

Victims have had fingers chopped off by attackers in crimewave targeting entrepreneurs and their families

The Guardian

@Sibshops not really, it keeps stable at the €250-ish mark, so it's simply a jump in value tuat seems persistent. Whereas any ML would spike it for a bit and/or go down afterwards...

  • I don't have the necessary time nor resources to check for that, and given the rampant use of #Shitcoins and the fact that "Non-KYC Crypt-to-Crypto exchangers" have changing wallets as they don't want to tumble clean coins, it's really hard to evidence that.

If anything, #delisting|s of #Monero made it harder to do #AML & #CTF investigations since #Exchanges did keep record on the exact "coin" (like a Serial Number on a banknote), allowing for #cash-like tracing based off known date/time, wallet & coin correlation.

  • Kinda how #LEA|s inject small amounts of cash into organized crime to track correlations.

#Cryptocurrency #Shitcoin #Cryptocurrencies

Donald Trump Is Using the Presidency to Get Rich

“The amount of money flowing into the Trump family coffers is of a scale and scope that just sort of blows the mind in any context,” the staff writer Susan B. Glasser says.

The New Yorker