Alright, so Trump pardoned some crypto dude, Changpeng Zhao – CZ, whatever. Then he goes on TV and claims he has "no idea who he is." Give me a break.
The Amnesia Tour
Seriously? The guy pardons a billionaire crypto tycoon who pleaded guilty to enabling money laundering, and then pretends he doesn't know him? That’s like claiming you don’t know your own kids. 'I don't know who he is', says Trump after pardoning crypto tycoon
The White House spin is even more pathetic. Karoline Leavitt calls CZ's prosecution a "war on cryptocurrency" by Biden. Oh, please. It's a "war on money laundering," last I checked. I mean, am I the only one seeing this?
And of course, there's the Trump connection to crypto firms. His sons are apparently advisors for Dominari Holdings, which is linked to CZ's companies. Dominari Holdings is based in Trump Tower. You can't make this stuff up.
It's all one big swamp, isn't it?
It gets worse. Trump's admin also halted a fraud case against Justin Sun, another crypto bro, after Sun invested in a Trump family crypto firm. Coincidence? I think not. It's like the whole administration was a giant ATM for these guys.
The Crypto Circus
Then there's Trump's sudden crypto evangelism. He says the US has to lead in crypto or China will win. Okay, so now he's a tech visionary? I thought he was all about coal and steel. This reeks of desperation.
So let me get this straight: Trump pardons crypto criminals, claims ignorance, and then suddenly becomes a crypto advocate? And we're supposed to believe this is all on the level?
I'm just saying, connect the dots.
It's like watching a bad reality TV show. The plot twists are ridiculous, the characters are cartoonish, and the whole thing is designed to distract you from what's really going on.
Oh, and let's not forget the other pardons: BitMEX founders (money laundering charges, offcourse) and Ross Ulbricht from Silk Road. It's a regular who's who of shady characters.
But wait, are we really supposed to believe that Trump is just a clueless bystander in all of this? That he's simply a victim of "misjustice" and "witch hunts"?
The Billion-Dollar Question
Meanwhile, the crypto market keeps chugging along. Bitcoin's hovering around $108,000, and Ethereum's at $3,750, according to some report. People are still throwing money at this stuff, even with all the obvious red flags.
Treasury Secretary Scott Bessent's warning about high interest rates pushing the economy into recession. Are rate cuts driven by genuine economic strength, or just a desperate attempt to avoid a collapse? I don't know anymore.
And these "digital asset treasuries" (DATs)? They're selling off their ETH to fund buybacks? That sounds like a recipe for disaster. "Death spiral" is the term some VCs are using. Charming.
So, What's REALLY Going On Here?
This whole thing stinks. Trump's "amnesia" is insulting, the crypto world is as shady as ever, and the whole system feels rigged. It's a clown show, plain and simple. I'm not saying I know exactly what's going on behind the scenes, but I sure as hell don't trust any of these guys.
