{"id":70028,"date":"2026-05-27T14:34:40","date_gmt":"2026-05-27T21:34:40","guid":{"rendered":"https:\/\/www.newscorpse.com\/ncWP\/?p=70028"},"modified":"2026-05-27T14:34:40","modified_gmt":"2026-05-27T21:34:40","slug":"grifter-in-chief-trump-lauds-the-agency-he-corrupted-that-regulates-his-own-family-crypto-scams","status":"publish","type":"post","link":"https:\/\/www.newscorpse.com\/ncWP\/?p=70028","title":{"rendered":"GRIFTER-IN-CHIEF: Trump Lauds the Agency He Corrupted that Regulates His Own Family Crypto Scams"},"content":{"rendered":"

The fortune that Donald Trump has made since reoccupying the White House dwarfs that of many third world nations. He has amassed billions of dollars by opening channels through which conflicted donors, greedy corporations, and nefarious foreign operatives, could funnel funds directly – and secretly – into his pockets.<\/p>\n

Click here to post this article on Twitter<\/a> or Click here to post on Bluesky<\/a><\/strong><\/p>\n

\"Trump<\/p>\n

High the list of the money laundering enterprises that Trump developed is the Trump Media and Technology Group (TMTG) that runs his dedicated propaganda platform, Truth Social. That business has wandered off into a variety of totally unrelated activities such as cryptocurrency, mutual funds, gambling, artificial intelligence, and nuclear fusion. None of which have helped it to avoid becoming a pitiful financial fiasco that has lost investors billions of dollars.<\/p>\n

SEE THIS: YOU\u2019RE FIRED: Trump Media\u2019s CEO, Devin Nunes, Gets Booted From the Failing Truth Social Company<\/a><\/strong><\/p>\n

Nevertheless, Trump has successfully managed these failures in a way that still nets him a fortune. Part of the reason for that success is that Trump has gamed the system to always provide profitable benefits for him. And true to form, Trump makes sure to thank himself for his illicit largesse, as he did Wednesday morning in a Truth Social post<\/a><\/strong>. He wrote in part that…<\/p>\n

“It is critically important that the CFTC\u2019s exclusive authority over Prediction Markets is maintained, and that they will thrive. Under my leadership, we are setting ‘rules of the road’ that are the Gold Standard for the States. We cannot have SCUM like Chris Christie, Letitia James, Tim Walz, and JB Pritzker setting the rules!”<\/p><\/blockquote>\n

That’s right! You can only have SCUM like Trump, his family, and accomplices, setting those rules. Despite the fitting acronym, the CFTC is not the Commission For Trump Corruption. It is the Commodity Futures Trading Commission, which is responsible for regulating financial transactions in the commodities markets, as well as for cryptocurrency and prediction markets.<\/p>\n

The latter two just happen to be ventures that the Trump family is heavily engaged in. Under normal circumstances there would be legal and ethical guardrails prohibiting a president and his family from having such unsavory business associations. But there is nothing normal about Trump and his family. So naturally he is exploiting those industries to his advantage. And he is likely reacting to recent news about his criminal tendencies. As reported by the New York Times<\/a><\/strong>…<\/p>\n

How Prediction Markets and Crypto Firms Steamrolled a Watchdog Agency (May 24, 2026):<\/strong>
\n“The Commodity Futures Trading Commission purged its ranks, dialed back its enforcement and boosted industries in which President Trump\u2019s family is heavily invested.”<\/p>\n

“(T)the CFTC, the primary regulator of a specialized sector of the financial markets, has been mowed down by the powerful business interests it is supposed to oversee, a New York Times investigation found.<\/p>\n

In the past 16 months of the Trump administration, the commission has shrunk its work force, purged career officials, sharply curtailed crypto enforcement and helped out prediction markets at virtually every turn, The Times found. […]<\/p>\n

“The gutting of the agency is particularly notable because of the Trump family\u2019s deep ties to the crypto and prediction industries.”<\/p><\/blockquote>\n

Like so many other government agencies during the Trump regime, Trump and his cronies have fired the career professionals at the CFTC and replaced them with Trump cult loyalists. This has been the case at the “Justice”<\/em> Department, the Federal Communications Commission (FCC), the Department of Health and Human Services, the Federal Bureau of Investigation (FBI), and many more, including that Offices of Inspectors General across all agencies.<\/p>\n

Trump has presided over a dismantling of the systems that prevent corruption by government crooks. And he did it with the intention of blazing a trail for new wealth for himself and his billionaire pals. Unfortunately for the rest of the nation, it appears to be the one thing that he is actually any good at.<\/p>\n

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