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Trump’s heist in broad daylight


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There is nothing cryptic about Donald Trump’s cryptocurrency approval. Four years ago, he said Bitcoin was a “scandal”. Now he wants to make America the “Crypto capital of the world”. To see it as U-Turn to miss out how Trump works. The second statement follows naturally from the first.

On Sunday, Trump said that five cryptocurrencies would be included in the US Federal Reserve Balance Sheet. The “Crypto Reserve” in the United States will include Bitcoin, Etherium and three others (Solana, Cardo and XRP) that investors were unknown. David Sacks, Trump’s “Crypto and AI Caesar”, who have five investment agencies, were also surprised for the Securities and Exchange Commission. Every price has increased after Trump’s announcement.

A few hours later, Trump has canceled the American Chief Anti-Money Laundering system-US shell companies must publish their beneficial owners. The second step also flowed from its very beginning. Last month, he closed the anti -clapotocracy initiative of the judiciary, which is occupying assets like mega yacht from the approved Russian elite.

The most interesting aspect of these steps, which is the amount of a certificate for criminals, is that Trump is trying very little to sort them. This pig has no lipstick. Trump and his wife Melania introduced their own memory. Trump’s changed ego, Elon Kasturi is also a heavy crypto investor. In fact, the so-called Government Skill section (DOGE) of the musk contains a non-skeptic clue, which shares a brief form with cryptocurrency. One of the nicknames of the musk is “Dagifadar”.

No matter how uninterrupted by the chaos Trump’s activities, a bright thread combines them. Louis IV of France first as a summary: “The state iThe “Trump can update it:” State – it is I (and now Elon). “The planned introduction of a crypto reserve will serve as a backstop in an estimated resource without the Fed Criminal and Dark Web without the Fed Criminal Web. It will be a result of the Trump family, including the Trump Family, and the crippot can be reduced.

It is more difficult to find public value for anonymous limited liability agencies. In compliance with the Treasury Anti-Money Laundering Rules, the short forms are involved and legally sign up. Trump claimed that the rules were “a disaster for small business nationwide”. Advanced FT readers can advise a legitimate business that has its final ownership disguise. I can’t think of one. It is worth remembering that the Reuters investigation in 2017 assumed that one -third of the Florida towers in Trump were owned anonymously. It also found that Russian passport holders invested at least $ 98.4 million in Trump’s seven luxurious branded Florida towers.

It is worse. The goal of the musk dog operation is to reduce the public spending through the mainstream of waste, fraud and abuse. His announced savings still do not add decimal rounded error. However, the US hits in the United States are already significant. Thousands have also been dismissed from internal revenue services. If Dog’s goal was financial skills, it would do the opposite. For each dollar invested in a tax collection, at least five yields in exchange for IRS. Their income has been deducted at the source of general taxpayers. Kasturi, whose company Tesla has not paid any federal income tax in two in the last three years, hiring people to ensure that the collection day never arrived.

The Washington Landscape is bound to the regulatory agencies in turmoil. However, the influence of the musk on the Federal Aviation Administration is a special quote. If there is no public bid, Kasturi’s Starlink FAA seems to be trying to adopt the Air Traffic Control system. Here is an example in the absence of musk identifying waste, fraud and abuse. A hostile techover of Starlink’s FAA is the abuse of power that involves potential waste and is probably a fraud on US taxpayer. It may also be in danger of air passengers.

Trump “Flood” This idea[ing] The splash zone is “no more meaning when it indicates on the one hand. It is also governed by its foreign policy, that it should turn Gaza Strip into the Middle East, buy Greenland or Ukraine’s mineral resources. The United States has ruined its role.

adward.luce@ft.com



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