Donald Trump’s use of his second presidency to grow his personal fortune has alarmed legal and ethics experts and congressional Democrats as he has reaped an “unprecedented” $2.2bn in 2025 revenues by amassing big cryptocurrency holdings, benefiting from wealthy foreign interests, expanding his Truth Social business and more, while federal oversight of his actions has waned.

Trump last year raked in at least $1.4bn from his crypto ventures according to financial disclosure forms he filed in June. Simultaneously, about one million investors in a Trump crypto scheme suffered almost $3.8bn in losses as their volatile crypto holdings tanked in value.

Monetizing his presidency further this summer, Trump’s Truth Social media business is pushing a new scheme that offers wealthy buyers special early access to his posts for a fee of $100,000 a month, which top Democrats and public interest groups say pose serious conflict of interest and corruption issues.

This is some of why at least some Americans probably wish the Iran plot succeeded

Do you hear the people sing? Singing the song of angry men.

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[–] 106 points 1 month ago (11 children)

I mean . . . Yeah. We know. We’ve been watching it happen every goddamned day.

Thanks for the reminder Guardian. Maybe you could name and shame a little more? It’s not happening magically. People with names and institutions are doing this corruption, so. Map it out. kthx.

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    [–] 36 points 1 month ago (14 children)

    How do any remaining supporters justify this?

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  • [–] 37 points 1 month ago (1 child)

    They don’t, they will just scream ‘fake news!’

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  • [–] 8 points 1 month ago

    They only trust the news that reports the things they want to hear.

    I think there’s others that think the things he does for the country are good. And they take the good with the bad. Like lowering taxes (even though mostly the rich benefitted from that). Or whatever the fuck DOGE claimed to do. Or brain worm measles you.

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  • [–] 31 points 1 month ago (5 children)

    They believe that everyone does it, and that Trump is just better at it.

    That's why if you point out something corrupt they point to someone else who the think did something corrupt, instead of saying both should be investigated and punished if actually guilty.

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  • [–] 8 points 1 month ago (4 children)

    Exactly: "Hunter Biden and his laptop! And Hunter sold art, can you even believe it? Hillary's emails! Bill Clinton gets speaking fees, how is that even possible?"

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  • [–] 17 points 1 month ago (1 child)

    "Look at what a good businessman he is!"

    "If it was actually illegal, he'd be in prison!"

    "He's so savvy to not pay for things when payment is due. Why would you pay if you didn't have to?"

    "He's made more money while president than any other president because he's the first non-politician president."

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    [–] 30 points 1 month ago (3 children)

    But he DOESNT take a Salary!

    -Free Thinking NOT GULLIBLE Republicans!

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    [–] 26 points 1 month ago (5 children)

    I so want him and all of his family thrown into prison. It is all so brazenly corrupt.

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    [–] 22 points 1 month ago (1 child)

    And that $2.2B is just what he reported on his taxes--i.e. the technically legal income.

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  • [–] 17 points 1 month ago (8 children)

    We could end this in a few weeks if we acted. Everyone wants to hold on to what little they have instead of losing it for a better future.

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  • [–] 5 points 1 month ago

    I believe part of the issue is that in addition to the regulatory system being captured, the media has been as well. Sure there are some late night shows poking fun, but major news networks are being bought up one after another.

    It's difficult to organize when half the news pretends this is normal and the other half openly celebrates this degradation of our systems. Unfortunately I fear things will get worse before they get better.

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  • [–] 5 points 1 month ago (6 children)

    People will die. People have kids they need to raise. People have parents they need to take care of. If we burn the system down, all that is over. Your hopes of a good life in your lifetime end with revolution. You basically have to sacrifice an entire generation to burn this system down. Maybe we'll get there soon, but people are still hoping to make it to the other side in one piece.

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  • [–] 14 points 1 month ago (5 children)

    There is no need to stress. The next Democratic President will issue blanket pardons, will no do investigations, or Presidential Commissions, or anything that sort.

    The Epstein Class always protects each other.

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    [–] 14 points 1 month ago (6 children)

    Wishing tons of non viloent misfurtunes to happen to all republicans.

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  • [–] 13 points 1 month ago (13 children)

    He has set the precedent that presidents and their families can not only continue to run businesses while in office, but make governing decisions that lead to profit for those businesses. Oh, and getting payments for advertisements from the Resolute desk, and putting up paid advertisements on government property. Oh, and punish federal funding to states, companies, Universities, etc. for not following his executive orders, which are not laws, but are being treated as such.

    The only way to remedy this, I figure, is to have a democrat in office do every. single. thing. he is doing in office, until each thing has a law created by the other branches of government to make it illegal going forward.

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    [–] 13 points 1 month ago (1 child)

    All that money and still an utterly worthless man.

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    Likewise some analysts are troubled by how Trump has circumvented the constitution’s prohibition on foreign emoluments by accepting a $400m plane as a gift from Qatar, and how other wealthy foreigners have backed some Trump family hotel and golf deals abroad.

    Doesn't the constitution ban all emoluments?

    Or is this just saying that the other reps are only outraged by accepting foreign bribes, because they all accept domestic bribes..

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  • [–] 12 points 1 month ago

    So glad we elected this guy again instead of putting him in prison...

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  • [–] 12 points 1 month ago* (last edited 1 month ago) (2 children)

    an “unprecedented” $2.2bn in 2025 revenues by...expanding his Truth Social business and more

    What? How does that make money? Is he selling sugar pills that claim to make your penis bigger or sth?

    Edit:

    Canter added that “Trump is increasingly dependent on the presidency to generate business profits since his media company has been losing money over the past several quarters.”

    Trump Media & Technology, the company behind the Truth Social platform, on 10 August announced it lost a whopping $238m in the three months through June as it branched out into new businesses including crypto.

    Oh, that sounds more correct

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  • [–] 11 points 1 month ago

    Many Americans seem to be fine with that, must be some kind of national kink.

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  • [–] 11 points 1 month ago (7 children)

    As far as I can tell republicans chose this life for all of us because they were upset that:

    They had to wear a mask during covid. Gay people are allowed to be happy. Obama wore a tan suit that one time. Buttery emails.

    So now we all get to live shit hole life’s because the crabs at the bottom of the bucket decided to yank everyone down with them and install a king.

    If you vote republican, fuck you, genuinely.

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    [–] 10 points 1 month ago

    "But he doesn't even take a salary!" -MAGA Morons

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  • [–] 8 points 1 month ago (5 children)

    Trump is the most openly American president to ever live. The stuff he does in the open, were happening in secret for decades. The secret is out.

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    [–] 8 points 1 month ago (2 children)

    Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.

    Corporations are the only ‘persons’ which should be subjected to capital punishment, but trillionaires should be forced to transition into billionaires, and billionaires should be euthanised through taxation.

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    [–] 7 points 1 month ago

    Just pure robbery in board daylight. Trump cultists don't care mind you these people were stuck on a laptop for like 5 years lmao.

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  • [–] 7 points 1 month ago (2 children)

    Early access for 100k? Fuck me sideways. Some twats will do it.

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  • [–] 6 points 1 month ago (7 children)

    And what's he even going to do with it? Dude is a walking caricature of American diet related health problems, in his 80s. Beyond the fact that so many groups would love to take a shot at him, he's pretty likely to take himself out within the next few years anyway.

    So what's the point of getting absurdly rich? You can't take it with you, and he very obviously only cares about himself, so he isn't doing it for his family.

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    [–] 5 points 1 month ago

    Second only to whoever ran the country from 2016-2020

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  • [–] 5 points 1 month ago (5 children)

    We're going to do corruption like no one has ever seen before! It's going to be huge, so big... Beautiful, the corruption. Has anyone seen how beautiful my daughter, she isn't at all, God she's hot. No corruption there? Am I right? We're going to do corruption like the Democrats never could, there too weak. Medical people, you know we have the best, and the smartest, they all tell me I could be a doctor too, I'm so smart. Like Ivanka, and her soft thighs. A doctor like no other! One, not unlike Jesus, a man who I'm sure would also find Ivankas breasts lovely and full... and endorse, your favorite president for doctor. I have to talk to Harvard about making me one. Right?

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    [–] 5 points 1 month ago

    Now isn't that funny? It cost MORE to make a rich person richer than it does to make me rich.

    Go figure.

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