The Hound

NYT, CNN, WaPo Must Cover Trump's Crypto as Corruption

Trump's financial disclosures reveal his cryptocurrency ventures netted him roughly $1.2 billion in 2025 alone — his first year back in office. That includes over $520 million from World Liberty Financial tokens and $635 million in memecoin royalties. Foreign governments and state-linked entities have poured money into these ventures. Trump sold $57 million in crypto tokens to entities tied to North Korea, Iran, and Russia. An Abu Dhabi fund backed by the UAE government made a $2 billion deal using World Liberty Financial's currency. 

Meanwhile, the administration has gutted crypto enforcement: CFTC investigations into major firms have virtually ceased, the DOJ's crypto enforcement team was dissolved, and the SEC has dropped cases against firms that invested in Trump's companies.

This is not a financial story. It is a corruption story — arguably the largest presidential self-dealing operation in American history. A sitting president is selling access through a memecoin, dismantling the regulators who would investigate him, and taking money from foreign adversaries through vehicles that require no disclosure of who is buying.
We call on The New York Times, CNN, The Washington Post, NBC News, ABC News, and other mainstream outlets to cover Trump's crypto empire not as a business or technology story, but as an ongoing corruption and national security crisis — one that connects the money flows, the regulatory rollbacks, and the foreign influence into the single coherent scandal it is. The public deserves reporting that matches the scale of what is actually happening.
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