Donald Trump once called cryptocurrency a “scam.” Now ethics experts fear the president may be carrying out a rules-bending crypto scheme of his own by holding onto crypto assets while serving in the White House.
Federal ethics rules bar conflicts of interest involving financial holdings. A 2022 opinion from the Office of Government Ethics argued federal employees should remove themselves from crypto issues “when there is a real possibility that the matter will result in a gain or loss to the employee’s digital assets.”