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The Guardian - US

World

Peter Stone in Washington DC

‘I have never seen such open corruption’: Trump’s crypto deals and loosening of rules shock observers

Donald Trump Crypto Justin Sun Corruption SEC Jeff Merkley United States Elon Musk Joe Biden Paul Rosenzweig

a man stands in front of a backdrop that reads 'bitcoin 2024' — Donald Trump attends the Bitcoin 2024 conference in Nashville, Tennessee, on 27 July 2024. Photograph: Brett Carlsen/Bloomberg via Getty Images

Cryptocurrency multibillionaire Justin Sun could barely contain his glee.

Last month, Sun publicly flaunted a $100,000 Donald Trump-branded watch that he was awarded at a private dinner at Trump’s Virginia golf club. Sun had earned the recognition for buying $20m of the crypto memecoin $Trump, ranking him first among 220 purchasers of the token who received dinner invitations.

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One subscription that gives you access to news from hundreds of sites

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Robot Allegedly Attacks Teenage Girl as Police Investigate Owner and Companion Who Filmed Incident

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