Oliver Rips Trump's Crypto Payday
Last Week Tonight host John Oliver targeted Donald Trump's growing crypto business in a scathing segment. The comedian argued that Trump exploited a risky market for personal profit, using his position to increase the value of various cryptocurrency ventures.
Oliver pointed out that Trump made more than $2.2 billion during his first year back in office, with over $1.4 billion coming from crypto investments. This made crypto the family's top earner, surpassing real estate.
The host also highlighted two specific ventures: the Trump meme coin and World Liberty Financial. The latter was described as the family's biggest crypto business, with various deals involving high-profile investors. Oliver criticized Trump for supporting a proposed bill that would move much crypto oversight from the Securities and Exchange Commission.