Trump's Crypto Empire Under Fire: Regulatory Pressure Mounts
John Oliver's recent segment on Last Week Tonight took aim at Donald Trump's crypto empire, labeling his involvement 'manifestly corrupt and compromised.'
The segment highlighted that more than $2.2 billion in personal income for Trump during his first year back in power came directly from the crypto ecosystem.
Oliver raised concerns about a structural conflict of interest, citing that the president is legislating over a sector he has a significant financial stake in.
The TRUMP memecoin, launched by Trump's team, has been trading below $1.50 as regulatory pressure mounts around the White House.