the ethical critique of the President of the USA
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The USA President, Donald Trump, seems to be the subject of a new wave of criticism that sees him at the center of ‘crypto corruption’. Having declared himself in favor of the cryptocurrency sector, Trump and his family continue to enrich themselves with personal enterprises, triggering ethical and legal alarms. Trump and the crypto corruption: the US President at the center of criticism on ethics and legality An article from The Guardian reflects the current situation concerning the President of the USA, Donald Trump, and his alleged “roadmap” to crypto corruption. Recently, in fact, it seems that more and more criticisms are being raised against the Trump family and about the President’s behavior from a perspective of legality and ethics. In practice, while on one hand the first US President favorable to crypto is drastically reducing surveillance on the industry, on the other hand he and his family are collecting billions of dollars with their crypto enterprises. The first doubts about Trump’s conduct were raised precisely by the sale of his official memecoin TRUMP. Something that was already predictable, given that in January, the crypto lawyer Preston Byrne had already announced that lawsuits would be coming against Trump due to the launch of his memecoin. In February, the organization Public Citizen had denounced the USA President for promoting the memecoin to obtain undeclared donations through social media posts. It was an encouragement to his supporters to send him crypto through explicit references to popular tokens. Despite these initial criticisms, on May 22, the USA President personally hosted a dinner at his golf club in Virginia for the 220 top TRUMP buyers and a private “reception” for the 25 top buyers. The event was also characterized by strong public opposition, with as many as 100 protesters who gathered outside the Trump…
Filed under: News - @ May 28, 2025 4:26 pm