Trump’s Not Even Trying To Hide The Fact That He’s Taking Bribes

The Trump family just received a $2 billion investment from the United Arab Emirates following a crypto conference in the country that featured Eric Trump. The investment is going into a crypto entity owned and managed by Trump’s family business, meaning the president will absolutely be making money off of this. And rather than trying to hide this fact, they are doing it out in the open for the entire world to see that Donald Trump can easily be bought. Ring of Fire’s Farron Cousins explains what’s happening.

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*This transcript was generated by a third-party transcription software company, so please excuse any typos.

Donald Trump is so corrupt that he's no longer even trying to hide his corruption from the American public. In fact, they're engaging in open corruption right out there in the public because who's gonna stop him? Right? And to be perfectly frank with you, the answer is nobody actually can. I mean, the Supreme Court gave him immunity, and even if he does something he doesn't have immunity for, he is the president of the United States. He can pardon himself and then boom, we can't do anything about it. It's a really horrible situation. That of course, does in fact lead to massive government corruption, which is what we're seeing right now. The latest instance of it, and most of the other instances of it all involve Donald Trump's meme coin and his, uh, stable coin company that his family owns. It was announced recently after Eric Trump attended a cryptocurrency conference in the United Arab Emirates, that the UAE, the country is going to be using the Trump family's stable coin company to invest $2 billion into Binance.

Now, if all of that sounds weird and confusing and you don't know what those words mean, do not worry. Let me read you this. From Rolling Stone, world Li, world Liberty Financials, USD one will be the vehicle for the state backed Emirati investment firm MGX to invest 2 billion into finance, the world's largest crypto exchange. So the transaction comes with a host of ethical baggage. For starters, world Liberty Financial, a decentralized exchange inspired by Donald J. Trump is co-created and managed by Trump's family, as well as that of Trump's Middle East Envoy, Steve Whitcoff, who has been functioning like a shadow Secretary of State and will now have direct financial ties to finance, which in November, 2023 pleaded guilty to financial crimes including money laundering, sanctions violations, and unlicensed operations. The exchange was slapped with heavy restrictions on operations within the United States. And on top of that, the transaction involves a foreign government with clear political interest in the us, much like Trump used as hotels, as vehicles for foreign entities to court favor with the presidency.

The signal being broadcast by World Liberty Financial is that the Trumps are open to investments. While the president himself does not technically hold a position in World Liberty Financial, he is clearly involved in his family's crypto ambitions. Days before his inauguration, he announced the launch of Dollar Sign Trump, a meme coin that made him billions overnight and then crashed within days last month, the president announced that he would be hosting an exclusive dinner for about 200 of the coin's biggest investors, and that caused the value to raise by 30%. So they own this company that has what's called stablecoin. Essentially you put your money into us, we then invest it in the crypto industry, and we are far more, you know, stable as the name suggests, than just throwing money into crypto without any kind of backing. But we also get a cut. So yes, the 2 billion investment from the United Arab Emirates does in fact end up back in the Trump family's pocket to a certain degree.

So the big question is, how did all this come about? Well, don't worry, 'cause Rolling Stone has that explained too. According to an investigation by the New York Times, world Liberty Financial has raked in over 550 million in sales of their stable coin. And WLFI token, the Times found that in their pitches to potential investors, world Liberty Financial, again, run by Eric Trump and the Trump family stress their connections to the president. They kept telling us, we're like, we're super close to Trump.