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Trump, Cryptocurrency, and the Real Winners and Losers

Trump, Cryptocurrency, and the Real Winners and Losers

image via WIRED

May 9, 2025, 10:00 AM

  • Trump launched a meme coin shortly before his second inauguration, raising ethical and financial concerns.
  • The coin's top holders are invited to a private dinner with Trump, raising questions of access peddling.
  • Trump's sons are also involved in business deals that could benefit the Trump family, raising further ethical concerns.
  • These actions raise questions about potential violations of the emoluments clause and the integrity of the US government.

WIRED's Uncanny Valley podcast discusses Donald Trump's venture into cryptocurrency, specifically his own meme coin, TrumpCoin, and the potential for ethical concerns. The podcast highlights the private dinner with top investors, raising questions about access and potential bribery. Furthermore, the podcast reviews the business dealings of Trump's sons, Eric and Donald Jr., and their global ventures, potentially benefiting the Trump family. The conversation also touches on the potential conflicts of interest and the potential violation of the emoluments clause.

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Entities Mentioned

Donald TrumpLauren GoodeMichael CaloreKatie DrummondEric TrumpDonald Trump Jr.

Topics Covered

BusinessBusiness / Blockchain and Cryptocurrency

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