Private event with crypto customers fuels accusations of Trump profiting off presidency
Eric Lipton:
That’s right. As well, it would be an election law violation for him to take a campaign contribution from a foreign national. But foreign nationals can buy his cryptocurrency and give him money directly and his family. And that’s what’s happening here.
So, I mean, the president is exempt from the federal conflict of interest law. The president and vice president are the only two who are exempt. So, even though he’s taking actions that benefit the crypto industry and then actions that indirectly benefit some of these individuals that are buying, like Justin Sun, with the SEC putting a pause on that investigation, he is not actually criminally liable for that conflict of interest, because he’s exempt…
