Trump Is Letting Crypto Run Wild
Photo-Illustration: Intelligencer; Photo: Getty Images
With an unelected billionaire taking a wrecking ball to the administrative state and the president’s Cabinet giving away national secrets, it can be easy to forget that the president is treating the crypto industry like an open-source ATM.
You may remember that Donald Trump launched a novelty cryptocurrency in January — followed by one for the First Lady — making over $100 million off trading fees. But just this month, Trump’s business interests also announced the launch of a third cryptocurrency, a murky crypto SPAC plan from…
