Summary
Donald Trump’s potential loosening of cryptocurrency regulations as president could benefit extremist groups like neo-Nazis and terrorists who use crypto for anonymous fundraising.
Far-right groups, such as the Base, already solicit Bitcoin and Monero for training and supplies, exploiting crypto’s anonymity to evade financial scrutiny.
While Biden’s administration has cracked down on crypto over national security concerns, Trump’s pro-crypto policies and appointments could accelerate extremist financing.
Analysts warn that weak private sector oversight and a lack of regulatory enforcement enable such activities, raising concerns about future abuse of cryptocurrencies.
Waiting for the bullshit doge fork that Elon will pump. I’m betting it’s called Freedom Coin.
His new “lending” crypto scam is close, World Liberty Financial. He just got 30 million from a China-born “entrepreneur” that I’m sure will not be a conflict of interest. This scam apparently uses WFL tokens they are letting people pre-purchase before they even explain how the scam works lol.
He is stupid he will call it Xcoin or something.