Donald Trump’s use of his second presidency to grow his personal fortune has alarmed legal and ethics experts and congressional Democrats as he has reaped an “unprecedented” $2.2bn in 2025 revenues by amassing big cryptocurrency holdings, benefiting from wealthy foreign interests, expanding his Truth Social business and more, while federal oversight of his actions has waned.

Trump last year raked in at least $1.4bn from his crypto ventures according to financial disclosure forms he filed in June. Simultaneously, about one million investors in a Trump crypto scheme suffered almost $3.8bn in losses as their volatile crypto holdings tanked in value.

Monetizing his presidency further this summer, Trump’s Truth Social media business is pushing a new scheme that offers wealthy buyers special early access to his posts for a fee of $100,000 a month, which top Democrats and public interest groups say pose serious conflict of interest and corruption issues.

This is some of why at least some Americans probably wish the Iran plot succeeded

  • dudeface
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    7 hours ago

    How do any remaining supporters justify this?

    • jaaake
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      4 hours ago

      “Look at what a good businessman he is!”

      “If it was actually illegal, he’d be in prison!”

      “He’s so savvy to not pay for things when payment is due. Why would you pay if you didn’t have to?”

      “He’s made more money while president than any other president because he’s the first non-politician president.”

      • Malyca@lemmy.zip
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        3 hours ago

        My personal favorite: “he donates his salary, that proves he isn’t in it to make money. That’s why we elected him!”

    • LifeInMultipleChoice@lemmy.dbzer0.com
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      7 hours ago

      They believe that everyone does it, and that Trump is just better at it.

      That’s why if you point out something corrupt they point to someone else who the think did something corrupt, instead of saying both should be investigated and punished if actually guilty.

      • CharlesDarwin
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        4 hours ago

        Exactly: “Hunter Biden and his laptop! And Hunter sold art, can you even believe it? Hillary’s emails! Bill Clinton gets speaking fees, how is that even possible?”

        • artyom@piefed.social
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          4 hours ago

          Lol remember when Hillary’s emails was this years-long scandal? And we just rolled over Signalgate in a couple weeks.

        • LifeInMultipleChoice@lemmy.dbzer0.com
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          3 hours ago

          Yeah the problem I have with it is I can’t tell how many of them are just excusing peoples crimes because others commit crimes or excusing their crimes because they would do the same thing if they could, and point to others doing potentially other crimes as a “well anyone would do it” type of shit. ,

      • danc4498
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        7 hours ago

        They only trust the news that reports the things they want to hear.

        I think there’s others that think the things he does for the country are good. And they take the good with the bad. Like lowering taxes (even though mostly the rich benefitted from that). Or whatever the fuck DOGE claimed to do. Or brain worm measles you.