Donald Trump openly sells access to those who put him more effective in his pocket

Washington – President Donald Trump is making his efforts to use his office for personal enrichment, the very definition of corruption, to the new levels on Thursday night, selling time for those who put money in their bank account buying almost $ 200 million in their brand crypto coins.

And although Trump will know who has separated from all that cash for the opportunity to spend a few hours to bend his ear, Americans will not, unless they can somehow match real names with nicknames such as “Meco”, “Case,” Gant “and” Rekt “.

These four people or organizations, identified only by their user names and cryptographic “wallet” addresses, collectively owned 2.7 million Trump currencies, with a total of a total of $ 38.3 million on Wednesday, according to the price of $ 14 per currency that day.

“Access is being auctioned,” Connecticut Democratic Senator Richard Blucenthal said Thursday. “It’s corrupt and it’s out there for everyone to see it.”

Heather Cox Richardson, Boston College historian, said Trump’s open corruption is not precedents in the history of the United States. “Interestingly, the true financial corruption in an administration is around the president, not generally the president,” he said.

A White House official, who speaks under anonymity, said that the cryptography currencies business “has nothing to do with the White House.”

Anna Kelly, White House Press Secretary, denied Trump doing something wrong and, instead, he attacked the media for correctly informing about his two federal prosecutions, his criminal sentence for falsifying commercial records and the civil trial against his company for mass fraud. “President Trump only acts in the best interest of the American public, so he was re -elected overwhelmingly to this office, despite years of lies and false accusations against him and his businesses of false media,” he said.

Trump began selling his new chips three days before his inauguration. The currency, which has zero intrinsic value, rose at a price up to $ 75, allowing 58 early buyers to earn more than $ 10 million each before the currencies collapse in value. They were selling for about $ 8 each before Trump announced their contest at the end of April to grant a “gala” dinner in their Golf complex in Sterling, Virginia, the 220 Trump coins buyers, based on how much they kept on average from January 17 to May 15. The 25 main coins holders would also be invited to a “VIP” reception with Trump before dinner and then one tour the next day. The contest website had originally promised a white house tour, but subsequently changed the page to eliminate the reference of the White House.

Mark Humphrey / News

According to a “classification table” maintained by Gettrumpmemes.com, the company that manages the sales of coins, the 220 holders of winning currencies in total owned 13.8 million currencies at the end of May 15 of the contest, with a value of just over $ 192 million.

A little more than $ 20 million of that total was celebrated by the largest head of the Trump currency, the cryptographic billionaire born in China Justin Sun, who is among the few winners of the contest whose identities are known because they have boasted publicly.

“Controlled to support @potus and grateful for the invitation of @gettrumpmemes to attend the gala dinner of President Trump as his main fan!” Sun wrote in a social media post on Wednesday. “As the main headline of $ Trump, I am excited to connect with everyone, speak cryptography and discuss the future of our industry.”

Sun last year bought $ 75 million cryptographic currencies issued by a different Trump business, World Liberty Financial. Not long after Trump resumed the White House, the stock exchange and values ​​commission asked a Federal Court to stop his two -year civil fraud against Sun and his businesses.

It is unknown and, from the public registry, unknowable what other coins buyers want from their meeting with Trump. A truck logistics company that is quoted in the stock market revealed in a presentation of the SEC that planned to buy up to $ 20 million in Trump Coin “to advocate for fair, balanced and free trade between Mexico and the United States.”

However, the company, Freight Technologies, said through a spokesman who is not attending dinner.

The Trump Meme currency is just a part of Trump’s open attempts to use his presidency for his personal benefit. While he did the same in his first term through his golf hotels and resorts, he has focused this time on his various cryptographic companies. In fact, his worldwide liberty financial broker announced just before Trump’s recent trip to the Middle East that a company backed by the State in the United Arab Emirates was using its “stable” currency for a transaction of $ 2 billion.

How precisely, Trump is winning these various schemes can never be known because, unlike all other president in recent times, he has refused to release his tax statements to the public.

A recent analysis of the Washington Post found that Trump and his partners in the Trump coins business earned $ 3 million in transaction rates since the contest was announced in April, and $ 43 million in rates and $ 312 million in coins sales since January 17, all despite the prohibition of the Constitution against the presidents that accept income that is not their salary.

Blumenthal sued Trump during his first term for violating the “emoluments” clause of the Constitution, citing the money he was receiving from foreign entities through his hotel. That demand was fired due to lack of position.

“That time, it was not as shameless as it has been with the cryptocurrency,” Blumenthal said during a telephone conference organized by the Watchdog group that is responsible for the United States. “Donald Trump obviously has nothing but despise for the Constitution.”

Trump’s lack of interest in complying with constitutional rules on external income and gifts, in fact, seems to have become an international joke.

On Wednesday, Trump defended his decision to accept a luxury Boeing 747 of $ 400 million of Qatar, attacking a journalist who asked him during a photo oval photos with the president of South Africa.

Cyril Ramaphosa, who came to the White House to win a commercial agreement, told Trump: “I regret not having a plane to give you.”

Trump replied: “I wish you did. I would take it.”