this post was submitted on 13 Aug 2026
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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

Do you hear the people sing? Singing the song of angry men.

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[–] homesweethomeMrL@lemmy.world 106 points 6 days ago (3 children)

I mean . . . Yeah. We know. We’ve been watching it happen every goddamned day.

Thanks for the reminder Guardian. Maybe you could name and shame a little more? It’s not happening magically. People with names and institutions are doing this corruption, so. Map it out. kthx.

[–] Whostosay@sh.itjust.works 31 points 6 days ago (8 children)

What the hell should they do?? Investigate and do journalism???

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[–] BigMacHole@thelemmy.club 30 points 5 days ago (2 children)

But he DOESNT take a Salary!

-Free Thinking NOT GULLIBLE Republicans!

[–] Cosmonauticus@lemmy.world 8 points 5 days ago (1 children)

Just call them fucking stupid at this point. If you voted for a conman TWICE you're a fucking idiot

A lot went three times.

[–] ThunderComplex@lemmy.today 5 points 5 days ago

I mean it’s technically not a salary if you steal money.

[–] ShaggySnacks@lemmy.myserv.one 14 points 5 days ago (3 children)

There is no need to stress. The next Democratic President will issue blanket pardons, will no do investigations, or Presidential Commissions, or anything that sort.

The Epstein Class always protects each other.

[–] InputZero@lemmy.world 7 points 5 days ago* (last edited 5 days ago) (2 children)

"Now is the time for unity, and to forgive our neighbors" Says every Democrat after a Republican president.

"The Democrats are all antifa-terrorists and should be rounded up into a camp." Says every Republican after a Democratic president.

[–] technocrit@lemmy.dbzer0.com 2 points 4 days ago

“The ~~Democrats~~ extreme left are all antifa-terrorists and should be rounded up into a camp.” Says every ~~Republican after a~~ Democratic president.

Also this.

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[–] technocrit@lemmy.dbzer0.com 2 points 4 days ago* (last edited 4 days ago)

Politicians have been doing the exact same thing as the pedoprez for the history of USA and they will continue to do so regardless of "party" branding.

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[–] dudeface@lemmy.world 36 points 6 days ago (7 children)

How do any remaining supporters justify this?

[–] bunnybunny@lemmy.zip 37 points 6 days ago (1 children)

They don’t, they will just scream ‘fake news!’

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[–] LifeInMultipleChoice@lemmy.dbzer0.com 31 points 6 days ago (1 children)

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@lemmy.world 8 points 6 days ago (2 children)

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 17 points 6 days ago (2 children)

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

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[–] jaaake@lemmy.world 17 points 6 days ago (1 children)

"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 12 points 6 days ago

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

[–] prole@lemmy.blahaj.zone 7 points 6 days ago

They don't have to.

They'll never hear about it, and will tell you it's fake when you show them

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[–] inmate_p01135809@lemmy.world 13 points 5 days ago (3 children)

He has set the precedent that presidents and their families can not only continue to run businesses while in office, but make governing decisions that lead to profit for those businesses. Oh, and getting payments for advertisements from the Resolute desk, and putting up paid advertisements on government property. Oh, and punish federal funding to states, companies, Universities, etc. for not following his executive orders, which are not laws, but are being treated as such.

The only way to remedy this, I figure, is to have a democrat in office do every. single. thing. he is doing in office, until each thing has a law created by the other branches of government to make it illegal going forward.

[–] UnderpantsWeevil@lemmy.world 9 points 5 days ago* (last edited 5 days ago) (10 children)

The only way to remedy this, I figure, is to have a democrat in office do every. single. thing. he is doing in office

If you think Ritchie Torres, Elissa Slotkin, and Pete Buttigieg are going to save the county, you're going to be very disappointed.

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[–] Cheebus@lemmy.world 11 points 5 days ago (2 children)

As far as I can tell republicans chose this life for all of us because they were upset that:

They had to wear a mask during covid. Gay people are allowed to be happy. Obama wore a tan suit that one time. Buttery emails.

So now we all get to live shit hole life’s because the crabs at the bottom of the bucket decided to yank everyone down with them and install a king.

If you vote republican, fuck you, genuinely.

[–] BCsven@lemmy.ca 2 points 4 days ago (5 children)

You forgot

  • They want to have sex with kids
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[–] Olhonestjim@lemmy.world 13 points 5 days ago (1 children)

All that money and still an utterly worthless man.

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[–] CharlesDarwin@lemmy.world 26 points 6 days ago (4 children)

I so want him and all of his family thrown into prison. It is all so brazenly corrupt.

[–] Insekticus@aussie.zone 13 points 6 days ago (1 children)

Don't forget to take every last cent the family has. Literally leave them with nothing as punishment.

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Likewise some analysts are troubled by how Trump has circumvented the constitution’s prohibition on foreign emoluments by accepting a $400m plane as a gift from Qatar, and how other wealthy foreigners have backed some Trump family hotel and golf deals abroad.

Doesn't the constitution ban all emoluments?

Or is this just saying that the other reps are only outraged by accepting foreign bribes, because they all accept domestic bribes..

[–] moldy_rice@piefed.keyboardvagabond.com 12 points 5 days ago* (last edited 5 days ago) (1 children)

an “unprecedented” $2.2bn in 2025 revenues by...expanding his Truth Social business and more

What? How does that make money? Is he selling sugar pills that claim to make your penis bigger or sth?

Edit:

Canter added that “Trump is increasingly dependent on the presidency to generate business profits since his media company has been losing money over the past several quarters.”

Trump Media & Technology, the company behind the Truth Social platform, on 10 August announced it lost a whopping $238m in the three months through June as it branched out into new businesses including crypto.

Oh, that sounds more correct

[–] Dnb@lemmy.dbzer0.com 12 points 5 days ago (1 children)

He's selling early access to his tweets for money laundering and stock manipulation

[–] dermanus@lemmy.ca 7 points 5 days ago

"You too can enjoy the same insider access as Barron Trump for the low, low price of $100,000 a month!"

[–] leadore@lemmy.world 22 points 6 days ago (1 children)

And that $2.2B is just what he reported on his taxes--i.e. the technically legal income.

[–] Madison420@lemmy.world 11 points 6 days ago

Well yes and also it doesn't include the money his family has made from deals made after he got office. It's on the order of 5bil+.

[–] BarneyPiccolo@lemmy.today 10 points 5 days ago

"But he doesn't even take a salary!" -MAGA Morons

[–] the_q@piefed.social 16 points 6 days ago (8 children)

We could end this in a few weeks if we acted. Everyone wants to hold on to what little they have instead of losing it for a better future.

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[–] SwissArmyKazoo@lemmy.world 1 points 4 days ago

Trump is practically wasting all of our net gain and allowance just to procrastinate our civic regulations, have our privacy dismantled in high oligarchy enforcements and postpone all climate vulnerability and forestation sedimental deployment just to pressure out incriminatingly virulent fuel sources to our atmosphere.

He's not governing, He's dictating!!!!!!!!!!

Actually outranked Hitler, Pinochet, and King Tarquin as the most inhumanely corrupt cretin ever put in leadership.

And yet his party of gutless and insecure terrorist grifters are not doing anything to contempt his crime streak.

GOP is officially pro corruption pro sectarianism and pro austerity

[–] lukaro@lemmy.zip 14 points 6 days ago (1 children)

Wishing tons of non viloent misfurtunes to happen to all republicans.

[–] AbsolutelyNotAVelociraptor@piefed.social 25 points 6 days ago (5 children)

I'm also wishing violent ones. After all, republicans are nazis, and the only good nazi is the dead nazi.

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[–] nonentity@sh.itjust.works 8 points 6 days ago (2 children)

Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.

Corporations are the only ‘persons’ which should be subjected to capital punishment, but trillionaires should be forced to transition into billionaires, and billionaires should be euthanised through taxation.

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[–] NocturnalMorning@lemmy.world 12 points 6 days ago

So glad we elected this guy again instead of putting him in prison...

[–] Suavevillain@lemmy.world 7 points 6 days ago

Just pure robbery in board daylight. Trump cultists don't care mind you these people were stuck on a laptop for like 5 years lmao.

[–] Jumi@lemmy.world 11 points 6 days ago

Many Americans seem to be fine with that, must be some kind of national kink.

[–] Zephyr@sh.itjust.works 2 points 4 days ago* (last edited 4 days ago)

Was anyone surprised. Dude had a track record of swindling for decades prior to his presidency.

[–] thethrilloftime69@feddit.online 8 points 6 days ago (5 children)

Trump is the most openly American president to ever live. The stuff he does in the open, were happening in secret for decades. The secret is out.

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[–] technocrit@lemmy.dbzer0.com 2 points 4 days ago* (last edited 4 days ago)

When people say that crypto has no use... they just sound ignorant, naive, etc.

[–] BenReilly23@lemmy.zip 4 points 5 days ago (1 children)

They're alarmed and yet nobody will do a damned thing to stop this crap . I'm so tired of this mess

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