The former UK Foreign Minister Rorrei Stewart said today that the Trump currency allows the campaign’s contributions without the required financial disclosures.
Stewart discussed the topic on Podcast participated in hosting, condemning Trump’s use of Mimi to achieve special gains as a form of “disgusting” corruption.
Is Trump’s Mimi currency a new form of influence?
In an episode of “The Rest Is Politics”, which was broadcast this morning, Stewart explained how Trump’s currency can be used to make contributions to the campaign, on the pretext that it is a new way for influential figures and prominent companies to influence Trump’s political decisions.
Stewart assumed that, as the United States’s encryption industry is still largely unorganized, Trump could receive these contributions without any financial accountability.
“He does not announce any of the money that comes, as he does not announce any of the revenues from which he comes out. But what is a great way to make contributions to the campaign,” Stewart said in the podcast.
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The most prominent special example appeared earlier this week. Javier Selgas, CEO of Freight Technologies Inc. revealed. In North America, for a $ 20 million investment in Trump Tokens.
Since the company is publicly listed, the stock exchange requires it to reveal how to spend its money.
“In his file in the Supreme Education Council, he says that this is a reasonable commercial decision because it is a supporter of commercial interests [his] Free Trade Agreement Company, “Steward added.
The official press statement of the company confirms these intentions. Stewart offer other cases indicating that President Trump is using Mimi currencies to encourage others to curb his interest.
Fears about financial gains and political good
At one point in podcast, Stewart expressed surprise at how the US President benefited from his encrypted projects to achieve political and financial gains.
He said: “Trump’s corruption goes beyond imagination. It is so amazing that we can hardly keep up with it,” adding, “It is incredibly clear – and it is mainly a transfer to Donald Trump’s bank account from any foreign figure [or] The businessman in the world, and we can already see that when you perform these transportation operations, court cases disappear, [and] Contracts are given.
Stewart implicitly referred to encryption companies such as Coinbase and Ripple, which donated millions to the Trump presidential campaign before the 2024 elections. The public citizen previously stated that all of nearly $ 50 million in financing campaigns.
In March, SEC dropped civil suits against Coinbase and Ripple. The news immediately sparked eyebrows about the concerns of interest.
Stewart referred to the ability to push millions for a private dinner with Trump. He stressed that this could be a way to buy access and influence.
Mar-A-Lago’s arrival to high donors
Last March, reports indicating that business leaders can secure an individual meeting with President in Mar Lago for a large fee.
“You can give him direct money, or you can pay, apparently, between one million and 5 million dollars for dinner in Mar Lago or a meeting with him,” Stewart said in the podcast.
This opportunity closely reflects the Trump’s latest coin, which offers an exclusive dinner with the president for the best Trump holders.
According to the official rules, buyers at the best 220 holders of the Trump code should be by May 22 to qualify for dinner. The 25 best pregnant women will get a White House tour.
Does the current system regulate the encryption in politics adequate?
Last week, in an exclusive interview with Beincrypto, Richard Derner, the former White House ethical lawyer, said that the current MEME Coin projects in Trump do not break the law.
Since the MEME currencies are not considered securities under the Securities and Stock Exchange, Trump does not constitute violations of federal securities.
According to Dainter, the assumption that Trump does not take bribes, the Meme Coin dinner does not violate the items of constitutional rewards. However, he warned that if dinner does not happen, Trump may face charges of fraud from state lawyers or individuals.
In today’s interview, Stewart added that during his time in office, Trump has suspended a series of laws that only intensified the current concerns about conflict of interest.
“The protection created by the United States to try to deal with this, of course, the laws of Trump. There are laws of foreign agents, which were about trying to prevent Russian agents or Cuban agents who pay American politicians – were suspended by Trump.
Stewart comments show the increasing need for clarity regarding the use of digital assets in political activities, especially coins.
Disintegration
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