$MEGA
Trending UpSnapshot Window: 2026-07-23 10:30 UTC · ← Back to Crypto Overview
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
Trump extracted billions from the crypto space and then made it illegal for others to do the same
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AI visual note: The image is an official document from the U.S. Senate Banking Subcommittee on Digital Assets, chaired by Senator Cynthia Lummis, outlining ethics provisions of the "Digital Asset Market Clarity Act," which imposes ethics standards on presidents—including fines up to $250,000 per violation and up to 10% of remuneration for violations like issuing digital assets for personal gain. The document's emphasis on banning the President and their spouses from issuing or sponsoring digital assets for personal profit directly supports the post's claim that Trump profited from crypto while pushing legislation to prevent others from doing the same.