#BecauseMiami: Corrupt on its Face

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The Dan Le Batard Show 47 min 5 speakers 6 chapters transcribed
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What are the potential bribery scandals involving the Trump family and crypto?

Billy 1:01
A fund from the UAE is buying 2 billion dollars worth of a digital coin created by the Trump-owned platform World Liberty Financial. The president is listed as its chief crypto advocate along with his sons. The company called it, quote, the single largest ever investment in a crypto company, but did not respond to questions about how much the Trump family would profit from it. Das ist korrupt auf dem Gesicht, aber es ist wahrscheinlich illegal. Du musst wahrscheinlich nicht sehr tief schrecken, um einen Fall zu finden, wo der Präsident eine enorme Infusion von Geld zu seiner Krypto-Coin von einem CEO oder einem Außenoligarchen erholt hat, der dann von Donald Trump eine Verfügung stellt. Ein Präsident der Vereinigten Staaten,
Billy 1:49
Es sind fast vier Jahre her, seit der Eröffnung von MiamiCoin.

Is MiamiCoin a legitimate investment or a scam?

Billy 2:14
You may remember that we were the first people to tell you that Miami Mayor Francis Suarez was pumping and probably dumping This shitcoin that had no useful application. It was barely even an unregistered security. It was just an absolute meme coin trash. And it seemed abundantly clear from the jump. The thing about crypto, and as it turns out, a constitutional republic, is that it's like Tinkerbell. We all just have to believe in it. And as long as we keep believing in it, it will continue to exist. Here's the thing. We didn't know what the hell this Miami coin thing was for. Was it some sort of money laundering scheme? Was it a pump and dump? Was it some way to funnel money to the mayor or city commissioners? Because the city itself was getting a vig off the trades. And in fact, the city did profit. So not a penny? Not a penny. Thank God the current president in his infinite wisdom stopped making the penny. I don't think we still make a .0000621% of a penny. It's...
Billy 3:42
My point is, as it always is, the Miami of today is the America of tomorrow. And what we now have was abundantly clear scheme and a scam down here in Miami is now in the White House. You heard Connecticut Senator Chris Murphy talking about this being one of the biggest problems. Kind of instrument as well. Then we just saw this story about a two million dollar investment from a foreign nation, from Abu Dhabi into the president and his son's private business. We saw a raffle. Ich glaube, dieses seltsame, semi-legale Raffel, um ein Abendessen oder so etwas im White House mit dem Präsidenten zu gewinnen. Wie beginnt man, das zu erklären, was hier los ist?

How is Trump leveraging cryptocurrency for personal gain?

Molly White 4:56
Trump nutzt die Kryptowährung wirklich, um sich zu entwickeln. Er hat keine Grenzen gefunden, wie er für sich selbst Geld auslösen kann, nicht nur für seine Kampagne. Er nutzt den Meme-Coin, er nutzt eine Venture, die World Liberty Financial heißt, von der er viel Geld verdient. Seine Trump-Media-Familie, die Truth Social betreibt, geht auch in Kryptowährungen. Er hat NFTs. Ich meine, die Liste geht jetzt wirklich weiter. Und er hat sich als Präsident sehr direkt für Kryptowährungen eingeladen. Wir haben das durch diesen neuen Abend gesehen, den er beantragt hat, wo die Top-Händler der Trump-Meme-Coin zu einem privaten Abend mit dem Präsidenten eingeladen werden. I just did some analysis on those holders.

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