The Growing Scandal of $TRUMP

Ezra Klein interviews Zeke Faux about the Trump family's involvement in cryptocurrency. They discuss Trump's initial skepticism towards crypto, his later embrace of NFTs and meme coins, and the launch of World Liberty Financial, a crypto venture involving his sons. Faux details the controversial figures behind World Liberty and the potential conflicts of interest arising from foreign investments, particularly Justin Sun's purchase of World Liberty tokens while under SEC investigation. The conversation explores the ethical implications of Trump's crypto activities, including the creation of a stablecoin, USD1, and a meme coin, and the potential for these ventures to be used for political influence and financial gain. The discussion concludes with the observation that the Trump family has made an estimated $700 million from crypto ventures, highlighting the scale of their involvement and the potential for corruption.