Crypto News: Trump's "Who?" and ETF Delays... What's the Deal?

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Trump's "I Don't Know Him!" Crypto Pardon: Either He's Lying or He's Clueless, and Neither Is Good

Okay, so Trump pardoned some crypto dude, Changpeng Zhao – CZ, whatever. Then he goes on TV and says, "I don't know who he is." Give me a break. Either he's lying through his teeth, which wouldn't exactly be a shocker, or he's signing off on pardons for people he knows nothing about. Which is somehow worse. According to reports, 'I don't know who he is,' says Trump after pardoning crypto tycoon.

The "Witch Hunt" Defense

Trump claims he was told Zhao was a victim of a "witch hunt" by Biden. Right, because that's how justice works now. Some random guy whispers in your ear, and BAM, pardon! No due process, no actual investigation into the facts. Just pure, unadulterated political BS. And offcourse, his press secretary parrots the same line about a "war on cryptocurrency." Seriously? A war? Last time I checked, wars involved actual casualties, not just billionaires whining about regulations.

It's like saying my neighbor's aggressive HOA is waging a "war on poorly mowed lawns." It's a ridiculous exaggeration.

But here’s the thing that really fries my circuits: even if Biden's administration was being overly aggressive, does that automatically make CZ innocent? No. He pleaded guilty to enabling money laundering! You know, the thing that funds terrorism and drug cartels. But hey, who cares about national security when there's crypto money to be made, right?

The Crypto Connection

And let's not forget the convenient connections between Trump and the crypto world. His sons are apparently involved with Dominari Holdings, a digital-currency project based in Trump Tower that partnered with CZ's companies. Hmmm, coincidence? I think not. It's the swamp, folks, just a different breed of mosquito.

Crypto News: Trump's

It all stinks of a quid pro quo, a back-scratching deal where everyone benefits except, you know, the average citizen who has to deal with the consequences of unchecked financial crime. Makes you wonder what kind of skeletons Trump's hiding in his own crypto closet.

Speaking of closets, did you see what happened with those crypto ETFs? The SEC was supposed to make a decision in October, but then the government shut down. Now they're trying to sneak them through using some loophole that doesn’t require SEC approval. I swear, it feels like everyone's just making it up as they go along. Crypto ETFs: November Could Be the New October for U.S. After Shutdown Delays SEC Decisions.

The Bigger Picture

Trump also said the US needs to be a leader in crypto to avoid China gaining an advantage. Because that’s what matters, apparently. Not protecting consumers, not preventing money laundering, but winning some imaginary tech race against China. It’s all just so… exhausting.

We gotta be number one! We gotta win! Even if it means turning a blind eye to criminal activity and letting billionaires run wild.

Wait, am I being too harsh? Am I just turning into one of those grumpy old men yelling at clouds? Maybe. But when I see this kind of blatant corruption and hypocrisy, it makes my blood boil.

So, What's the Real Story?

This whole thing is a joke. A sick, twisted joke where the punchline is always the same: the rich get richer, the powerful get more powerful, and the rest of us get screwed.

Tags: crypto news

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