Trump has officially pulled Brian Quintenz’s CFTC Chair nomination after he refused to be the Winklevoss twins’ bulldog.
“They completely nuked him. They made a phone call. They were like, ‘This is not going to fly with us.’ And it was a very short trip from there to [the nomination] being killed.”
The team behind Trump’s memecoin is considering launching a $TRUMP treasury company. If it happens, it would likely mark a second Trump-linked token/treasury company operation riddled with conflicts of interest, where the same people sit on both sides of the deal.
Trump stands to profit even more if his business partner, Zach Witkoff, achieves his dreams of soliciting investments in Trump real estate properties using crypto. He pitches it as a win for the everyman, leaving out that it would be a much bigger win for Trump’s wallet.
Last issue, I wrote about how the Emirati firm that handed Trump and his family nine-figure crypto profits scored a huge win with an AI chip deal. Now they’re getting 15% of TikTok, too.
Newsletter: Trump is still corrupt, a core developer warns bitcoin won’t survive an upcoming code change, and crypto lenders are ratcheting up leverage like it’s 2022.
Trump has officially pulled Brian Quintenz’s CFTC Chair nomination after he refused to be the Winklevoss twins’ bulldog.“They completely nuked him. They made a phone call. They were like, ‘This is not going to fly with us.’ And it was a very short trip from there to [the nomination] being killed.”