Trump Family Trust Bought Coinbase and Other Crypto Stocks in Q1 — Here's Why That Raises Eyebrows
89d ago · 1 source
An ethics filing reveals that a trust linked to the Trump family purchased shares of Coinbase and other crypto-related stocks during the first quarter. The disclosure adds to ongoing scrutiny over potential conflicts of interest between the Trump administration's crypto-friendly policies and the family's personal financial investments.
WHY IT MATTERS
Imagine a referee in a basketball game who also has a bet on one of the teams — even if they call the game fairly, it looks bad. That's essentially the concern here. The Trump administration has been making rules and policies that affect the crypto industry, and now we learn the family trust was buying crypto-related stocks at the same time. Coinbase is the biggest crypto exchange in the U.S., so its stock price is heavily influenced by government regulation. When the people making the rules also have money riding on the outcome, it raises serious questions about fairness and trust — and could affect how future crypto laws get written.
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