Donald Trump’s Crypto Venture Raises Legal Questions
In an unprecedented move, just before entering his second term in January, President Donald Trump, alongside his business associates, launched a new cryptocurrency called the $TRUMP coin. This memecoin swiftly amassed hundreds of millions in revenue, leaving many wondering about its legality and the remaining potential for profit.
The Indicator, a daily show, delves into the intricate relationship between President Trump and cryptocurrency. Initially, the show explores the origins and financial benefits of the Trump coin, particularly how Trump himself stands to gain. The broader legal implications of the crypto venture are also examined. Furthermore, the show offers insights into the world of Stablecoins—explaining their operational mechanisms, profitability, and primary beneficiaries.
The episodes from The Indicator were crafted by Cooper Katz McKim and Corey Bridges, with engineering by Harry Paul and Robert Rodriguez. Sierra Juarez handled the fact-checking duties, and Kate Concannon served as the editor. This specific episode of Planet Money was produced by James Sneed and edited by Emma Peaslee, with Alex Goldmark holding the position of executive producer for Planet Money.
Explore more from Planet Money: Facebook, Instagram, TikTok, or subscribe to our weekly Newsletter.
Tune in for free on these platforms: Apple Podcasts, Spotify, the NPR app, or anywhere you get your podcasts.
Support Planet Money and access bonus content by subscribing to Planet Money+ on Apple Podcasts or at plus.npr.org/planetmoney.
Music featured: NPR Source Audio – “Playing The Game,” “Gabrielle the Gerbil,” and “Stiletto Malfunction.”
Be First to Comment