Trump’s DOJ will no longer prosecute most cryptocurrency fraud cases

Comments

• metaldream@sopuli.xyz ⁨1⁩ ⁨week⁩ ago

  Wow, I’m so shocked that an administration of thieves and grifters are helping other thieves and grifters.

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  • OriginalUsername7@lemmy.world ⁨1⁩ ⁨week⁩ ago

    I’m more surprised they didn’t try to corner the thieving and grifting market for their own.

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    • ZILtoid1991@lemmy.world ⁨1⁩ ⁨week⁩ ago

      Yet.

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    • naeap@sopuli.xyz ⁨1⁩ ⁨week⁩ ago

      They do

      But as it needs to go into their private pocket, they manipulate the market and already spare regulations, so they have a free go and cash in

      Wouldn’t help them, when the nation gets the many due to sane profit taxing and fraud investigations

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    • pdxfed@lemmy.world ⁨1⁩ ⁨week⁩ ago

      So you’re assuming that no one in Trump’s circle made any trades in advance of yesterday’s tariff pause cancellation? Do you know the exponential return you could get on a short-term option when the underlying moves 20% in a day?

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  • CosmicTurtle0@lemmy.dbzer0.com ⁨1⁩ ⁨week⁩ ago

    To a certain extent, honor among thieves typically only exists within their own group.

    The administration is setting things up so their grifters won’t get charged.

    If someone grifted them, the FBI would absolutely investigate them.

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  • technocrit@lemmy.dbzer0.com ⁨1⁩ ⁨week⁩ ago

    Welcome to capitalism. Always has been.

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• Dasnap@lemmy.world ⁨1⁩ ⁨week⁩ ago

  Well, we can’t have them investigating themselves now, can we?

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  • SeeMarkFly@lemmy.ml ⁨1⁩ ⁨week⁩ ago

    This action is BECAUSE they investigated themselves. Just plugging all the leaks now.

    Tomorrow is a better day…for them.

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    • CarbonatedPastaSauce@lemmy.world ⁨1⁩ ⁨week⁩ ago

      There are a lot of us working to make sure they don’t get better and better days. And the pressure is growing from all sides. They can’t operate with impunity forever, and they have awoken a sleeping giant with all these service cuts that their base actually depends on (even though they were too stupid to know it).

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• Asafum@feddit.nl ⁨1⁩ ⁨week⁩ ago

  If I recall correctly the Trump family has just gotten involved with a crypto exchange so… Yeah. Incoming Trump crime family fraud

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• overload@sopuli.xyz ⁨1⁩ ⁨week⁩ ago

  Sam Bankman Fried pardon incoming.

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  • RowRowRowYourBot@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

    No, he supported democrats too hard and he robbed rich people.

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    • technocrit@lemmy.dbzer0.com ⁨1⁩ ⁨week⁩ ago

      he supported democrats

      Yeah but not after the pardon he won’t.

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• unconsciousvoidling@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

  Trump is opening a crypto currency for taking bribes.

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• Pirata@lemm.ee ⁨1⁩ ⁨week⁩ ago

  “We audited ourselves and found the law should be changed.”

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• technocrit@lemmy.dbzer0.com ⁨1⁩ ⁨week⁩ ago

  You gotta remember capital controls the state, not vice versa.

  If capitalists can gain more power by converting to crypto and abandoning state currencies, they’ll do it.

  This is why crypto keeps going.

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• kameecoding@lemmy.world ⁨1⁩ ⁨week⁩ ago

  You mean after scamming people with their own coin the Trump clan decides it won’t be prosecuted? Who would have seen this coming?

  youtu.be/7EbV7kyiKZA

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• primemagnus@lemmy.ca ⁨1⁩ ⁨week⁩ ago

  At this point it’s just a free for all over there. Insane.

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• daggermoon@lemmy.world ⁨6⁩ ⁨days⁩ ago

  So, business as usual then?

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• reksas@sopuli.xyz ⁨1⁩ ⁨week⁩ ago

  at some point rule of law will break down completely

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  • CarbonatedPastaSauce@lemmy.world ⁨1⁩ ⁨week⁩ ago

    We’ve got a ways to go yet but it’s certainly been set in motion.

    The 5 million people protesting last week (including me) gives me hope. And I have had one friend tell me he wants to join me next time, and he’s the last person I would ever think would protest.

    There’s momentum growing on the good side, too. Don’t give up hope yet.

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    • reksas@sopuli.xyz ⁨1⁩ ⁨week⁩ ago

      there is no going back to the old because it was the old system that allowed this to happen. I hope you manage to take back your country and rebuild it, but first the rot has to be razed completely or same thing will happen again later even worse.

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    • Kyouki@lemmy.world ⁨1⁩ ⁨week⁩ ago

      What’s a hypothetical situation you can describe that may occur? That stops or limits this

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• KingThrillgore@lemmy.ml ⁨1⁩ ⁨week⁩ ago

  So the legislative, executive, and the judicial is in cahoots. The Constitution is dead, and there’s no longer any moral or legal basis for the states to remain in the union

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• RowRowRowYourBot@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

  Should the DOJ get involved in your unregulated financial market? Is anyone buying crypto thinking they are getting a real financial product?

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  • technocrit@lemmy.dbzer0.com ⁨1⁩ ⁨week⁩ ago

    What is a “real financial product”? smh.

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    • RowRowRowYourBot@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

      A real financial product would be something like a mutual fund. These things are regulated and are typically fairly transparent in terms of how they work.

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• Deathray5@lemmynsfw.com ⁨1⁩ ⁨week⁩ ago

  Dishonour among thieves

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• beejboytyson@lemmy.world ⁨1⁩ ⁨week⁩ ago

  Isn’t elon one of the bit coin bros?

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  • db2@lemmy.world ⁨1⁩ ⁨week⁩ ago

    Bitcoin is basically the only one that isn’t totally fraudulent, though they’ve seemingly found ways to manipulate it.

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