#oval-office
3 entries with this tag
Trump Bragged from the Oval Office That He Dropped Crypto Investigations — "You're Lucky I'm President!" — While His Financial Disclosure Shows He Made $1.4 Billion from Crypto, His Memecoin Lost Investors $3.8 Billion, He Pardoned the Binance Founder Who Pleaded Guilty to Money Laundering, and His SEC Chair Dropped Cases Against Companies That Donated to His Inauguration
President Trump told cryptocurrency figures from the Oval Office: "Every time I see a crypto guy where they dropped an investigation, I said, 'You're lucky I'm president!'" His 2025 financial disclosure, filed days earlier, shows he made $1.4 billion from crypto — $636 million from the $TRUMP memecoin and nearly $800 million from World Liberty Financial, a venture he co-founded with his sons. Meanwhile, nearly one million investors who bought the $TRUMP memecoin lost a combined $3.81 billion as the token crashed 97% from its peak. Trump profited whether the price went up or down — he collected returns whenever anyone traded the tokens, which he promoted on Truth Social. His SEC chair Paul Atkins — who holds $6 million in personal crypto assets — dropped or dismissed at least a dozen crypto enforcement cases, including meritorious litigation against Binance, Coinbase, and Kraken. Crypto-related enforcement fell 60%. Trump pardoned Changpeng Zhao, the Binance founder who pleaded guilty to money laundering in 2023. Binance then deployed engineers to build World Liberty Financial's stablecoin and holds 86% of all USD1 tokens. Companies whose cases were dropped — Coinbase, Kraken, Ripple, Robinhood, Crypto.com — had each donated at least $1 million to Trump's inauguration. At the 2025 memecoin gala dinner, 19 of the top 25 holders were likely foreign nationals. Justin Sun, a Chinese billionaire facing SEC fraud charges that were paused by the Trump administration, held the top spot. Freight Technologies bought $20 million in tokens explicitly to "advocate for fair trade." Rep. Greg Casar: "The Trump family has made over $5 BILLION in corrupt crypto deals. Now Trump is openly bragging that his government won't investigate cryptocurrency-related crimes. Corruption, plain and simple." Senator Gillibrand proposed banning elected officials from issuing memecoins. The president of the United States stood in the Oval Office and boasted about dropping investigations into the industry that made him a billionaire.
"Our Pool Is Bigger Than Skyscrapers": Trump Holds Up Chart Comparing a Flat Pool to Tall Buildings While Iran Ceasefire Collapses
In his first public appearance in a week — while ceasefire talks with Iran collapse and the House votes to end his war — Trump held up a chart in the Oval Office titled "Our Pool is Bigger than Skyscrapers" comparing the 2,030-foot length of the Lincoln Memorial Reflecting Pool to the heights of the Willis Tower, the Empire State Building, and One World Trade Center. He told reporters: "If you lay it on its side, it would take two or three of them to fill it in." The White House social media account captioned the post "mogged" — internet slang from looksmaxxing culture. He showed the same chart before. The pool renovation cost $6.9 million. The war costs billions.
"I'll Pardon Everyone Who Has Come Within 200 Feet of the Oval"
Per the Wall Street Journal, Trump has repeatedly promised blanket preemptive pardons to his administration before leaving office — "everyone who has come within 200 feet of the Oval." Earlier he said 10 feet. The radius is expanding. White House: "Learn to take a joke; the President's pardon power is absolute."