John Oliver Dives Into Trump's Crypto Empire and the Push for Guardrails

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Source: Variety
John Oliver Dives Into Trump's Crypto Empire and the Push for Guardrails
Photo: Variety
TL;DR Summary

On Last Week Tonight, John Oliver exposes how Trump and his family have built a crypto-heavy portfolio around meme coins and World Liberty Financial, highlighting massive personal gains (over $2.2B in the first year back, with about $1.4B from crypto ventures) alongside billions in losses for ordinary investors, plus overseas deals and chip-arm collaborations; he argues these conflicts of interest demand stronger guardrails as crypto regulation shifts from the SEC to the CFTC under the CLARITY Act.

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