this post was submitted on 13 Aug 2026
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Donald Trump’s use of his second presidency to grow his personal fortune has alarmed legal and ethics experts and congressional Democrats as he has reaped an “unprecedented” $2.2bn in 2025 revenues by amassing big cryptocurrency holdings, benefiting from wealthy foreign interests, expanding his Truth Social business and more, while federal oversight of his actions has waned.

Trump last year raked in at least $1.4bn from his crypto ventures according to financial disclosure forms he filed in June. Simultaneously, about one million investors in a Trump crypto scheme suffered almost $3.8bn in losses as their volatile crypto holdings tanked in value.

Monetizing his presidency further this summer, Trump’s Truth Social media business is pushing a new scheme that offers wealthy buyers special early access to his posts for a fee of $100,000 a month, which top Democrats and public interest groups say pose serious conflict of interest and corruption issues.

This is some of why at least some Americans probably wish the Iran plot succeeded

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[–] nonentity@sh.itjust.works 2 points 1 hour ago

Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.

Corporations are the only ‘persons’ which should be subjected to capital punishment, but trillionaires should be forced to transition into billionaires, and billionaires should be euthanised through taxation.

[–] jaykrown@lemmy.world 2 points 2 hours ago

Wealth is meaningless when everyone hates you.

[–] Leather@lemmy.world 1 points 3 hours ago (1 children)

We're going to do corruption like no one has ever seen before! It's going to be huge, so big... Beautiful, the corruption. Has anyone seen how beautiful my daughter, she isn't at all, God she's hot. No corruption there? Am I right? We're going to do corruption like the Democrats never could, there too weak. Medical people, you know we have the best, and the smartest, they all tell me I could be a doctor too, I'm so smart. Like Ivanka, and her soft thighs. A doctor like no other! One, not unlike Jesus, a man who I'm sure would also find Ivankas breasts lovely and full... and endorse, your favorite president for doctor. I have to talk to Harvard about making me one. Right?

[–] NOMOREBSAMERICA2@mastodon.social -4 points 3 hours ago

@Leather @Sunflier 💵President Trump Lost Wealth In Office Overall
No grifting, corruption, or any wrongdoing involved. Second-term gains & all other gains are legal. Dems the party of corruption, have abused taxpayers for trillions. Pres. Trump saves us trillions+, gives the average U.S. household thousands back yearly. Trump was the first to audit FOR fraud, waste, abuse, & corruption. He sacrifices his literal all for us https://breakingnewsapp.net/article.php?1=jdie https://breakingnewsapp.net/article.php?1=jced

[–] MrShankles@lemmy.world 4 points 6 hours ago

Alarmed‽ tf you mean "alarmed", it's openly criminal. Nobody's fucking surprised by this

[–] pineapplelover@lemmy.dbzer0.com 2 points 5 hours ago

My parents believe that it's because he's smart or something so he's not convicted for anything because if he did something wrong then "why wouldn't anybody convict him by now"

[–] thethrilloftime69@feddit.online 7 points 8 hours ago (2 children)

Trump is the most openly American president to ever live. The stuff he does in the open, were happening in secret for decades. The secret is out.

An interesting point. Has he invented new forms of corruption for government officials, or is he just bad at hiding it?

[–] 100_kg_90_de_belin@feddit.it 1 points 2 hours ago

Something something peanut farm.

[–] the_q@piefed.social 14 points 12 hours ago (2 children)

We could end this in a few weeks if we acted. Everyone wants to hold on to what little they have instead of losing it for a better future.

[–] DuncanTheDrunk@lemmy.world 3 points 4 hours ago

I believe part of the issue is that in addition to the regulatory system being captured, the media has been as well. Sure there are some late night shows poking fun, but major news networks are being bought up one after another.

It's difficult to organize when half the news pretends this is normal and the other half openly celebrates this degradation of our systems. Unfortunately I fear things will get worse before they get better.

[–] thethrilloftime69@feddit.online 4 points 8 hours ago (3 children)

People will die. People have kids they need to raise. People have parents they need to take care of. If we burn the system down, all that is over. Your hopes of a good life in your lifetime end with revolution. You basically have to sacrifice an entire generation to burn this system down. Maybe we'll get there soon, but people are still hoping to make it to the other side in one piece.

[–] green_link@lemmy.world 3 points 5 hours ago

we sacrificed an entire generation stopping nazis before. we can do it again. they didn't sacrifice their lives for the rest of us years later to let these fascists rise up again. if they were still here, they'd be standing right up front, ready to do it again.

[–] ViceroTempus@lemmy.world 1 points 4 hours ago

You're not wrong in a lot of ways, however that just means we're kicking the can down the road, and allowing the atrocities going on in our backyards to continue.

Feels irresponsible and lacks empathy to me.

[–] BenLeMan@lemmy.world 3 points 6 hours ago

Yeah, let's make our kids figure this out. It's not like they'll be kind of busy dealing with global warming and all those other nice challenges we've left them.

[–] homesweethomeMrL@lemmy.world 83 points 17 hours ago (2 children)

I mean . . . Yeah. We know. We’ve been watching it happen every goddamned day.

Thanks for the reminder Guardian. Maybe you could name and shame a little more? It’s not happening magically. People with names and institutions are doing this corruption, so. Map it out. kthx.

[–] ieGod@lemmy.zip 2 points 1 hour ago* (last edited 1 hour ago)

Blows my mind that Americans are still expecting others to help them out of this. The responsibility rests solely in the people's hands. Journalists have and are doing plenty. You don't need more, yet you demand it.

[–] Whostosay@sh.itjust.works 22 points 14 hours ago (1 children)

What the hell should they do?? Investigate and do journalism???

[–] homesweethomeMrL@lemmy.world 4 points 13 hours ago (1 children)

I’m a rebel, Dottie. A loner.

[–] fartographer@lemmy.world 1 points 4 hours ago

I don't make monkeys, I train them

[–] CharlesDarwin@lemmy.world 21 points 14 hours ago (2 children)

I so want him and all of his family thrown into prison. It is all so brazenly corrupt.

[–] Insekticus@aussie.zone 10 points 13 hours ago (1 children)

Don't forget to take every last cent the family has. Literally leave them with nothing as punishment.

[–] CharlesDarwin@lemmy.world 4 points 10 hours ago

Agreed. Because they are not likely to serve full sentences; they should have to come out and live as paupers.

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[–] NocturnalMorning@lemmy.world 10 points 13 hours ago

So glad we elected this guy again instead of putting him in prison...

[–] Jumi@lemmy.world 10 points 14 hours ago

Many Americans seem to be fine with that, must be some kind of national kink.

[–] leadore@lemmy.world 17 points 15 hours ago (1 children)

And that $2.2B is just what he reported on his taxes--i.e. the technically legal income.

[–] Madison420@lemmy.world 8 points 13 hours ago

Well yes and also it doesn't include the money his family has made from deals made after he got office. It's on the order of 5bil+.

[–] dudeface@lemmy.world 31 points 17 hours ago (6 children)

How do any remaining supporters justify this?

[–] prole@lemmy.blahaj.zone 5 points 10 hours ago

They don't have to.

They'll never hear about it, and will tell you it's fake when you show them

[–] jaaake@lemmy.world 14 points 14 hours ago (1 children)

"Look at what a good businessman he is!"

"If it was actually illegal, he'd be in prison!"

"He's so savvy to not pay for things when payment is due. Why would you pay if you didn't have to?"

"He's made more money while president than any other president because he's the first non-politician president."

[–] Malyca@lemmy.zip 8 points 13 hours ago

My personal favorite: "he donates his salary, that proves he isn't in it to make money. That's why we elected him!"

[–] LifeInMultipleChoice@lemmy.dbzer0.com 25 points 17 hours ago (1 children)

They believe that everyone does it, and that Trump is just better at it.

That's why if you point out something corrupt they point to someone else who the think did something corrupt, instead of saying both should be investigated and punished if actually guilty.

[–] CharlesDarwin@lemmy.world 6 points 14 hours ago (2 children)

Exactly: "Hunter Biden and his laptop! And Hunter sold art, can you even believe it? Hillary's emails! Bill Clinton gets speaking fees, how is that even possible?"

[–] artyom@piefed.social 10 points 14 hours ago (2 children)

Lol remember when Hillary's emails was this years-long scandal? And we just rolled over Signalgate in a couple weeks.

[–] prole@lemmy.blahaj.zone 1 points 9 hours ago

The double standard is criminal

[–] CharlesDarwin@lemmy.world 1 points 10 hours ago

Was it even weeks? Also, how many magaferbrainz even know about Signalgate, I wonder?

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[–] bunnybunny@lemmy.zip 29 points 17 hours ago (1 children)

They don’t, they will just scream ‘fake news!’

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[–] superglue@lemmy.dbzer0.com 4 points 14 hours ago

The response you will get is "This is nothing new! Bill Clinton was worse..."

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[–] Raiderkev@lemmy.world 5 points 13 hours ago

Second only to whoever ran the country from 2016-2020

[–] lukaro@lemmy.zip 12 points 17 hours ago (1 children)

Wishing tons of non viloent misfurtunes to happen to all republicans.

[–] AbsolutelyNotAVelociraptor@piefed.social 24 points 16 hours ago (5 children)

I'm also wishing violent ones. After all, republicans are nazis, and the only good nazi is the dead nazi.

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[–] Diddlydee@feddit.uk 6 points 15 hours ago (1 children)

Early access for 100k? Fuck me sideways. Some twats will do it.

[–] RainbowBlite@piefed.ca 5 points 15 hours ago (1 children)

They do it and then cash in on Polymarket bets based on advance knowledge.

[–] Grannymcgrannypants 8 points 14 hours ago* (last edited 14 hours ago)

It's crazy that Martha Stewart went to prison for insider trading, and now the president is selling it.

[–] altphoto@lemmy.today 3 points 14 hours ago

Like my dad's retirement, he'll enjoy nothing of it.

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