Analyst Claims Trump Made 2 Billion on Crypto Schemes While Retail Investors Lost 4 Billion
"While Donald Trump has made $2.2 billion like on crypto schemes alone. 21,000 stock trades in the first year of his presidency alone that we know of and probably more with a lot of them happening during these key moments like right before Donald Trump paused his tariffs against the world and the market shot up. He created the dip then bought the dip."
About this episode
In this Midas Touch Network episode, the host delivers a detailed analysis alleging that Rupert Murdoch has coordinated a sophisticated media strategy across his properties—Fox News, Wall Street Journal, and New York Post—to shield President Trump from criminal scrutiny while appearing to criticize him. The commentator claims Murdoch ordered his outlets to describe Trump's financial dealings as merely "unseemly" rather than potentially criminal, while creating false equivalence with Hunter Biden's past business activities. The host presents specific allegations that Trump made $2.2 billion from cryptocurrency schemes while retail investors lost $4 billion, conducted 21,000 stock trades in his first year, and timed trades around tariff announcements to manipulate markets. He contrasts this with Hunter Biden's $50,000 monthly Burisma board position when Joe Biden was not in office, arguing the situations are incomparable. The episode analyzes opinion pieces from the Wall Street Journal and New York Post, along with television appearances by Treasury Secretary Bessent and Fox News analyst Brit Hume, to demonstrate what the host characterizes as a coordinated "protection racket." Throughout, the commentator argues that mainstream coverage is systematically downplaying potential securities fraud, wire fraud, market manipulation, and racketeering, framing serious criminal allegations as mere unseemly behavior that voters knowingly accepted when electing Trump.
Key takeaways
- Commentator alleges Trump made $2.2 billion from cryptocurrency schemes while one million crypto wallets lost $4 billion total.
- Host claims Trump conducted 21,000 stock trades in first year of presidency, timing them around tariff announcements to manipulate markets.
- Speaker accuses Rupert Murdoch of coordinating Fox News, Wall Street Journal, and New York Post to describe Trump's conduct as unseemly rather than criminal.
- Analysis argues Murdoch outlets are creating false equivalence between alleged billions in Trump dealings and Hunter Biden's $50,000 monthly Burisma position.
- Commentator notes foreign governments including Qatar, Pakistan, and UAE gave hundreds of millions to Trump crypto and other ventures.
- Treasury Secretary Bessent characterized Trump's crypto income as part of an innovation presidency on CBS, according to the episode.
- Fox News analyst Brit Hume stated there is no suggestion anything illegal is occurring with Trump's finances, calling the situation unseemly but not criminal.