Reposted by Ginger B
But it’s not a movie. There is a real life Victor Maitland here, who does not give a damn about the stability of the banking system but loves being able to facilitate money laundering. His kids are also in on the action. www.reuters.com/investigatio...
Inside the Trump family’s global crypto cash machine
The U.S. president’s family raked in more than $800 million from sales of crypto assets in the first half of 2025 alone, a Reuters examination found. Much of that cash came from foreign sources.
www.reuters.com
December 7, 2025 at 2:32 PM
But it’s not a movie. There is a real life Victor Maitland here, who does not give a damn about the stability of the banking system but loves being able to facilitate money laundering. His kids are also in on the action. www.reuters.com/investigatio...
Reposted by Ginger B
IOW, rather than make stablecoins stable, the bill makes their inherent instability contagious, shifting their risk onto the larger banking system. It’s a direct wealth transfer from law abiding Americans to criminals.
December 7, 2025 at 2:23 PM
IOW, rather than make stablecoins stable, the bill makes their inherent instability contagious, shifting their risk onto the larger banking system. It’s a direct wealth transfer from law abiding Americans to criminals.