# Trump Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Trump", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Samourai co-founder claims Biden-era lawfare in calling for Trump pardon

Keonne Rodriguez, co-founder of Samourai Wallet, is publicly requesting a pardon from President Donald Trump after pleading guilty to operating an unlicensed money transmitter and receiving a five-year sentence. Rodriguez claims his prosecution was "lawfare" by a "weaponized Biden DOJ" with no victims involved. His plea mirrors language used in successful pardon applications, such as those for Silk Road's Ross Ulbricht and former Binance CEO Changpeng Zhao. Rodriguez expressed hope that Trump, who previously stated he would "take a look" at the case, will view the prosecution as an anti-innovation, anti-American attack and grant him and co-founder William Hill a pardon.

cointelegraph12/19 19:48

Samourai co-founder claims Biden-era lawfare in calling for Trump pardon

cointelegraph12/19 19:48

The New York Times: Trump Is Pushing Cryptocurrency Toward a Capital Frenzy

Former President Donald Trump's pro-crypto policies have triggered a speculative boom in cryptocurrency markets, according to a New York Times analysis. Dubbed the "crypto treasury company summer," this surge saw over 250 public companies—many newly formed or pivoting from other sectors—borrow heavily to accumulate cryptocurrencies like Bitcoin and meme coins. Trump’s administration eased regulations, ended enforcement crackdowns, and promoted crypto adoption, with Trump himself launching a TRUMP meme coin. However, the market experienced a sharp crash in October, erasing billions in value and exposing high risks from leveraged trading. Companies linked to Trump’s family, including World Liberty Financial (associated with Eric Trump), faced severe downturns, with one firm’s stock dropping 85%. New products like tokenized stocks—digital versions of real-world assets—are also emerging, raising concerns among regulators about systemic financial risks. Critics, including former Treasury officials, warn that the blurring line between investing and gambling could threaten broader financial stability. Despite this, crypto advocates argue such innovations democratize high-risk, high-reward opportunities. The SEC is monitoring the situation but has also shown support for certain crypto initiatives under the new regulatory approach.

marsbit12/19 05:04

The New York Times: Trump Is Pushing Cryptocurrency Toward a Capital Frenzy

marsbit12/19 05:04

Trump lauds Chris Waller as ‘great’ after Fed chair interview, will pick within weeks

President Donald Trump praised Federal Reserve chair nominee Chris Waller as "great" and "fantastic," confirming he will announce his selection for the role within weeks. Waller, who has expressed crypto-friendly views, is among three or four candidates on the shortlist. According to prediction platform Polymarket, Waller currently has a 14% chance of selection, trailing crypto-supportive White House adviser Kevin Hassett (53%) and former Fed governor Kevin Warsh (28%). The crypto industry is closely monitoring the appointment due to the Fed's influence on interest rates, which significantly impact digital asset markets. Lower rates often drive investors toward higher-risk investments like cryptocurrencies.

cointelegraph12/19 02:12

Trump lauds Chris Waller as ‘great’ after Fed chair interview, will pick within weeks

cointelegraph12/19 02:12

Power × Crypto × Leverage: When the 'Trump Trade' Pushes the Crypto Market Toward Systemic Risk

"The 'Trump Trade' in cryptocurrency has catalyzed a surge of high-risk financial activity, pushing the crypto market toward systemic risk. Following regulatory easing and explicit support from former President Trump, over 250 public companies have adopted a 'crypto treasury' strategy, borrowing heavily to amass digital assets like Bitcoin. This leveraged speculation, coupled with new products like 10x leveraged futures on major exchanges, led to a massive flash crash in October, wiping out $19 billion in leveraged positions and causing widespread exchange outages. The article highlights the rise of 'Digital Asset Treasuries' (DATs)—often shell companies that pivot to hoarding crypto—which have announced plans to borrow over $20 billion. Many of these entities have ties to Trump’s family business, World Liberty Financial, blurring the lines between political influence and private profit. One DAT, ALT5 Sigma, saw an 85% stock plunge after a executive was convicted of money laundering. Simultaneously, firms like Plume and Kraken are advancing 'tokenization'—creating crypto tokens tied to real-world assets like stocks—raising concerns at the Federal Reserve about contagion risk to the traditional financial system. While crypto advocates frame this as innovation, former regulators warn that the blurring of speculation and investment, amplified by extreme leverage, echoes pre-crisis financial patterns. The SEC has expressed concern but, under Trump-appointed leadership, is also pursuing a supportive regulatory framework."

marsbit12/18 13:50

Power × Crypto × Leverage: When the 'Trump Trade' Pushes the Crypto Market Toward Systemic Risk

marsbit12/18 13:50

Trump's Crypto Craze: Who's Celebrating and Who's Paying the Price?

Former President Donald Trump's embrace of cryptocurrency has triggered a wave of speculative investments and regulatory shifts, creating both opportunities and significant risks. Dubbed the "Crypto Treasury Company Summer," this trend saw over 250 public companies, many with little experience, pivot to hoarding cryptocurrencies like Bitcoin and meme coins, often using heavy leverage. However, including firms linked to Trump’s associates and family—such as Anthony Scaramucci and Trump’s son Eric—suffered severe losses, with some stock prices plunging over 80% during a market crash in October. The crash exposed vulnerabilities: high leverage, volatile prices, and technical failures at major exchanges like Coinbase left investors stranded during a $19 billion liquidation event. Meanwhile, new products like tokenized stocks—promoted by startups like Plume and Kraken—aim to merge crypto with traditional finance but face regulatory uncertainty. Critics, including former Treasury officials, warn that the blurring of speculation and investment could threaten financial stability, while the SEC expresses concern but also openness to innovation under Trump’s pro-crypto policies.

比推12/18 13:43

Trump's Crypto Craze: Who's Celebrating and Who's Paying the Price?

比推12/18 13:43

The New York Times: Behind Trump's Embrace of Cryptocurrency, the Untold Story

"Trump's Embrace of Crypto: The Unseen Consequences" A New York Times investigation reveals the hidden risks and rapid expansion of the cryptocurrency market fueled by former President Donald Trump's policies and public endorsements. Dubbed the "crypto treasury company summer," this boom saw a surge in publicly traded companies shifting their strategies to hoard cryptocurrencies, aiming to attract investors. Over 250 such companies emerged, many leveraging debt to buy digital assets. However, the market experienced a sharp crash in October, wiping out billions in value and exposing extreme volatility and high-risk leverage trading. Companies associated with Trump's inner circle, including his son Eric Trump's venture World Liberty Financial, faced significant losses and scandals. The article highlights concerns from financial experts and former regulators about the blurring lines between speculation and investment, the accumulation of dangerous leverage, and the potential for systemic risk to spread to the broader financial system. Despite these warnings, the Trump administration and crypto executives continue to promote the industry as a hub for innovation and economic opportunity, pushing for new products like tokenized stocks and expanded leverage options.

深潮12/18 12:02

The New York Times: Behind Trump's Embrace of Cryptocurrency, the Untold Story

深潮12/18 12:02

Kevin Warsh Emerges as a Surprise Contender: How Did an Inflation Hawk Become a Top Candidate for Fed Chair?

Kevin Warsh, a former Federal Reserve governor known for his hawkish stance on inflation, has unexpectedly re-emerged as a top contender for the next Fed chair, competing against Trump’s longtime economic advisor Kevin Hassett. President Trump has indicated his next Fed pick will aggressively cut interest rates, a priority for his administration. Warsh brings a blend of Wall Street experience, academic credentials, and prior Fed service during the 2008 financial crisis. Despite his historical skepticism toward quantitative easing and concerns over inflation, Warsh has recently signaled openness to rate cuts, aligning with Trump’s demands. He has proposed a “rate cuts plus balance sheet reduction” strategy to reconcile stimulus with inflation control. Hassett, by contrast, is seen as a loyalist who would more directly implement Trump’s preference for looser monetary policy. However, some within Trump’s circle question his technical competence compared to Warsh’s deeper central banking experience. The competition reflects a broader tension between professional independence and political alignment. Warsh is viewed as more institutionally cautious, while demonstrating recent flexibility, whereas Hassett advocates for a Fed more directly responsive to the White House. The outcome will significantly influence the Fed’s future direction and perceived independence.

marsbit12/18 08:43

Kevin Warsh Emerges as a Surprise Contender: How Did an Inflation Hawk Become a Top Candidate for Fed Chair?

marsbit12/18 08:43

U.S. Supreme Court Tariff Ruling Imminent, Trump Repeatedly Voices Warnings, Might He Lose?

A pivotal U.S. Supreme Court ruling expected in January 2025 threatens to overturn the Trump administration’s signature tariff policy, implemented under the International Emergency Economic Powers Act (IEEPA). President Trump has publicly expressed alarm, warning of a "devastating blow" to the nation if the tariffs are struck down, while his cabinet officials project confidence in having alternative legal tools. Market analysts, including Goldman Sachs, predict the Court is likely to rule the tariffs illegal. Two key cases challenge whether the President overstepped constitutional boundaries by using IEEPA to impose Congress’s exclusive taxing authority. If overturned, the administration may attempt to replace the tariffs using other statutes, such as Section 122 of the Trade Act of 1974 (capping tariffs at 15% for 150 days) or Section 338 of the Tariff Act of 1930 (allowing up to 50% tariffs). However, both face significant legal and political hurdles, likely triggering further litigation. A ruling against the government could lead to lower effective tariff rates and trigger massive refunds—estimated at $1.3 trillion and growing. It would also undermine the credibility of administration officials who claimed revocation would cause chaos and weaken the U.S. negotiating position with trade partners. The political fallout would also put Republican lawmakers in a difficult position ahead of the 2026 midterms.

marsbit12/17 08:11

U.S. Supreme Court Tariff Ruling Imminent, Trump Repeatedly Voices Warnings, Might He Lose?

marsbit12/17 08:11

The New York Times: After Trump's Return to the White House, Major Retreat in SEC's Crypto Lawsuits

In a significant policy reversal following Donald Trump's return to the White House, the U.S. Securities and Exchange Commission (SEC) has dramatically scaled back its enforcement actions against the cryptocurrency industry. An investigation by The New York Times found that over 60% of ongoing crypto-related cases were either paused, settled favorably, or dropped entirely under the new administration. Key findings include the SEC dropping seven crypto cases, five of which involved firms with known financial ties to Trump. An additional seven cases saw reduced charges or lenient settlements, with three linked to Trump associates. The remaining nine active cases involve entities with no known connection to the former president. The SEC stated its shift was based on legal and policy considerations, not political favoritism, citing long-standing internal opposition to many crypto lawsuits. However, the timing coincides with Trump’s pro-crypto stance and his family’s business ventures in the sector, including the World Liberty Financial project. Notable cases dropped or softened include those against Binance, Ripple Labs, and Gemini Trust. The latter is operated by the Winklevoss twins, who have financial and business ties to the Trump family. While no direct evidence of presidential pressure was found, the pattern suggests a stark departure from the aggressive enforcement seen under the Biden administration. The policy shift has raised concerns among former SEC officials about investor protection and market integrity, while the crypto sector celebrates reduced regulatory pressure.

marsbit12/16 09:22

The New York Times: After Trump's Return to the White House, Major Retreat in SEC's Crypto Lawsuits

marsbit12/16 09:22

Will Bitcoin Developer Keonne Rodriguez Be the Next Crypto Figure Pardoned by Trump?

On December 16, Bitcoin developer Keonne Rodriguez, co-founder of privacy-focused Samourai Wallet, was brought to President Donald Trump’s attention during a meeting at the Oval Office. Although not a pardon, Trump acknowledged the case and directed the Attorney General to look into it. Rodriguez is scheduled to begin a five-year prison sentence on December 20. Rodriguez developed Samourai Wallet, a non-custodial Bitcoin privacy tool offering features like Whirlpool (coin mixing) and Ricochet (transaction obfuscation). U.S. prosecutors arrested him and co-founder William Hill in April 2024, arguing that the service operated as an unlicensed money-transmitting business. Both later pleaded guilty, with Rodriguez receiving a five-year sentence. Evidence included internal messages where Rodriguez described mixing as “money laundering for bitcoin.” The case has sparked debate over whether privacy tools constitute innovation or criminal infrastructure. Trump has previously pardoned several crypto figures, including Ross Ulbricht, BitMEX executives, and Binance’s CZ, raising speculation about a possible pardon for Rodriguez. Even if pardoned, Samourai Wallet is unlikely to revive. However, its code has been forked into more decentralized successors like Ashigaru, reflecting persistent demand for financial privacy tools. The case underscores the tension between privacy technology and regulatory enforcement, with implications for future innovation and legal boundaries in the crypto space.

marsbit12/16 02:56

Will Bitcoin Developer Keonne Rodriguez Be the Next Crypto Figure Pardoned by Trump?