Company buying $Trump coin to influence policy. Want influence within this administration. Buy Trump’s coin.
This. Is. Corruption.
Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions, today announced that it has entered into an agreement for the issuance of convertible notes (the “Agreement”) through a facility of up to USD $20 million with an institutional investor signed on April 29, 2025. Capital from the financing is exclusively earmarked for purchasing Official Trump Tokens ($TRUMP), making Fr8Tech one of the first public companies to make $TRUMP a cornerstone of its digital asset strategy.
And the company isn’t hiding the fact that their doing this to gain favor with the administration.
Again. This is corruption.
However, Freight’s mandate is slightly different: to influence the U.S.-Mexico trade deal amid President Trump’s all-out trade war.
"We believe that the addition of the Official Trump tokens are an excellent way to diversify our crypto treasury, and also an effective way to advocate for fair, balanced, and free trade between Mexico and the US," Javier Selgas, the company’s CEO, said in a press release on April 30.
Trump influence being sold to the highest bidder, and most of them are foreign.
Corruption.
More than half of the top holders of President Donald Trump’s memecoin — who are jockeying for dinner with the president — have used foreign exchanges that say they ban US users, suggesting that many of the purchasers are based outside the US.
Buyers of the Trump token, a cryptocurrency the president began marketing days before his inauguration, drove sales higher in the past two weeks after its issuers announced an unprecedented promotion: More than 200 of the memecoin’s largest holders would be invited to attend a May 22 dinner with Trump at his Virginia golf club, while the top 25 would qualify for an exclusive reception beforehand and what the memecoin’s website describes as a “VIP” tour.
I think the equivalent here would be if Obama owned a company that manufactured tan suits, and then held a meeting only with those individuals and companies that bought the most Obama branded tan suits.
IF there’s one thing we know with certainty it’s that cops never act stupidly. Except the ones that work at the Capital building - those ones are complete morons with a grudge against MAGA.
I think it’s being ignored for a couple reasons. One because the subject of crypto and how Trump is profiting from it’s sale is, arguably, confusing. And two, it’s super hard to defend this without admitting you don’t care about corruption.
President Trump’s venture into crypto products has increased his family’s wealth by billions in the last six months, according to a new report, as his administration continues to loosen the federal government’s regulatory approach to the digital currency industry as a whole.
The group State Democracy Defenders Action estimated in a new report that the president’s crypto holdings now represent nearly 40% of his net worth — or approximately $2.9 billion. That increase is due in part to his release of the $TRUMP and $MELANIA meme coins, in addition to a large stake in World Liberty Financial, a crypto exchange affiliated with the Trump family that launched in October 2024. State Democracy Defenders Action identifies itself as non-partisan, but it is overseen by frequent critics of President Trump, with an agenda focused on “the autocratic threat to our nation.”
Obama never owned a company in his life. He lived on the government tit for most of his working life. He would have no idea how to start a business. Let alone run one.
GD Culture Group, a Chinese-linked holding company, has announced its intention to invest a staggering $300 million into Bitcoin and the official TRUMP meme coin.
But in the opaque world of cryptocurrencies, where transactions are often anonymous and unbound by national borders, there is virtually no cap on the amount of money a person or government could funnel to the president, his family and the growing list of entities they control.
Over the past month, crypto investors plowed an estimated $148 million into Trump’s meme coin, according to Reuters, which cited data from crypto research firm Chainalysis.
The vast majority of the coin’s supply — 80% — is held by two Trump Organization affiliates, which make money through transaction fees. Chainalysis estimates that those entities raked in at least $1.3 million in fees in the weeks after Trump announced the private dinner auction.
News of American Bitcoin’s plans to go public emerged Monday night, around the same time that another crypto side hustle was wrapping up: Bidding ended Monday in an auction for a private dinner with Trump, billed as an “unforgettable gala,” for the top holders of the $TRUMP meme coin. The top 25 were promised face time with Trump and a “VIP tour” of one of his private clubs.
The private dinner for the top $Trump coin buyers is tonight. Wanna know who is attending? Well tough ■■■■ .
Billed by organizers as the “most EXCLUSIVE INVITATION in the world,” Thursday’s gala is set to take place at the president’s private Trump National Golf Club, just outside of Washington, DC.
The guests are expected to include President Donald Trump himself and 220 of the top $TRUMP buyers, who collectively dumped an estimated $148 million over three weeks into the memecoin.
The vast majority of the top holders of Trump’s memecoin appear to be based overseas, including the top investor — a Chinese-born crypto mogul who, until recently, was facing civil fraud charges in the United States.
And because crypto is anonymous by design, the identities of the top investors — who appeared on a public leaderboard with nothing but self-selected three- or four-letter usernames and long, cryptographic digital wallet addresses — aren’t easy to pin down.
