Shock Trump Leak Sparks Huge Crypto Price Rally—Boosting Bitcoin, XRP And Solana (forbes.com)
Bitcoin hovers near $100,000 and XRP surges 16% ahead of Trump inauguration: CNBC Crypto World (youtube.com)
Did we find the new way for the class of wealthy and connected people to redistribute money from everyone else? It has proven pretty easy for celebs to make some cash selling anything in their name, whether a crypto token or alcohol or perfume. Politicians, who perhaps have some sway over lawmaking, can raise or lower the values of cryptocurrencies, it seems. Them and those in their circle of people on good terms.
Kind of like insider trading in the 80s and before, but public?
https://www.youtube.com/watch?v=OK1nvU3r6Yc
Professional launderers, professional scammers. Money then also goes to agencies and workers to prevent (probably not) and fight (probably, since no worker implements anything like prevention which would put them out of work).
Crypto crime is 0.14% of blockchain transaction ,according to Chainalysis, which is down as a percentage YoY. Crime using crypto is growing but less than global adoption.
He thinks crypto will be used more for crimes that involve a payment, such as illegal sales of animals and chemicals.