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"Trump's family crypto ventures get all the headlines, but his cabinet insiders might walk away with the biggest gains. Appointees with at least $193 million in disclosed holdings now control the very agencies that regulate their investments. We're connecting the dots between their portfolios and policies to find out what could pump next."
~ Coin Bureau
The video "The Trump Admin Is About To Capture Crypto" discusses how members of the Trump administration are shaping crypto policies to benefit their own financial holdings in the industry. The video highlights several key individuals and their connections, including David Sacks, who despite selling his liquid crypto holdings, is a co-founder of a venture capital firm with significant crypto investments, and Howard Lutnick, whose firm manages Tether's reserves.
It also mentions Todd Blanch, a former attorney for Trump with personal crypto holdings who issued a memo that changed the DOJ's approach to crypto prosecution, and Paul Atkins, the new SEC chairman who launched "Project Crypto" and declared most crypto assets are not securities, leading to a decrease in enforcement actions. The video suggests these appointments have created a favourable regulatory environment for the crypto market.
0:00 Intro
0:34 Background
2:58 David Sacks
5:30 Howard Lutnick
7:19 Todd Blanche
10:07 Paul Atkins
12:12 Scott Bessent
14:06 JD Vance (ft. Peter Thiel)
15:38 The Network Effect
Source - Coin Bureau YouTube: https://www.youtube.com/watch?v=qclEBBniVVY
Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.
