Trump Family Faces Damning New Grift Revelations; A booming industry fueling the Trump family’s wealth is increasingly escaping government oversight.

**Paywall bypass:** [https://archive.ph/trNm8](https://archive.ph/trNm8)

**In Brief:**

* **A key government agency is dismantling efforts to regulate online betting markets and crypto as President Donald Trump and his family deepen their ties to the booming industries.**
* The Trump family’s growing footprint in crypto and prediction markets has translated into billions in new wealth, fueled by digital coin offerings and deals with prediction market firms.
* Trump’s eldest son, Don Jr., is both an investor in Polymarket, through his investment firm 1789 Capital, and an adviser to Kalshi and Polymarket. The president’s publicly traded media company partnered with Crypto .com last October on what the firms called an exclusive prediction market venture.
* At the same time, the Commodity Futures Trading Commission, a small agency that regulates those industries, has undergone a dramatic retreat from enforcement, and staffers say a series of firings sent a clear warning not to make life difficult for the companies they are supposed to oversee, The New York Times reports.

The only thing that would be better than him dropping on camera is him realizing he is bankrupt before dropping on camera.

It’s gambling. Surprise. 

With Trump’s history of abusing the bankruptcy code to shaft employees and contractors and later being found guilty of 34 felony counts of business fraud, his involvement in grift is not shocking. Trump and his family’s ongoing use of the government for grift and abuse of power is cementing Trump as the most corrupt President in American history.

Corruption, plain and simple.

>Prediction markets are different from casinos because the platform usually isn’t betting against you with its own money.

>The money comes from the users themselves, who are essentially betting against each other on the outcome of an event.

>The website just acts as the middleman by matching trades, holding funds, and taking a fee.

>So if someone buys shares predicting that something will happen, another person is effectively taking the opposite side of that bet. When the outcome is decided, the winners are paid using the money that the losing side put into the market, rather than from the company running the site.

It’s not damning, it’s…something. Damning suggests something will happen.

Damning you say?… DAMNING? Well that’s that I guess.

Welcome to the Daily Beast, where everyday is the end of the Trump administration because it makes you feel good but it’s never true.

Every single dollar should be taken away from then. Every single CENT ! SUCH AN ABUSE OF THE PRESIDENCY IS ABSOLUTELY DISGUSTING. Idc what political party you support. It’s just wrong

The far right media was all over Hunter Biden and his father over his association with Ukraine and they won’t go anywhere near Trump and his family as they rake in millions, maybe billions!