[sholain]

To the contrary, this is possibly an extremely dangerous and corrupt action (I'm saying 'possible' here).

Zhao manages Binance upon which Trump's nefarious crypto operation - World Liberty Financial is hosted.

Zhao is guilty of wilfully ignoring a lot of very bad and illegal activity by all sorts of bad actors.

World Liberty Financial is receiving $100's of millions inbound, coincident with 'deals' made by US and Middle East actors etc..

WLF is co-managed by Steve Witkoff, the 'real estate magnate' who has been charged with Middle Easter nand Russia negotiations (who by the ay has absolutely no diplomatic background, historical context or understanding of this situations and is deeply unqualified) and who notably has been entering into negotiations and discussion with foreign parties without any US State Dept personnel. Sometimes not even translators.

Subsequent to those 'deals' with Qatar etc. which the Administration indicated there would be up to $1T invested in the US ... Qatar and other regimes have been flushing massive amounts of noney into WLF, hosted on Binance, overseen by Zhao.

The potentiality fore corruption is hard to overstate.

[mschuster91]

> World Liberty Financial is receiving $100's of millions inbound, coincident with 'deals' made by US and Middle East actors etc..

The thing is, in the corruption surrounding the President, that's still small fish. $TRUMP alone was worth 13 billion dollars, $MELANIA was at 1.7 billion dollars. And that's just these two meme coins, not going into all the other shenanigans - he and his family are expected to have made 3 billion dollars since the election [1] in personal wealth gain.

[1] https://qz.com/donald-trump-net-worth-presidency-business-co...

[sholain]

$TRUMP is managed by World Liberty. The money is coming into $TRUMP and WLF at the same time as Trump is announcing deals with those parties.

[lloeki]

> of all the things surrounding this administration, this is amongst the most harmless

> this is possibly an extremely dangerous and corrupt action

Sadly it appears we live in that insane timeline where both sentences can be true.

[actionfromafar]

I'm not sure we can differentiate like that. If WLF and Witkoff are corrupt, that means all the big "peace talks" are crypto shakedowns behind closed doors, and suddenly we are back at "Geopolitical Level Corrupt".

[lloeki]

I mean, on a made-up scale of:

                                                    _ the "most harmless" thing this admin did
                                                   /
    +---------------------------------------------+-----+
     \_ 100% harmless                                    \_ 100% horrible

IOW that "most harmless" thing not being harmless at all is quite telling about _all the other things_ happening in that topmost bucket.