Company Boasts Spending Up To $20 Million On Trump Crypto Coin To Buy Influence

[highplainsdem]

This is hours too old for LBN, or I'd post it there.

https://www.huffpost.com/entry/trump-coins-freight-influence_n_68153967e4b03d516aad99d3

WASHINGTON — An international trucking logistics firm is buying as much as $20 million worth of President Donald Trump’s crypto coins to influence the administration’s trade policy — the precise sort of quid-pro-quo arrangement that corruption experts warned Trump was encouraging when he unveiled his venture.

Freight Technologies Inc. CEO Javier Selgas said in a Wednesday news release that buying Trump coin would be “an effective way to advocate for fair, balanced and free trade between Mexico and the U.S.”

The release was attached to a filing that same day with the Securities and Exchange Commission explaining why Freight Technologies was issuing bonds. “The company will use the net proceeds from the offering to purchase TRUMP coins,” the company told the SEC.

“It’s just another day for Donald Trump that an international freight company is paying a $20 million tribute towards the Trump family fortune after openly wishing it will lead to administration tariff relief,” said Tony Carrk, executive director of Accountable.us. The watchdog group discovered Freight Technologies’ plan through a social media post bragging about it by GetTrumpMemes.com, the company that sells the Trump coins.

-snip-

Found thanks to a Bluesky post from George Conway minutes ago:

George Conway 👊🇺🇸🔥
@gtconway.bsky.social‬

Nothing important here. Just a publicly-traded company disclosing to investors that it’s attempting to bribe the President of the United States by buying his cryptocurrency in order to influence his trade policy.