Trump's $100,000 Watches: A Gateway for Illicit Financial Flows? [View all]
As the U.S. election draws near, Donald Trump's introduction of a “luxury” watch priced at $100,000 raises more than eyebrows—it sparks serious concerns about potential loopholes for financial misconduct. Trump’s grifts these days are endless. It seems that almost every day he is hawking a new “Trump Coin,” a pack of NFT trading cards, or a Trump Bible. An in-depth investigation into these Trump-branded Tourbillon watches reveals several aspects that could potentially enable secretive and unregulated financial activities, which could allow for large amounts of cash to flow into Donald Trump’s bank account from unknown sources at a critical moment before the 2024 presidential election.
Key to the controversy is the method of payment accepted for these watches. Buyers can use Bitcoin, a digital currency favored for its anonymity. This capability to purchase high-ticket items like the $100,000 Tourbillon watch without traceable financial footprints poses a significant challenge to ensuring financial transparency. It opens the door to the possibility of moving large sums of money discreetly, circumventing traditional financial oversight and potentially violating campaign finance laws.
https://www.meidasplus.com/p/trumps-100000-watches-a-gateway-for
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