You have to read this NYT piece to truly grasp just how bad the Trump family’s crypto firm is in terms of naked greed and potential conflicts of interest. The headline pretty much says it all: “Secret Deals, Foreign Investments, Presidential Policy Changes: The Rise of Trump’s Crypto Firm.” … How bad is it? Even a crypto enthusiast says a recent business pitch by the Trump firm is a “black spot on the industry.” … It’s not the first time crypto devotees have blasted Trump’s various crypto moves. …

What really caught my attention in the Times piece is how World Liberty, the Trump family’s crypto firm, has apparently sold its cryptocurrency to investors abroad. That reminded me of a recent Times interview with U.S. Rep. Jake Auchincloss, who openly warned of the inherent danger of a president openly peddling crypto coins, etc.: “It is guaranteed that foreign adversaries will be purchasing the Trump coin.” … And we all know what they’d hope and expect to get from such investments. 

Fyi: Auchincloss and U.S. Sen. Elizabeth Warren have lately been jointly pounding away at the president’s crypto antics.

Update – Don’t forget the Trump family’s real estate wheeling and dealing. Via the Times: “New Mideast Project Is Latest Trump Company Deal Tied to a Foreign Government.”