Max Keiser accuses Trump to benefit before the town after buying USD $ 2,000 million in BTC
Veteran Bitcoiner Max Keiser harshly criticized the president of the United States. Bitcoin through your company before the government activates its strategic reserve.
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- Trump Media bought BTC by USD $ 2 billion after the approval of the Genius Act.
- Keiser accuses the president of “Frontrunning” and profit before the US.
- The crypto community is divided between support and criticism of the movement.
Yesterday, Trump Media, Social Network Operating Company Social truth, confirmed the acquisition of USD $ 2 billion in Bitcoin and assets linked to cryptocurrency. The purchase is part of a previously announced treasury strategy. However, this fact did not overlook for some critics and analysts, who pointed out that this movement could be interpreted as a somewhat unfair play, precisely because of the company’s links with the president’s president.
The transaction occurred just days after President Donald Trump signed the Genius Act, Historical legislation that regulates the stablecoins sector in the United States. This temporal closeness generated concerns about possible conflicts of interest, particularly among critics such as Max Keiser.
Keiser, one of the first defenders of Bitcoin And current advisor to Salvadoran President Nayib Bukele, it soon pronounced himself. Through his social networks, he accused Trump of acting for his own benefit before implementing the national reserve strategy of BTC
According to Keiser, the president is “Advancing to the American people” and buying BTC for yourself before a public fund is activated.
The legal and financial context behind the purchase
At the beginning of the year, Trump signed an executive order in which he instructed the creation of a Bitcoin strategic reserve. It would be initially made up of BTC seized in civil or criminal procedures, and methods would be sought “Fiscally neutral” To increase your reservations, including purchases in the open market.
Since then, significant federal advances have not been published. However, some states have promoted their own laws to create cryptocurrency reserves.
Meanwhile, private sector companies have not lost time. Strategy, Led by Michael Saylor, he recently added another 6,220 BTC to its balance, accumulating a total of 607,770 units. However, it was the incursion of Trump Media the one that generated the biggest stir.
Keiser: “Trump advances to the people”
Max Keiser’s criticism did not go unnoticed. In his message, he said: “Before buying for the reserve fund, Trump advances to Americans and buy Bitcoin for themselves.”
Keiser’s argument suggests that the president would be trying to take personal advantage before the government officially raises the institutional demand for Bitcoin. This anticipation could directly benefit the price of the asset and, therefore, to the personal holdings of the president and his environment.
Although the accusation is not backed by illegality evidence, the signaling lit an intense debate on the ethics of public officials investing in assets on which they have normative influence.
A community divided between skepticism and support
The reactions in the crypto community have been polarized. Analysts like “Bitcoin Muger” They also expressed suspicions: “First the family is supplied, then the country does.”
Others, in contrast, defended Trump’s play, arguing that he is leading with the example and demonstrating conviction in Bitcoin before compromising public funds. This interpretation presents the purchase as a sign of trust, instead of opportunism.
Despite the controversy, the price of BTC He remained firm. According to data from Coinmarketcap, At the time of writing this article, Bitcoin It quoted around USD $ 119,635, at the time of editing, only 3% of its recent historical maximum of USD $ 123,091.
During the last month, BTC It has risen 16.2%, with a 9.5% rise in the last two weeks. However, in the last seven days its increase was just 1.7%, being below the general performance of the crypto market, which advanced 5.90% in that period.
Article written by a content editor. Edited by Angel Di Matteo / Diariobitcoin
Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain
WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.
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