Trump Media Strikes New Deal with Crypto.com, Raising Concerns Over Ethics and Transparency
Washington, D.C. – Former U.S. President Donald Trump’s business empire has entered another controversial venture, this time through Trump Media & Technology Group (TMTG). The company, which oversees Trump’s social media platform Truth Social, has reportedly signed a partnership with cryptocurrency exchange Crypto.com, fueling renewed debate about potential conflicts of interest and the risks of financial speculation.
According to analysts, the deal involves raising capital through a nontraditional investment route. Instead of a straightforward public offering, Trump Media is seeking funds from private investors, which would then be directed into acquiring cryptocurrency assets. Experts note that these are assets investors could have purchased directly, raising questions about the necessity — and transparency — of the arrangement.
Critics argue that such ventures reflect a broader pattern of Trump using his public profile and political influence to promote private business projects. Observers point out that Trump has previously associated himself with ventures ranging from real estate and branded consumer products to more recent forays into cryptocurrency, including the launch of the $TRUMP digital token.
Concerns about ethics and accountability are also growing. Policy specialists warn that allowing a political figure — particularly one with ambitions to return to office — to profit from unregulated or lightly regulated financial products could open doors to conflicts of interest and undermine trust in democratic institutions.
In addition to Truth Social, Trump Media has announced plans to expand into other services, including Truth+, a streaming platform, and Truth.Fi, a financial services arm. These expansions are seen by some as an attempt to build a wide-ranging digital and financial ecosystem under the Trump brand.
While supporters praise Trump as an “innovative businessman” exploring new markets, critics caution that many of his ventures in the past, from Trump University to Trump Airlines, ended in failure. They fear that ordinary investors could bear the losses if similar outcomes occur in the high-risk crypto sector.
As the debate intensifies, economists emphasize the importance of stricter regulations around the intersection of politics, finance, and technology. For now, Trump Media’s latest deal highlights both the growing influence of cryptocurrency in U.S. business and the ongoing controversies surrounding the former president’s financial ventures.
