06:00
The New York Times questions: Did crypto companies exchange favors with Trump for relaxed regulations?
The New York Times recently published an investigation report stating that U.S. President Donald Trump and his family may have benefited from multiple revoked or settled cryptocurrency regulatory cases, sparking widespread controversy over "power and money transactions." The report directly points out that some crypto companies established political or business connections with the Trump camp before and after their cases were dismissed.
Data shows that since the Trump administration took office, about 33% of cryptocurrency-related enforcement cases have been dismissed, significantly higher than the average of about 4% in other industries. Among the 14 dismissed crypto investigations, more than half of the involved companies or individuals were found to have direct or indirect connections with the Trump administration.