REPORT: Barron Trump cashes in huge in crypto market

Democrats and the media have been like vultures flying over a dying body in the desert when it comes to Barron Trump.  

After a report surfaced about Barron cashing in huge in a crypto deal, the Trump family may have just fed them the fuel they needed to go after the teenager.  

Big Deal 

We all know Democrats want to go after Trump for profiting off the presidency, and the Trump Organization fueled that fire a few months before Trump made his big trip to the Middle East.  

In April, the Trump Organization, currently headed by Eric Trump, announced a huge expansion of the business to the Middle East.  

Among other deals, an Emirati-backed firm made a deal worth a reported $2 billion for the Trump family’s digital coin.  

When Donald Trump was asked about it, he responded, “I really don’t know anything about it.” 

Legislation Passes 

Earlier this month, the Senate passed legislation that was considered monumental in terms of legitimizing the crypto market.  

The legislation established the Stablecoin, which must be backed by liquid assets. And even though the legislation still had to be passed in the House before it could make its way to the president’s desk, there were more than a few Democrats pushing the narrative that Trump was only supporting this legislation to make his family richer.  

Senator Warren (D-ME) wants to see crypto legislated, but she believes this legislation does not go far enough. She also took a shot at Trump in the process, stating, “It is fitting that we are voting on the Genius Act just a few days before President Trump hosts a, quote, private, intimate dinner and VIP White House tour for the top investors in his … coin.” 

Mind you, Trump ran on a pro-crypto agenda, so his backing this legislation was not a surprise. 

Barron’s Slush Fund 

This brings us to the most recent reports, which are claiming that Barron Trump, the president’s 19-year-old son, made a cool $40 million in the family’s crypto deal.  

Trump has never hidden Barron’s affinity for the market, once stating, “Barron knows so much about this. Barron’s a young guy, but he knows it — he talks about his wallet. He’s got four wallets or something, and I’m saying, ‘What is a wallet?’” For someone who claimed he does not know anything about crypto, Trump made a killing himself, as his recent filings showed that he has made about $57 million from selling coins.  

I have stated this before... the Trump family was in business long before Trump took office, so the family is not going to stop doing business just because Trump is in office. The optics aspect of this, however, is hard to overlook. The family business expands in the Middle East, Trump makes nice in the Middle East. Trump family cashes in on crypto, and the GOP passes crypto legislation.  

My test is, would we be upset about this if a Democrat did it, or would we be fine with it? We all know we would be losing our minds if this happened with a Democrat in office who had the same business profile as Trump. And to be clear, I am not saying he did anything wrong, as I simply don’t know, but from an optics perspective, I get why Dems are throwing knives right now.