Sounds like insider trading, doesn't it?
But because the crypto industry's lobbyists successfully pushed to have cryptocurrency regulated as a commodity and not a security, insider trading laws do not apply in the same way here.
Trump's SEC is highly unlikely to launch any investigations, and that's by design.
However, state regulators may have the authority to step in and hold crypto insiders accountable under state-level fraud laws. States like Illinois, Massachusetts, California and New York are particularly strong in this area.
It wasn’t just the people who bought the cryptocurrency assets that got rich but the people who own the financial plumbing that processes all these transactions.
Friends of Donald own an awful lot of that plumbing – names you know were involved in massive transactions – and we’ll be passing that along to journalists to report on.
Fast-moving stories like this often get overlooked in each day's overwhelming news cycle, though they have huge consequences for us all.
That's exactly why DKP's work is so important — we track these complex financial schemes and ensure they don't slip through the cracks while others move on to the next headline.
DKP's investigative work is already tracking these crypto market movements and connecting the dots. Our research helps journalists uncover the full story, gives lawmakers the evidence they need to act, and ensures the public knows exactly who's profiting from these schemes.
People are asking, "Why doesn't anyone DO anything?" about all of the corruption that's going on in America.
The Dekleptocracy Project is a piece of that puzzle. WE are taking action. And our upcoming Research Hub will allow us to detect patterns in crypto market manipulation faster and alert authorities sooner — but we need your help to make it happen.
Please chip in to support our efforts with a monthly donation or one-time contribution of $25, $50, $100, $250, or any amount.
Whether it's suspicious crypto trades happening in plain sight or hidden financial schemes of all kinds, we're building the tools to catch them all. But we can only continue this vital work with your support today.
Thank you for standing with us.
Kristofer Harrison
President, Dekleptocracy Project
