Trump Crypto Took $100 Million From a Businessman With Red Flags - nytimes.com
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- Trump's crypto business secured $100 million from businessman Zhou Gu, whom the source flags as carrying "red flags" and describes as a "shady" money-laundering suspect.
- Trump's sons profit "handsomely" from the nine-figure transaction with the flagged businessman, per the report.
Why it matters: A sitting president's family crypto venture taking nine figures from a businessman described as a suspected money-laundering figure places presidential office and personal profit in direct conflict, raising ethics questions about who is funding the Trump crypto operation.
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