Trump Considers Pardoning the CEO of Bitcoin Wallet Samourai

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Donald Trump
12-16 07:02
4 sources

Summary

President Trump is considering pardoning the CEO of Samourai, a Bitcoin wallet focused on privacy.Golden Finance

Impact Analysis

So, Trump is considering a pardon for the Samourai CEO, which is intriguing given the current crypto market chaos. The timing is curious—right after the crypto market took a nosedive, impacting Trump-related assets significantly. It feels like a strategic move to regain favor with the crypto community or perhaps to stabilize sentiment around Trump-linked crypto ventures. Remember, Eric Trump is heavily invested in Bitcoin mining, and their assets have been hit hard. This pardon could be a signal to crypto investors that the administration is still supportive, despite the market’s volatility. Bottom line—this could lead to a short-term sentiment boost for Trump-related crypto stocks, but watch out for the underlying volatility. If you’re looking at trades, consider the potential for a bounce in Trump-linked crypto assets, but be cautious of the broader market risks.Wallstreetcn+ 3

Event Track

Donald Trump