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Trump Launches Controversial Betting Platform Amid Crypto Surge

10/31/2025

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Trump Launches Betting Platform

U.S. President Donald Trump and Crypto.com are launching the Truth Predict betting market platform, expanding the Trump family business.
The Trump Organization's cryptocurrency income rose from $51 million to $864 million in one year.
Critics, including Democratic leaders, say the plan raises corruption and conflicts of interest, citing Trump's pardoning of cryptocurrency magnate Changpeng Zhao, and they argue the lack of investigation signals a double standard in congressional oversight.

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Zhao Considers Defamation

Changpeng Zhao, crypto tycoon pardoned by U.S. President Donald Trump, considers a defamation suit against Senator Elizabeth Warren.
Senator Elizabeth Warren accuses Zhao of profiting from his pardon after pleading guilty to a Bank Secrecy Act violation, and Zhao's attorney demands a retraction.
Warren and Senator Adam Schiff are pushing a resolution to condemn the pardon, with critics saying it signals corruption and Zhao's supporters saying the claims are overstated.

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Trump Launches Betting Platform

U.S. President Donald Trump and Crypto.com are launching the Truth Predict betting market platform, expanding the Trump family business.
The Trump Organization's cryptocurrency income rose from $51 million to $864 million in one year.
Critics, including Democratic leaders, say the plan raises corruption and conflicts of interest, citing Trump's pardoning of cryptocurrency magnate Changpeng Zhao, and they argue the lack of investigation signals a double standard in congressional oversight.

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