Trump Media, the private crypto/social media/streaming network/finance company run by President Donald Trump and his family, just agreed to a new deal with Crypto.com to do a complicated scammy crypto thing.

It’s super cool that the president gets to (not) regulate crypto so he can line his own pockets.

Okay, you want to know how the crypto thing works? Fine. Here’s a decent explanation: “A (poorly operating) social-media company is raising money to go public via a backdoor route, asking investors to give it cash so it can then buy a mid-tier cryptocurrency that those investors could just buy on their own.”

Experts have advised that this whole thing is probably a bubble, but what does that matter when you’re the president? Trump and his family will walk away just fine whenever this cras

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