Legal AF by MeidasTouch - Trump Financial Scheme ACCELERATES before DAY 1

Episode Date: December 7, 2024

Trump just cut a deal to line his pockets with $22million based on an investment by a Chinese crypto mogul under SEC investigation into Trump’s own cryptocurrency company, and that’s just the start of hundreds of deals to be entered into by Trump and his family with foreign governments all too eager to own a piece of an American president, corrupting policy along the way. Michael Popok ties it all together in his latest hot take. Head to https://zbiotics.com/LegalAF to get 15% off your first order when you use LEGALAF at checkout. Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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Help us innovate to keep healthcare alive. Donate at healthcarelives.ca. Donald Trump and his family, just in the last couple of weeks, have made $22 million when a Chinese cryptocurrency mogul, investigated and charged by the Securities and Exchange Commission, invested $30 million into Donald Trump's companies. It's just one of dozens of ways that foreign countries and investors and those that are

at odds with the United States are going to make money for Donald Trump and his family and they are not going to sign an ethics code, nor are they going to restrain themselves in the second go-around. I'm Michael Popak, you're on the Midas Touch Network and Legal AF. Ostensibly, the Trump Organization is under the control of Eric Trump. We all know that's a facade, that's a ruse, and in the lead-up, just in the weeks leading into the election, according to the New York Times and other reporting, Eric Trump signed deals to benefit the family, therefore Donald Trump with Vietnam, Saudi Arabia, the United Arab Emirates, and they're looking at Israel and the other aspects of the Middle East. These are deals that are regulated by regulators that Donald Trump is going to be appointing.

When you do foreign asset investment, for instance, you have to deal with the US agency, the Office of Foreign Asset Control. We call it OFAC. OFAC is under the Treasury. The Treasury is under Donald Trump through his pick, Steve Bassett. There's two major ways that we're watching foreign governments try to influence American policy and put money in the pocket of Donald Trump and his family. One, through his cryptocurrency company, World Liberty Financial, a cryptocurrency platform that allows dark money investment from foreign countries like in the Middle East and other places to line the pockets of Donald Trump.

We've already seen it. That's why I just reported at the top of this particular hot tick on Justin Sun, a Chinese person who owns a cryptocurrency himself, who was charged by the Securities and Exchange Commission under Joe Biden with manipulating the price of cryptocurrency by buying and selling it. Now he made the very first investment in the world liberty financial thing that's headed by Eric and Don Jr. and even Barron Trump. Listen, even the president-elect Donald Trump is listed as one of the chief promoters, shillers of the cryptocurrency platform even to this moment. So in the first administration, they had a lighter touch. They were worried about investments that seemed to maybe be at odds with the first family

or the President of the United States. Now it's gone. Let me start fundamentally. The President of the United States is not it's gone. Let me start fundamentally. The President of the United States is not, by position, subject to the same criminal and civil ethics laws as the rest of us. They're not. Not while they're president, they're not.

And so he doesn't have to solve for the equation of conflicts of interest related to doing business in countries that are adverse to us, or that have business before us or that generate money for him. He doesn't have to solve for that. He doesn't have to put his money in blind trusts or his family. Presidents do, but not this one. This one's going to make money in broad daylight, hundreds of millions of dollars before this presidency is over. I mean, he's already put $22 million in his pocket.

They have a deal with their cryptocurrency platform that they get 70 cents on the dollar for any investment. Well, Mr. Son just put in 30 million to buy his influence for the Trump family, 22 million, over to Donald Trump and his siblings and his children. The other way for foreign dark money to corrupt our system and corrupt our president is through his social media platform Truth Social, which also takes forward investment. How convenient. And

it's just set itself up with a cryptocurrency platform. Now there are most of what I'm going to tell you during this hot take involves regulators, yes for the US, all now under the control of Donald Trump, who are going to benefit his business interests. Let's look at his pick for the Securities and Exchange Commission. The number one reason I'm sure he just picked this new guy to be the head of the Securities and Exchange Commission is because this guy is a favorite of the cryptocurrency world. He's the favorite of the cryptocurrency world. He believes that

cryptocurrency has been overregulated by the government, by Gensler, the current SEC head, and he is going to change things. That led to a billions and billions and billions of dollar run-up in the market. Paul Atkins for the SEC, oh yes, he was originally on the Securities and Exchange Commission through George W. Bush. So people think, well, he's a moderate. He's a cryptocurrency maven. I mean, Eric Trump right now is off to the Middle East in order to appear in cryptocurrency conferences where they're saying this is the golden age of cryptocurrency. Everyone around Donald Trump, including Donald Trump, is heavily invested in making tons and gods of money, gabs of money, between now and the end of the election. Elon Musk, billions of dollars invested

in cryptocurrency. The commerce nominee, Howard Lutnick, hundreds of millions of dollars invested in cryptocurrency. He runs a company along with Tether in the cryptocurrency business, right? The new SEC head is pro cryptocurrency. The Trump organization has a cryptocurrency platform. Do you see where this is going? Is there any wonder that Bitcoin hit $100,000 yesterday and crossed that mark by the time

the Trump administration is over? It'll be 200,000. And it'll be mainly unregulated at the rate that we are going. Let's face it, after a night with drinks, I don't bounce back the next day like I used to. I have to make a choice. I can either have a great night or a great next day. That is, until I found-Biotics pre-alcohol probiotic drink. Z-Biotics pre-alcohol probiotic drink is the world's first genetically engineered probiotic. It was invented by PhD scientists to tackle rough mornings after drinking. Here's how it works. When you drink, alcohol gets converted into a toxic byproduct in the gut.

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Go to zbiotics.com slash LegalAF to learn more and get 15% off your first order when you use Legal AF at checkout. ZBiotics is backed with 100% money back guarantee. So if you're unsatisfied for any reason, they'll refund your money, no questions asked. Remember to head to zbiotics.com slash Legal AF and use the code LegalAF at checkout for 15% off. So when I hear about Eric Trump's sign in deals in Saudi Arabia, Vietnam, the United

Arab Emirates, and he's looking at Israel and other places in the Middle East, you would think I'm talking about the war room and the map for the president about foreign policy. How can Donald Trump be trusted to make appropriate foreign policy decisions in the interest of the American people when he's so entangled by choice in these ethical and financial dilemmas of his own making to make money? His number one goal is not the American people. We said this in the lead-up to the election. His number one goal is to make as much money for Trump Incorporated as possible. And if your interests stand in his way, they will be sacrificed.

If the American people's interests stand in his way, Trump's way or his family's way, they will be run over with a bulldozer and that's it. The Office of Foreign Asset, the Office of Foreign Asset Control, forget it, under the Treasury Department it will look the other way at everything that Donald Trump does.

And notice he uses the currency of organized crime and drug dealers and others for off book transactions, cryptocurrency. Is there any doubt about that? Is there any doubt that the people who signed deals with Eric Trump recently in Vietnam, Saudi Arabia, and United Arab Emirates, most of it being sovereign wealth funds, meaning it's direct investment by governments. So foreign governments are buying the president. I don't know how to say this any more directly.

You think the founders and the framers and the founding fathers of the United States weren't concerned about foreign influence? They put in a section about foreign emoluments. Don't take anything from foreign governments. Donald Trump's taking everything from foreign governments under the ruse that it's his family business. Yes, there's, I can't even believe I have to say this. There is a monitor, court-appointed monitor over the Trump organization, the very company I'm talking about, because they committed persistent fraud in the state of New York for over 10 years.

And now they're gonna use that as a vehicle to do business with our friends, allies, enemies, and frenemies and line their pockets as a result. And everybody around Donald Trump is in on it. He opened the door and he let the robber barons, we used to call them robber barons, back in the late 1800s and early 1900s. The JP Morgans and those that ran the railroad, all those big fat cats with cigars and the model

for the guy on the Monopoly board. They're in the government. They finally have what they've always wanted. I've said this reminds me of the scene in Godfather 2 when they're sitting around in that hotel cutting up the cake and they're saying about Cuba, we finally have what we've always wanted, an organized crime, a friendly relationship with a government who will protect us and our business interests. What do we have now? They have what they've always wanted. They're inside.

They're inside. And these deals are now going to accelerate. Now that the reporting is they don't see any ethical dilemma to doing business with our adversaries, our allies, and even our enemies. Look, China is investing in Donald Trump. China, let me convert that into English. China is buying Donald Trump. China is buying Donald Trump. Saudi Arabia is buying Donald Trump. China is buying Donald Trump. Saudi Arabia is

buying Donald Trump. You know how many business deals Donald Trump has done with the Dar Al Arkhar construction company and development company? That's their go-to right out of Saudi Arabia. That's owned by MBS, by the Saudi prince. They don't care about the fact that Khashoggi was chopped up into little pieces, a reporter for the Washington Post by these same people. They don't care about that. If they cared about it, they wouldn't put live golf at all Trump properties. It's all about the Benjamins, the money.

And the lack of regulation in this area is outstanding. Donald Trump's gotten what he's always wanted. He doesn't want to pay taxes, so he's going to defund the Internal Revenue Service. He doesn't want anybody doing any oversight over his foreign investments, so he's going to defund or castrate the Office of Foreign Asset Control. He wants unlimited money being generated without regulation through cryptocurrency. So he puts the head of the SEC, a pro cryptocurrency guy, and surrounds himself with other cryptocurrency people. The guy that he just appointed,

Steve Witkoff, to be the Middle East envoy to try to solve whatever's going on in the Middle East be the Middle East envoy to try to solve whatever's going on in the Middle East is a real estate developer, golfing buddy of his that got him into the cryptocurrency world to begin with and helped put $22 million in his pocket. That's what he gets as a reward. He gets to be a Middle East envoy. Yeah. So this is not a report about shock and awe. This is a report about we know what's going on and what are we going to do about it as an American people? First, we've got to talk about it. First, we've got to put a spotlight, a Klieg light on it.

And then we've got to file lawsuit after lawsuit after lawsuit to challenge and the violation of the Emoluments Clause in the Constitution this grift, the selling of the presidency, the buying of the presidency by our foreign powers who are investing in him through truth social and through his cryptocurrency platform and through the real estate development. You think anybody in these businesses would do business with Donald Trump if he and his family weren't in the presidency? No way. But they're going to make, I think the estimate last time was half a billion dollars was made by the Trump family during and after the administration. Double that now. Double it, triple it with cryptocurrency. We'll continue to follow it all closely with a magnifying

glass, right, with a microscope here on the legal AF of the Midas Touch Network. Follow me, Michael Popak. Every Tuesday night I do Popak Live. It's not a rant. Well, sometimes it's unhinged, it's unfiltered. 8 p.m. Eastern Time on this Midas Touch YouTube channel. Wednesday and Saturday, Legal AF, the podcast, and a new Legal AF YouTube channel to boot at Legal AF MTN. We do it in collaboration with the Midas Touch Network, and we are building this pro-democracy community with you, only for you and about you. Until my next reporting, I'm Michael Popak. In collaboration with the Midas Touch Network, we just launched the Legal AF YouTube channel. Help us build this pro-democracy channel where I'll be curating the top stories, the intersection of law and politics.

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