The Keith Edwards Show - Barron Trump Just F**ked Over His Dad

Episode Date: July 11, 2026

Keith Edwards reacts to the viral claims that Barron Trump cost his father $600 million in crypto, breaking down the actual financial turmoil surrounding the Trump family's digital asset empire and the massive market collapse in Eric Trump’s Bitcoin mining venture that fueled the rumors.Help us flip the House at: https://keithscheatsheet.comListen to the show on Spotify: https://open.spotify.com/show/1chmgsT4aUJPmFlyGXIDGNBecome a Member: https://www.youtube.com/@keithedwards/joinSubscribe to my Substack: http://keithedwards.substack.comHelp Save Democracy, Buy a Hat: https://keithsdebateclub.com/products/democracy-hatCall me and ask a question or leave a comment: ‪[phone]‬Follow me on Facebook: https://www.facebook.com/thekeithedwardsshow/Follow me on Instagram: https://www.instagram.com/keithedwards/Follow me on TikTok: https://www.tiktok.com/@keithedwardsFollow me on X: http://twitter.com/keithedwardsFollow me on Threads: https://www.threads.net/@keithedwardsFollow me on BlueSky: https://bsky.app/profile/keithedwards.bsky.social

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Spider-Man, brand-new day in theaters, July 31st. reviewed by the New York Times called Baron Trump, a crypto visionary. All right, we have some big news. Donald Trump's sons have lost billions of dollars, and Donald Trump could very well be implicated in this. That's Baron Trump and Eric Trump. I'm going to bring you through all of it. Now, remember that Donald Trump has said himself

that his sons are trading on inside information. Here's what he told CNBC just a couple weeks ago. I feel badly in a way from my kids because every time my kids do, if they invest in a stock or if they go and do a bill, anything they do because the presidency is so powerful, so big, everything. If they buy a cupcake company, well, the energy to make the cupcakes is, you know, sort of like, how's my energy policy? So therefore you have a kind of like almost anything. It's kind of crazy. I mean, that's not the point of the video, but it's just crazy.

to me that he is just not able to talk in complete sentences here. I mean, his brain is really getting frightened. They do if they want to buy a truck, if they want to buy, you know, if they buy an energy efficient truck, they have inside information. I believe them. That's why when, that's why when Eric Trump said this, it was quite interesting. ...is going to go to a million dollars. I believe Bitcoin is going to go to more than a million dollars. I've said that over and over and over. And I've never had more conviction. than right now. So we're in the heyday of this industry. I believe big. Now, Donald Trump himself has said that he doesn't really understand crypto and that he is,

though he is the crypto president, he doesn't fully get it. And that's why it's really interesting to me that his son, Baron, has been put in charge of what we're calling the mean coin. Mr. Whitkoff, who works for President Trump and mispronounces meme coin, he apparently calls that MimiCoin, said that Baron Trump should be in charge of the meme coin. He was at the time an eight-year-old freshman in college, and giving him business experience and steering away from more scam-written segments of the crypto industry. They said the company's promotional materials reviewed by the New York Times called Barron Trump, a crypto visionary, and he said this, that its models, its business model remains murky.

One person involved in the business who spoke on the condition and anonymity to discuss the private planning and the platform would facilitate borrowing and lending in cryptocurrencies, the promotional materials say that the company isn't owned or managed by Mr. Trump. The Trump organization or Trump family members, though they may receive compensation. I don't believe that for a bit, do you? Now, very interestingly, the Trumps have created what they're creating what they hope to become a bank. The Trump's family crypto firm is expected to get federal banking privileges.

Here's a bit on this here. It says President Trump's family crypto business is expected to soon be allowed to operate like a bank. This is just last month. A decision would give U.S. companies a new route to steer money to the President. World Liberty Financial, the stable coin and trading platform co-founded by Trump and his three sons applied for a National Trust bank charter with the office of the comptroller of the currency or OCC on January 5th. The Trump appointed head of the OCC, Jonathan Gould, is due to

announce his decision soon and industry experts in congressional aid expect it to go in the Trump family's favor. Two former staffers at the banking regular speaking, the condition of anonymity for fear of professional reprisals, said it was, it is all but certain that the OCC will approve the charter for Trump's firm, but no one saying it was inconceivable that the application would be denied. Now, for the first time in history, a president is leaning on a bank regulator to give his private enterprise the implicit backing of the federal government. So think about like how your bank is FDIC insured.

meaning that you will always have the government to fall back on if your bank were to go bankrupt. That is what Trump is asking for his crypto business to have. Now, as one person wrote here, it's outrageous. It is outrageous. I think it's crazy. We haven't heard about it. Spokespeople for the White House and the OCC did not return requests for comment in a statement. David Wachshman, a statement.

spokesperson for World Liberty Financial said that despite the company's ownership, none of its leadership or employees work for the U.S. government and there is no conflicts of interest. It's just so interesting to me that there's never a conflict of interest when it's so obvious from the outside that what they're doing is highly, highly, highly conflicted. Now, I'm bringing this all up to say that Trump's sons who are obviously very deep in crypto, It's one of the ways in which Donald Trump has made a fortune. He used to actually be poor. He's not anymore because of his grifting and his selling of his access to himself and the Oval Office.

Well, the sons have wiped about $600 million from the family fortune over a disaster respect. Now remember, this is what Eric Trump was saying just a few months ago. The floodgates are opening, right? For the first time, Schwab is costing, you know, Bitcoin. Fidelity is costing Bitcoin. I'll never forget. I signed into a Fidelity account not too long ago. The first thing that pops up is this little icon, would you like to create a Fidelity digital asset wallet? You know, and I said yes. I literally clicked yes on it. All of a sudden you could buy Bitcoin on there. You look at what Chase is doing. You look at what all the major banks are doing, right? I mean, all of a sudden, you're no longer trying to do, you know, Bitcoin, buy Bitcoin using a ledger and using, you know, defy. You know, you can, you can, you can literally buy it through spot ETFs for the first time and every bank is cussying it. I mean, we are on the one yard line of cryptocurrency and we've got another whole field to run as explosive as it's been. So I do think it hits a million dollars eventually. I've never been more bullish on anything in my life.

So he bet big on crypto. He bet very big on crypto. Well, that was to their detriment because American Bitcoin Corporation is very much so down. one of Donald Trump's sons got ahead of reports that he lost the first family more than 600 million to by posting a cloning online tribute to his father saying here I'm deeply honored that at 501 Trump Force One will be the first plane to land the newly renamed Palm Beach Airport now and forever President Donald Trump International Airport he wrote and then he goes on to say here that Eric Trump spearheaded the efforts to rename the airport in his father's honor he's

also, according to Bloomberg, published less than two hours after his post, played a big role in wiping hundreds of millions of dollars of his family's fortune and a disastrous bet with the crypto industry. So this is him trying to save face over what you're seeing here. It goes on to say that the American Bitcoin venture, which the younger Trump helped launch and now steers as chief strategy officer, has cratered since going public last year. shedding over 95% of its September high. Things got so bad that the company had to pull an emergency maneuver bundling over 15 shares into one. Just to stay listed on the NASDAQ stock index, the price hit a record low on Wednesday.

Bloomberg calculates the clash has wiped out more than $600 million of Eric Trump's stake in the space of 10 months. His brother, Donald Trump Jr., also advises the firm, their father, weighed in over $1.4 billion in crypto just last year. Eric's move had been to bet big on Bitcoin itself as the coins price sank, and investors piled onto artificial intelligence last year. Rival miners like Riot Platforms and Mara Holdings rented out their computing power to AI companies and their stock store. So he really should have made a bet on.

on the thing that powers Bitcoin, because that's the same thing that powers AI. Instead, he made a big bet on Bitcoin and it's bitten him in the ass. And Donald Trump said this, just the other day around all of this. Here we go. Someone's already claiming this is our year.

Someone else said that last year too. A round of Jameson, ginger, and lime arrives at the table. Smooth enough for kickoff, smooth enough for extra time. New friends, pulling up a stool. Debates about whether that was a handball. Cheers rising like a roar around the room. Because match days are about the shared moments. Added Jameson to your match day lineup. Jameson, it's what you bring. Please enjoy our products responsibly. This spring, denim gets a softer, lighter update. Introducing Old Navy's drapey denim wide leg,

a new fit that moves with you. It's everything you want denim to feel like for summer. Easy, breathable, effortlessly cool with a fit that creates natural movement and a wide leg that feels modern not overwhelming plus that signature wait for this price moment old navy's drapey denim wide leg last year what the average americans especially well i you know i don't get involved in my personal we have funds that run my money well i've made a lot of money before i became president and they invest my money and i don't talk to them i never i don't even speak to them so i have many people i don't know what they call closed accounts or something you put your money in and that's it i don't talk to them they're big institutions that's not true Donald trump 100% is very involved

with his money and it is baron and eric who just lost a fortune for him and just real quick Baron Trump is worth, they're saying around $150 million. He gives his 19-year-old credit for showing him thing or two on crypto, the source of the president's quickly expanding fortune. Baron, who taught his dad what a wallet is, co-founded World Liberty Financial. Most financial advisors wouldn't advise getting your parents into crypto, but most parents aren't about to be elected president.

This is written just before Donald Trump became president for the second time. And when Dad won, World Liberty exploded, Forbes estimated that it's added over $1.5 billion to the Trump family fortunes about 10% of which, or $150 belongs to Barron. So they're all deeply invested in this stuff. And so the best thing we could hope for is that this all freaking collapses. We're going to keep watching it. If you want to, hit like, subscribe, and I'll see you soon. I'll just say that it's a bad day for the Trump's good day for America. If you want a $3,000 a month payday for life, what would you feel free to do?

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