NewsletterFormer US President Donald Trump Prepares for Arrest by DoJ
Former US President, Donald J. Trump is preparing for his arrest later today as he acknowledged on his media platform Truth Social.
President Donald Trump Makes History
As gleaned from his multifaceted post on the Truth Social, the arrest is scheduled to be spearheaded by District Attorney Fani Willis in what will be an escalation of his indictment following the run on the capitol and his challenge to the Presidential election that brought President Joe Biden into office.
BREAKING: Trump to be arrested at 7.30pm ET pic.twitter.com/naP1BIXU84
— Mario Nawfal (@MarioNawfal) August 24, 2023
With the time set for 7:30 pm ET, the proposed arrest will be coming just a day after President Trump’s historic interview with Tucker Carlson on the Elon Musk-owned app, X. The interview took place at about the same time the Republican Presidential Debate was anchored live on Fox News, and surprisingly it has garnered an unprecedented viewing of about 236.5 million as of the time of writing.
The massive view underscores a number of arguments that cut across politics to the role social media, especially Twitter plays in national discourse. When Elon Musk paid $44 billion for Twitter as the platform was called at the time, he emphasized his agenda to make it a hub for free and uncensored speech.
The goal appears to be achieved and besides, the success of the show highlights how much of a lead President Donald Trump is in the Republican Party race when compared to top Bitcoin favorites like Florida Governor Ron DeSantis.
While the success of his interview is the highlight of the week for the Trump camp, it remains to be seen how much of an offset the arrest will be moving forward.
Future of Crypto Under Trump
President Trump has been somewhat less vocal about his plans for the broader digital currency ecosystem when compared to other candidates vying for the White House like Democratic Candidate Robert F. Kennedy Jr.
While this might appear as much of a concern, recent filings have shown that President Trump has a very rich portfolio of cryptocurrencies worth as much as $200,000 to $500,000 in Ethereum. Though these funds were attributed to royalties from NFTs of his image, it shows the world leader is somewhat aligned with the nascent asset class and may make decisions that may favor the industry if he wins the election.
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