US DOJ Accused Of Political Persecution By Pro-Bitcoin Trump, Is SEC Next?

Pro-Bitcoin Republican presidential candidate Donald Trump continues to target the politicization of government agencies in the United States. In a new development, Trump set to bring a lawsuit against the U.S. Department of Justice (US DOJ), seeking $100 million in damages.

Donald Trump Targets US DOJ Ahead Election

Former US President Donald Trump to sue the US Department of Justice for $100 million in damages over the government’s unusual 2022 raid on his Mar-a-Lago property in Palm Beach, Florida. Lawyers representing Trump allege that the raid was a “clear intent to engage in political persecution,” reported Fox News on August 12.

In a memo, he claimed it was a “tortious conduct by the United States against President Trump.” The legal team plans to file a lawsuit due to the federal investigation into his alleged improper retention of classified records by the US DOJ.

Lawyers added that Special Counsel Jack Smith brought 37 felony counts against the former president, including willful retention of national defense information, conspiracy to obstruct justice, and false statements. But the lawsuit was dismissed by the U.S. District Judge Aileen Cannon last month ruling that Smith was unlawfully appointed and funded.

“What President Trump is doing here is not just standing up for himself – he is standing up for all Americans who believe in the rule of law and believe that you should hold the government accountable when it wrongs you,” said his attorney Daniel Epstein.

Meanwhile, He is also back on the X platform after years. Trump released an ad about “We will Make America Great Again,” while also showcasing the Republican’s undeterred stance in the American elections.

Is US SEC Next After Justice Dept?

After his first term as President, the former President had repeatedly and publicly blamed the US DOJ and the FBI for politicization, in investigating his perceived enemies. Notably, American Oversight earlier reported that former President also regularly called upon the Justice Department to investigate individuals he viewed as political opponents, especially his 2016 general election opponent Hillary Clinton.

However, Donald Trump’s perception has changed, similar to his stance on Bitcoin. He was anti-Bitcoin, but the crypto-focused election has changed his outlook. During the Bitcoin Conference, he announces pro-Bitcoin strategies including making Bitcoin a reserve asset.

He also promised to fire SEC Chair Gary Gensler on day one if he became president. Trump affirmed his commitment to the crypto industry. He has raised millions in crypto donations for his presidential campaign against Democratic presidential nominee Kamala Harris.

Trump to appear on X Spaces for an interview with Elon Musk to increase his odds of winning the election. Currently, Polymarket prediction market indicates 45% odds of him winning the election against 52% for Kamala Harris.