Democrats Declare War on Trump’s Crypto Scam with “Anti-Crypto Corruption Week” 🚀💰

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On a particularly sunny Friday, the top Democrat on the House Financial Committee, Congresswoman Maxine Waters, announced with a flourish that next week will be “Anti-Crypto Corruption Week.” This bold move is designed to thwart US President Donald Trump’s nefarious cryptocurrency schemes, which, according to Waters, are as transparent as a brick wall. It’s a direct response to the so-called “crypto week” initiative of the GENIUS Act, the CLARITY Act, and the Anti-CBDC bill—bills that Waters and her colleagues find as appealing as a root canal.

In an official notice that could double as a comedy sketch, Maxine Waters and Congressman Stephen Lynch introduced the “Anti-Crypto Corruption Week” bill, a legislative marvel aimed at uniting the Democrats to block the three crypto regulatory bills set for deliberation in Crypto Week, scheduled for the week of July 14th. It’s like trying to stop a leaky faucet with a Band-Aid, but hey, every little bit helps, right?

Both democrats called the bills “dangerous pieces of crypto legislation” and emphasized that these bills would encourage President Trump’s corruption in crypto. Waters, never one to mince words, reiterated that these bills only aim to enrich Trump, his entire family, and the billionaire insiders in his cabinet at the cost of investors’ protection. It’s like a buffet for the rich, and the rest of us are just there to watch.

Waters stated—

“These bills would make Congress complicit in Trump’s unprecedented crypto scam – one that has personally enriched himself […] all while defrauding investors.”

Key Highlights of Anti-Corruption Week

  • Both democrats claimed that crypto ventures linked to Trump’s family are corrupt and have generated over $1.2 billion for the president, which they aim to stop. It’s like finding out your neighbor’s lemonade stand is actually a front for a gold smuggling operation.
  • To block Trump’s crypto crimes, democrats are presenting amendments to block stablecoin bills and the crypto market structure bills. It’s like trying to put a fence around a fishbowl, but hey, you’ve got to start somewhere.
  • Democrats offered nearly 30 amendments to lessen the harm of the CLARITY Act bill and block Trump from profiting from the expense of crypto bills at the cost of consumers’ funds. It’s a bit like trying to stop a flood with a teaspoon, but every little bit counts.
  • The bill also highlighted the risk to consumer protection and stated that the Republican-led anti-CBDC bill will have devastating consequences on Americans’ financial lives. It’s like telling a fish it’s about to be out of water, but in legislative terms.

Conclusion

Congressman Lynch criticized Republican leaders and called them cowards by stating, “My Republican colleagues are eager to continue doing the bidding for the crypto industry while conveniently ignoring the vulnerabilities and opportunities for abuse that exist in crypto.” It’s like watching a magic show where the magician is the only one who doesn’t know the tricks.

Repeatedly, these US leaders have voiced their opinions, confronting Trump’s criminality in terms of cryptocurrency and digital assets in the country. Now, with the anti-crypto corruption bill, the democrats affirmed once again that they are not afraid and will keep reminding the public of the true cost of this corruption. It’s a battle of wits, and so far, it’s looking like a one-sided affair. 🤷‍♂️

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2025-07-12 16:23