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THE FIRST FAMILY Reporting Niceynoitallnews

Precious Badran Journalist for the indigenous

Nicey No it All News

Journalist for the Indigenous

 

 

Prosecuting Attorney Precious S. Badran vs. Defendant Donald J. Trump Court: U.S. Federal District Court Case: Allegations of Constitutional and Securities Violations by the President of the United States Charges Against Defendant Donald J. Trump

Prosecuting Attorney Precious S. Badran vs. Defendant Donald J. Trump Court: U.S. Federal District Court Case: Allegations of Constitutional and Securities Violations by the President of the United States Charges Against Defendant Donald J. Trump 1. Violation of the Emoluments Clause ○ Legal Basis: Article I, Section 9, Clause 8 of the U.S. Constitution. ○ Allegation: President Trump profited from foreign entities purchasing his cryptocurrency ($TRUMP), resulting in undue foreign influence. This includes sales of tokens or financial benefits derived from foreign ownership of the cryptocurrency. 2. Conflict of Interest and Abuse of Power ○ Legal Basis: Ethics in Government Act of 1978. ○ Allegation: By promoting and personally profiting from $TRUMP while holding the highest office, Trump created a financial interest in cryptocurrency regulation. Actions to influence the market for personal gain violate ethical norms and undermine public trust. 3. Securities Fraud and Market Manipulation ○ Legal Basis: 15 U.S.C. §§ 78j(b) (Insider Trading and Market Manipulation). ○ Allegation: Trump's public promotion of $TRUMP through speeches and policies artificially inflated its value. Retaining 80% of tokens through Trump-affiliated entities constitutes manipulation, as the coin's success was directly tied to his influence. 4. Breach of Fiduciary Duty ○ Legal Basis: General fiduciary principles of public office. ○ Allegation: By engaging in cryptocurrency ventures, Trump prioritized personal financial gain over his duty to act in the best interest of the American public. Failures in the First 30 Days of Office 1. Promotion of Cryptocurrency for Personal Profit ○ Trump announced the launch of $TRUMP and used his public platform to promote the cryptocurrency, creating a direct financial interest. ○ This blurred the line between private enterprise and public duty, leveraging the power of his office for personal enrichment. 2. Potential Policy Manipulation ○ Cryptocurrency-related executive orders or regulations enacted during his administration could disproportionately favor $TRUMP and harm competing coins or sectors, raising questions about market favoritism. 3. Failure to Divest Financial Interests ○ Trump retained substantial personal holdings in $TRUMP (80% of the supply), creating a blatant conflict of interest. ○ No divestment of financial interests was made prior to his inauguration, contravening public expectations of presidential transparency. Applicable Laws Broken 1. U.S. Constitution: Emoluments Clause ○ Receiving benefits from foreign nationals who invest in $TRUMP without congressional approval. 2. Securities Exchange Act of 1934 ○ Fraudulent or deceptive practices in connection with the sale of securities ($TRUMP coin). 3. Ethics in Government Act ○ Failing to disclose or address conflicts of interest related to cryptocurrency ventures. 4. Federal Anti-Corruption Laws ○ Using the office to promote personal business ventures may fall under anti-corruption statutes, including potential violations of the Foreign Corrupt Practices Act (if foreign payments or influence were involved). Key Evidence for Prosecution 1. Public Statements and Promotion ○ Speeches, tweets, and public appearances explicitly promoting $TRUMP. ○ Evidence of market manipulation as the coin’s value surged immediately after public endorsements. 2. Financial Disclosures ○ Lack of divestment of personal financial interest in $TRUMP. ○ Retention of 80% of the coin's total supply through Trump-affiliated entities. 3. Market Impact Analysis ○ Evidence that cryptocurrency policies directly benefited $TRUMP while disadvantaging competitors. Prosecution's Argument The defendant's actions represent a clear breach of constitutional principles and securities laws, prioritizing personal financial interests over his fiduciary duties as President. The self-promotion of $TRUMP cryptocurrency violates the public trust, undermines market fairness, and jeopardizes the integrity of the presidency. Conclusion If proven, these actions demonstrate a systematic abuse of power for personal enrichment and a failure to uphold the ethical and legal standards required of the President of the United States. 4o President Donald J. Trump's creation and promotion of the $TRUMP cryptocurrency raise significant legal concerns under U.S. law. The primary legal framework applicable in this context is the U.S. Constitution's Emoluments Clauses. 1. Emoluments Clauses ● Foreign Emoluments Clause: Article I, Section 9, Clause 8 of the U.S. Constitution prohibits any person holding an office of profit or trust under the United States from accepting any present, emolument, office, or title from any foreign state without the consent of Congress. This clause aims to prevent federal officials from being influenced by foreign governments. CRS Reports ● Domestic Emoluments Clause: Article II, Section 1, Clause 7 prohibits the President from receiving any emolument from the United States or any of its states, other than the official compensation for the presidency. This clause ensures that the President's decisions are not swayed by additional financial gains from federal or state governments. Congress.gov If foreign or domestic entities, particularly those associated with governments, invest in or purchase the $TRUMP cryptocurrency, it could be construed as providing a financial benefit to President Trump, potentially violating these clauses. 2. Conflict of Interest and Ethics Regulations While the President is not strictly bound by certain federal conflict of interest statutes that apply to other federal employees, ethical considerations remain paramount. The Ethics in Government Act of 1978 mandates the disclosure of financial interests to promote transparency and prevent conflicts. Profiting from a personally promoted cryptocurrency could be seen as compromising the integrity of the office. FAS Project on Government Secrecy 3. Securities Laws Depending on how the $TRUMP cryptocurrency is structured and marketed, it might fall under the purview of federal securities laws. The Securities Exchange Act of 1934 prohibits fraudulent activities in connection with the offer, purchase, or sale of securities. If $TRUMP is deemed a security, any misleading statements or manipulative practices related to its promotion could lead to allegations of securities fraud. Conclusion In summary, President Trump's involvement with the $TRUMP cryptocurrency could potentially violate the Emoluments Clauses of the U.S. Constitution, raise significant ethical concerns under federal regulations, and, depending on the nature of the cryptocurrency, infringe upon federal securities laws. These issues underscore the importance of maintaining a clear separation between personal financial interests and public duties to uphold the integrity of the presidency. Token distribution Ownership of the token is largely concentrated in two Trump owned entities: CIC Digital LLC and Fight Fight Fight LLC, which together hold 80 percent of the coins remaining after the ICO. These holdings are scheduled for gradual release over three years The Information Commissioner's Office (ICO) is a non-departmental pub body in the United Kingdom that is sponsored by the Department for Science, Innovation and Technology. The ICO is responsible for upholding information rights in the public interest ICO HOLDINGS LIMITED people - Companies House - GOV.UK GOV.UK https://find-and-update.company-information.service.gov. ICO HOLDINGS LIMITED ; COUCHMAN, Paul Alan · December 1968 · British ; JORGENSEN, Oliver · December 1978 · British ; TAYLOR, Ian · October 1974 · English

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