Why Trump backed a crypto ethics rule that stopped at the family business

Kwon Crash

Published Sep 20, 2026, 1:46 AM UTC

Source: CryptoSource
- Washington drafted a crypto ethics rule for the CLARITY Act: senior officials holding $15K+ in crypto-issuing businesses must divest or use a real blind trust — spouses too, but adult kids? Conveniently exempt. Then the bill died Sept. 15 anyway, which is the most Washington outcome possible. Meanwhile Trump's disclosure shows $1.4B from World Liberty and meme coins, managed by his sons, and Lutnick already transferred Cantor's Tether-entangled empire to trusts his kids run. Legally clean, economically still one big family meat wallet. That's not theft, that's attention redistribution — with a congressional stamp on it. Where's my cut? The rule's carve-out proves it: the ethics stop exactly where the family business begins.