Peter Schiff, a crypto critic, American stockbroker, and economist at Euro Pacific Capital, has accused President Donald Trump of carrying out the largest crypto fraud in history.
Peter Schiff, a crypto critic, American stockbroker, and economist at Euro Pacific Capital, has accused President Donald Trump of carrying out the largest crypto fraud in history.
Schiff is convinced that a US Congressional investigation into the president’s crypto schemes is now necessary, he says on X (Twitter).
The crypto critic raised several questions that deserve answers, including:
In his call for scrutiny, Peter Schiff also emphasizes the need to review all emails or text messages related to any members of the president’s staff, family or friends, and campaign donors and Truth Social employees. This will make it possible to understand whether any of them used the information to trade cryptocurrencies.
As a reminder, yesterday, US President Donald Trump announced that Bitcoin, Ethereum, XRP, Solana and Cardano would be included in the country’s new strategic cryptocurrency reserve. This led to a rapid increase in the value of these coins, as well as the crypto market as a whole, by $300 billion.
