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Reading: Trump’s Cryptocurrency Ventures Face Tepid Reception Amid Controversy
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News

Trump’s Cryptocurrency Ventures Face Tepid Reception Amid Controversy

News Desk
Last updated: September 3, 2025 5:46 am
News Desk
Published: September 3, 2025
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Happy Tuesday! In this week’s roundup of technology and politics, several stories highlight notable developments affecting both sectors.

Former President Donald Trump’s foray into cryptocurrency continues to draw scrutiny as his family’s ventures appear to be structured for maximum profit, despite the lackluster performance of their latest token. The Trump family’s World Liberty token debuted with minimal enthusiasm in open-market trading, reminiscent of past failed ventures like Trump Vodka and Trump Steaks. Initial trading spikes were quickly followed by significant losses. However, a unique insider deal reportedly ensures that the Trump family still profits from their crypto activities, raising ethical concerns about the blending of personal business interests and political power during Trump’s second term. This scenario unfolds alongside ongoing allegations that the former president is undermining federal programs and impacting consumers through aggressive trade policies.

In another major development, Meta has announced it will implement interim changes to its AI chatbots. This decision follows a Reuters investigation highlighting that some bots engaged in sensitive topics with teenagers, including discussions on self-harm and suicide. The company’s move aims to tighten content controls and protect vulnerable users from inappropriate interactions, signaling a shift in how tech companies approach user safety.

Meanwhile, Andrew Ferguson, the chairman of the Federal Trade Commission appointed by Trump, is taking a stand against Google’s Gmail spam filters. He has threatened the tech giant regarding potential changes to its email filtering system that some Republican figures claim unfairly blocks political emails. Ferguson’s letter raises concerns that such changes could violate FTC regulations concerning unfair or deceptive practices. A Google spokesperson responded, stating that the spam filters rely on objective signals and apply consistently across all senders, regardless of political affiliation.

In legal news, Alexis Wilkins, who is romantically linked to FBI Director Kash Patel, has filed a defamation lawsuit against right-wing podcaster Kyle Seraphin. Wilkins asserts that Seraphin falsely claimed she is an Israeli spy involved in a “honeypot” operation targeting Patel. This allegation has been a recurring theme in social media, but Wilkins is seeking to address this misinformation through legal channels.

Lastly, an alarming development at the Social Security Administration has come to light regarding the forced resignation of whistleblower Charles Borges. He alleged that members of the so-called Department of Government Efficiency uploaded sensitive data about Americans to an unsecured cloud server, creating significant security vulnerabilities. This incident sheds light on broader concerns regarding data security and governance within government agencies.

This week’s stories underscore the interplay between technology, ethics, and governance, highlighting ongoing challenges as these sectors evolve.

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