US DOJ Accused Of Political Persecution By Pro-Bitcoin Trump, Is SEC Next?

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As a seasoned observer and analyst of political events, I find myself intrigued by Donald Trump’s recent moves. His decision to sue the US Department of Justice (US DOJ) for $100 million is reminiscent of his tenacious spirit, a trait that has defined his career from real estate to politics. It seems that he is once again leveraging legal action as a means of asserting his beliefs and challenging perceived injustices – a strategy he has employed effectively in the past.

A GOP presidential hopeful who supports Bitcoin, Donald Trump, is persistently criticizing the politicization of American government bodies. In a recent move, Trump has announced his intention to file a lawsuit against the U.S. Department of Justice (US DOJ), claiming $100 million in compensation for alleged wrongdoings.

Donald Trump Targets US DOJ Ahead Election

Donald Trump, former U.S. President, plans to file a lawsuit against the United States Department of Justice for an estimated $100 million in damages, claiming the government’s unexpected search of his Mar-a-Lago estate in Palm Beach, Florida, in 2022 was politically motivated. Lawyers acting on Trump’s behalf assert that the raid was aimed at political persecution, as reported by Fox News on August 12.

In a memorandum, he asserted that the U.S. had engaged in “wrongful behavior towards President Trump.” His lawyers are preparing to take the matter to court, as they intend to file a lawsuit following the federal investigation into allegations that President Trump improperly held on to classified documents, as per the U.S. Department of Justice.

Legal representatives stated that Special Prosecutor Jack Smith has indicted the former president on 37 felony charges, such as knowingly keeping classified national defense information, conspiring to obstruct justice, and making false declarations. However, U.S. District Judge Aileen Cannon recently dismissed the case, ruling that Smith’s appointment and funding were illegal.

In simple terms, Daniel Epstein stated that Trump isn’t only defending himself; rather, he’s advocating for every American who values justice and fairness, those who feel the government should be held responsible when it makes mistakes.

Simultaneously, he has returned to the X platform following many years. An advertisement emerged featuring Trump’s slogan “Make America Great Again,” underscoring his unwavering commitment in the U.S. elections.

Is US SEC Next After Justice Dept?

Following his tenure as president, the ex-president frequently and openly criticized the U.S. Department of Justice (DOJ) and Federal Bureau of Investigation (FBI), accusing them of politicizing their investigations against individuals he perceived as adversaries. It’s worth noting that American Oversight previously disclosed that this former president often urged the Justice Department to probe individuals whom he considered political rivals, particularly his main opponent in the 2016 general election, Hillary Clinton.

Initially, Donald Trump had a negative view towards Bitcoin, much like his initial position on it. But with an election focusing on cryptocurrencies, his perspective has shifted. At a Bitcoin Conference, he declared supportive policies for Bitcoin, such as considering it as a reserve asset.

As an analyst, I can say that during his potential presidency, he expressed his intention to terminate the position of SEC Chair Gary Gensler on his first day in office. This action signifies his strong support and commitment towards the crypto industry. Notably, he has successfully amassed substantial funds in cryptocurrency donations for his campaign against Democratic presidential nominee Kamala Harris.

Trump is set to join X Spaces for a conversation with Elon Musk in an effort to boost his chances at winning the election. As things stand now, according to Polymarket’s prediction market, Trump has approximately 45% odds of winning, while Kamala Harris currently leads with around 52%.

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2024-08-12 20:18