'I have never seen such open corruption': Trump's crypto deals and loosening of rules shock observers

Cryptocurrency multibillionaire Justin Sun could barely contain his glee. Last month, Sun publicly flaunted a $100,000 Donald Trump-branded watch that he was awarded at a private dinner at Trump's Virginia golf club. Sun had earned the recognition for buying $20m dollars of the crypto memecoin $Trump, ranking him first among 220 purchasers of the token who received dinner invitations. Trump's much-hyped 22 May dinner and a White House tour the next day for 25 leading memecoin buyers were devised to spur sales of $Trump and wound up raking in about $148m, much of it courtesy of anonymous and foreign buyers,…