Dekleptocracy Alliance

06/07/2026

A foreign government fund put 500 million dollars into the Trump family crypto venture, and roughly 187 million reached Trump entities, in a deal signed by Eric Trump. A separate 2 billion dollar Binance investment was settled using the family's USD1 stablecoin. Weeks later the President pardoned Binance founder Changpeng Zhao, who had pleaded guilty to anti money laundering failures, and Senators Warren and Schiff moved to condemn it. World Liberty denies any conflict. The documented sequence is foreign money in, a pardon out. Read this week's edition. Link in the first comment.

06/07/2026

A presidential son-in-law who holds no government office is negotiating US policy across the Gulf, and his family fund is building a 1.4 billion euro resort on a protected Albanian island and wetland. Albania's anti-corruption prosecutors are asking how that land lost its protected status. For days, thousands have filled Tirana demanding the prime minister resign and chanting that Albania is not for sale. The fund is bankrolled almost entirely by Saudi, Emirati, and Qatari sovereign wealth, the same Gulf where Kushner shapes US policy. Foreign money in, US policy out. Read this week's edition. Link in the first comment.

06/07/2026

One man now runs the US intelligence community and more than half of the mortgage market at the same time. The President named Bill Pulte acting Director of National Intelligence this week while letting him keep the Federal Housing Finance Agency and the chairmanships of Fannie Mae and Freddie Mac. He has no intelligence background, spent his housing job filing criminal referrals against the President's opponents, and ordered Fannie and Freddie to count crypto as mortgage collateral while personally holding Bitcoin and Solana. This is how the Princeling incubator works, and the risk now rides on the largest purchase most families ever make. Read this week's edition. Link in the first comment.

06/05/2026

Bill Pulte has no intelligence experience. On June 2 he became Trump's acting Director of National Intelligence anyway, overseeing 18 agencies including the CIA and NSA while still running the federal housing agency.

His path to the job was a year spent aiming criminal referrals at the president's enemies. The conservatives and libertarians who built a movement on stopping exactly this have gone silent.

Corruption is not only stealing money or turning public power into a weapon. It is also the silence of the people whose movement exists to stop exactly this.

Reporting by Will Sommer at The Bulwark.

06/03/2026

Albania's anti-corruption prosecutors have opened an investigation into a €1.4 billion resort deal on protected land tied to Jared Kushner and Ivanka Trump. On December 30, Albania's Strategic Investment Committee — chaired by the Prime Minister — fast-tracked strategic investor status for a Kushner affiliate. The sale was reportedly kept secret from residents and parliament. Albania is investigating the President's family. Washington isn't. Sourced breakdown at dekleptocracy.substack.com

06/03/2026

The Kremlin announces CPAC Moscow.

Эксперты ОП РФ поддержали проводимую Россией спецоперацию

06/02/2026

In October the Trump administration announced one of the largest crackdowns ever on pig butchering crypto scams, indicting the chairman of Cambodia's Prince Group and moving to forfeit about 15 billion dollars in bitcoin. Less than a month later the Trump family crypto company World Liberty Financial put its USD1 stablecoin on the network of a venture called AB, whose planned East Timor resort had been led by two men sanctioned in that same crackdown.

World Liberty says it was a limited technology integration with no relationship to the sanctioned men and that its due diligence found nothing. The dates are not in dispute. The documented timeline and primary sources are at dekleptocracy.substack.com

06/01/2026

One forged message. 290 million dollars. A nuclear weapons program. On April 18 North Korea's Lazarus Group drained the KelpDAO bridge, and within weeks 14 billion dollars fled DeFi. The US Treasury and the UN have said for years that Pyongyang steals crypto to fund missiles and weapons of mass destruction. The industry keeps building the pipes. Read the breakdown at dekleptocracy.substack.com

05/31/2026

He wrote the law. Nine days later he ran the company it was written for.

Bo Hines is 29 years old. From January through August 2025 he was the first Executive Director of the Presidential Council of Advisers on Digital Assets, the body known as the White House Crypto Council. He helped shepherd the GENIUS Act, the federal stablecoin law, to passage. He resigned in early August. On August 19, 2025, Tether announced his appointment as Strategic Advisor. Nine days. On September 12, 2025, Tether elevated him to Chief Executive of Tether USAT, the U.S.-regulated stablecoin issued under the framework he helped write.

Cantor Fitzgerald, formerly led by Commerce Secretary Howard Lutnick, holds 5 percent of Tether and is the firm's long-time U.S. Treasury bond purchase partner. The Commerce Secretary's old firm holds a slice of the world's largest stablecoin issuer. The stablecoin issuer's new CEO is the man who helped pass its enabling legislation from inside the White House.

Tether's USDT is the dominant stablecoin in ransomware payments locking American hospitals, in sanctions evasion that funds adversaries, in romance scams draining American retirees. The federal framework that governs it was shaped by the man who is now its U.S. chief executive.

Full story at dekleptocracy.substack.com.

05/31/2026

The SEC dismantled itself. The numbers tell the story.

Under Chair Paul Atkins, who co-chaired the industry-funded Token Alliance lobby before taking the job, SEC enforcement collapsed to its lowest level in a decade. Total enforcement actions fell 27 percent, to 313. Actions against public companies fell 30 percent, from 80 to 56, and only four of those came under the new administration. Crypto-related cases fell 60 percent. Monetary settlements dropped 45 percent to 808 million dollars. The fiscal year 2026 examination priorities do not mention cryptocurrency or digital assets at all.

The dropped lawsuits include Coinbase, Binance, Gemini, Ripple, and Kraken. The case against Tron founder Justin Sun, the largest TRUMP memecoin holder and a 30 million dollar World Liberty Financial investor, has been stayed for over a year. Crypto class actions doubled in 2025 because retail investors have no other recourse.

Estonia and Monaco are out-policing Washington on crypto crime.

Rep. Stephen Lynch called the reputational damage to the SEC, in his own words, unbelievable.

Full tracker at dekleptocracy.substack.com.