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  1. Getty Images. Former US President Donald Trump has told Fox Business that he sees Bitcoin as a "scam" affecting the value of the US dollar. "Bitcoin, it just seems like a scam," Mr Trump said. "I ...

  2. Trump maintained that position after he left the office and as recently as 2021, when he told Fox Business in one interview that bitcoin “just seems like a scam.” In another interview with the ...

  3. On Sept. 9, the Federal Bureau of Investigation issued its annual report on cryptocurrency fraud. The FBI found that, in 2023, crypto-related fraud absolutely exploded, with $5.6 billion in losses ...

  4. Trump previously denounced bitcoin as a “scam” whose value is “based on thin air,” yet crypto investors seem to be rooting for a Trump president after his change of tune.

  5. 8 June 2021. Getty Images. By Mary-Ann Russon. Business reporter, BBC News. Former US President Donald Trump has told Fox Business that he sees Bitcoin as a "scam" affecting the value of the US ...

  6. During his time in office, then-President Donald Trump made it clear that he was "not a fan" of bitcoin and other cryptocurrencies.After leaving the White House, he even labeled them a "scam." But ...

  7. While there is a political calculus to President Trump accepting bitcoin, there’s a strong financial incentive as well. Trump made between $100,000 and $1 million selling NFT trading cards in 2022.

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