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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsKrasnov's Debt Payment Was Coming Due On His 40 Wall Street Tower - Until
About 3 weeks ago Krasnov was due to make a debt payment on his Wall Street Tower. Making that payment was iffy for Krasnov with his liquidity in question and the occupancy of the tower was way down. People didn't want to stay there. The payment was around 114 million dollars.
The UAE enters the picture and invests 100 million dollars in digital crypto tokens issued by Krasnov's family. Shortly thereafter Krasnov pays off his debt on his 40 Wall Street Tower, it is now debt free.
What a coincidence, and a possible national security threat.
I have another thread ready about Krasnov's weakening of the US dollar and strengthening of crypto later.
58Sunliner
(6,273 posts)FalloutShelter
(14,207 posts)The criminal in the Oval.
AZJonnie
(2,917 posts)The one thing I consistently and relentlessly hammer Trump about on my FB page is his blatant corruption so I'd love a link to an article describing what you've spelled out here
ultralite001
(2,369 posts)AZJonnie
(2,917 posts)Not that a $114M payment was due, as the OP suggests. When I present stories about Trump to the world 'in real life', as I often do, I like them to have accurate figures. If they're not, it makes it too easy for (some) people to discount the whole thing you're saying, due to one inaccuracy. In fact, the lack of an imminent, huge payment becoming due more or less undermines the premise of the post, unfortunately. I absolutely would NOT be surprised if the two things are in fact linked (and hella fucking dangerous, as suggested) but there's not quite enough evidence to assert a causal relationship. Especially given sheer breadth of the Orange Menace's scams, cons, and emoluments violations.
ultralite001
(2,369 posts)Considering the staggering confusion of Krasnovs finances + the mind- boggling entanglements
+ utter lack of transparency + failure to tell folks the truth
its surprising to me the whole house of cards hasnt fallen yet
Krasnov is not that good a card player
he has major forces propping him up
Curious to see who his kids are aligning themselves w/ these days
The old man wont be around forever
+ they know it
muriel_volestrangler
(105,625 posts)So there's no problem at all with the OP.
AZJonnie
(2,917 posts)However to me it isn't clear whether this is an assertion by Trump's organization, or as a fact independently researched by the author, as the sentence reads: "The loan was due for repayment in early July, and the spokesman for the Trump Organization -- a term used by the president's family to describe its holdings -- said the building was now debt-free"
In fact, I would be entirely unsurprised if the main assertion of the story is BS, given the source: "June 23 (Reuters) - President Donald Trump's family business has paid off in full in cash the $160 million loan on its 40 Wall Street office tower in Manhattan, a Trump Organization spokesperson said on Monday,"
I would also be unsurprised if the supposed $100M 'crypto deal' was largely made up, and that the UAE actually now owns a large part of that building, or other things of value to Trump, through some shell company.
Who knows with this pathological liar and conman
MurrayDelph
(5,723 posts)with one of his casinos; daddy's people walked into the casino, bought several million bucks worth of chips, and walked back out again.
DENVERPOPS
(13,003 posts)with Russian Oligarchs renting them for beyond ludicrous rents, and never furnishing or living in them.....just leaving them empty......
You can bet that there are countless other totally corrupt scams that we don't even know about. My bet about one, is that with all these countries dealing with Trump for Tariff's, there are payments under the table so countries can get a much lower tariff.......
And we must not forget about the payoff to Jared and Ivanka by the Saudis.....TWO FUCKING BILLION DOLLARS.....most certainly about Top Secret info on our military capabilties, and intel on other countries about their Top Secret military's info.....Those two sure have taken the money and run distancing themselves from Daddy Dearest in a big hurry.........
Attilatheblond
(8,366 posts)Women sent to live in condos/apts Russians paid Trump for. Those women were pregnant and stayed in US long enough to give birth to babies thus endowed with duel citizenship AND US passports/visas.
Some of those babies, taken back to Russia by their moms, might be old enough to have been enrolled in Putin's school for future spies.
LastLiberal in PalmSprings
(13,284 posts)Sounds like a scam to me. Thank God we've got a president who's courageous enough to put an end to this charade.
Of course, during his first term Trump didn't let his properties to be used to forward this scheme.
Midnight Writer
(25,156 posts)Trump is an expert at money laundering.
In fact, the whole Republican apparatus is expert at money laundering.
spanone
(141,075 posts)Johonny
(25,554 posts)I assume we will continue protecting SA
Blue Full Moon
(3,198 posts)There is a real risk of another Great Depression with the plan that crypto currency will be safe and they plan to buy everyone out. Receate Russia here.
DENVERPOPS
(13,003 posts)crashing the stock market, wiping out everyone's investments and retirement funds in a flash. Bringing the entire 99% to their knees literally overnight..........Along with crashing Social Security, medicare, medicaid, disability, etc
AllaN01Bear
(28,657 posts)hovver and his ilk didnt do a dang thing to pevent it as the rich wanted their monies back but it backfired on many of them too also
slightlv
(7,448 posts)crypto is only a part of it. I see the first and main player being his TACO status with the tariffs. But I've been saying for quite a few years now that he plans on gifting us with a Great Depression 2.0, that will be even worse than the first. His policies have already kicked enough people out of their homes that they could form "trumpervilles" if they so dared. Only today, ICE would come in and shoot everyone in the tents and hovels and then bulldoze everything before the media ever considers running a pic, let alone a feature.
DENVERPOPS
(13,003 posts)I call us "realists"............
multigraincracker
(37,032 posts)What could possibly go wrong?
edhopper
(37,104 posts)but will be ignored.
Sogo
(6,994 posts)TSF!
gab13by13
(31,351 posts)was used to pay off his loan. How the fuck could one prove that, that's the main point of this crypto bullshit.
Also, how many Democratic Senators voted last month to boost crypto? Quite few.
Also, give me a list of reputable sources for me to link to. I mainly get my news from listening to people on freespeechtv.org. who I trust.
Watch the dollar closely, it's the canary in the coal mine.
LymphocyteLover
(9,412 posts)wryter2000
(47,940 posts)From gift and coercion?
gfarber
(211 posts)Three weeks back, Trump faced a great test,
A tower's big debt left him stressed.
But lo! From the UAE,
Came a crypto cash spree
Now it's paid, but was that in the nation's best interest?
Trumps tower debt loomed like a wall,
With no cash, he was due for a fall.
Then UAEs coin
Made his problems disjoin
Now he's paid. National threat? That's the call.
Trumps tower was deep in the red,
No cash! all his bankers had said.
But crypto came in
From Gulf oil and grin
Now its debt-free
and trust hangs by a thread.
live love laugh
(16,210 posts)AZ8theist
(7,107 posts)calimary
(89,141 posts)We do get new members and visitors here, and seems to me its something good for THEM to know.
And for some of us others, well, sometimes memory leaves on vacation.
AZ8theist
(7,107 posts)To paraphrase Malcolm Nance:
"Coincidence takes a lot of bribery, corruption, grifting, and treason "