The value of the president-elect’s “official” crypto coin has gone to $US70 billion since its launch on Friday night. But no one should be celebrating its apparent success.
Just before he took office in 1977, former US president Jimmy Carter put his famous peanut farm into a blind trust. It was one of several measures that Carter, who died last month, announced before his inauguration to avoid potential conflicts of interest and other ethical concerns.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com