- Trump accused George and Alex Soros of funding violent national protests.
- Open Society Foundations rejected allegations, stressing peaceful democratic engagement.
- El Salvador boosts Bitcoin reserves while analysts warn U.S. lags.
President Donald Trump recently escalated his criticism of billionaire George Soros and his son Alex. He accused them of financing violent protests across the United States. Trump called their actions a threat to national stability and demanded RICO charges. His remarks emerged as discussions also grew about America’s role in the global Bitcoin market.
Trump Targets Soros and Open Society Foundations Response
In a statement, Trump described George Soros and Alex Soros as “radical left” figures. He said they backed violent protests and had torn apart communities nationwide.
Trump urged authorities to bring RICO charges, describing their conduct as organized crime. He called the Soros family and associates “psychopaths” and warned they were under close monitoring.
According to Trump, their ties extended to “crazy, West Coast friends” who pushed the same agenda. He said he would not allow such networks to destabilize the country again.
Political commentator Shadow of Ezra reported that Trump demanded the public arrest of both George and Alex Soros. The report highlighted Trump’s vow that he would never let them tear America apart.
The Open Society Foundations, established by George Soros and now chaired by Alex Soros, dismissed the accusations. A spokesperson described Trump’s claims as “false and outrageous.”
The organization said its mission is to promote human rights, justice, and democracy. It stressed support for constitutional freedoms, including free speech and peaceful protest.
According to the New York Post, OSF donated $4 million in 2023 to Community Change and Community Change Action. These groups support “Free DC,” an advocacy network that organized protests against Trump. Community Change states its goal is to build political influence for low-income communities of color.
OSF clarified that its grantees must act lawfully and commit to nonviolence. It emphasized that it does not pay people to protest or coordinate demonstrations. The foundation also reiterated its opposition to violent unrest of any kind.
Bitcoin Concerns and Global Comparisons
While Trump focused on political unrest, critics warned he risks neglecting digital assets. They pointed out that the United States has one of the lowest Bitcoin Per Capital (BPC) rates globally. Observers said this places the country at a disadvantage compared to smaller nations.
El Salvador ranked second worldwide in BPC through aggressive national adoption of cryptocurrency. Supporters argued this strategy could give the nation a long-term financial edge. President Nayib Bukele fueled speculation with a post stating, “I could do the funniest thing right now.”
Kalshi analysts projected a 25% chance that El Salvador’s Bitcoin reserves could reach $1 billion before December. They noted Bukele’s comments often precede major announcements and advised traders to monitor developments closely.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
