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MeidasTouch host Ben Meiselas reports on how the Trump NFT rollout has the hallmarks of a money laundering scheme.Read Kurt Eichenwalds report here: https://threats.substack.com/p/trumps-trading-card-grift-is-worseShop Meidas Merch at: https://store.meidastouch.comJoin us on Patreon: https://patreon.com/meidastouchRemember to subscribe to ALL the Meidas Media Podcasts:MeidasTouch: https://pod.link/1510240831Legal AF: https://pod.link/1580828595The PoliticsGirl Podcast: https://pod.link/1595408601The Influence Continuum: https://pod.link/1603773245Kremlin File: https://pod.link/1575837599Mea Culpa with Michael Cohen: https://pod.link/1530639447The Weekend Show: https://pod.link/1612691018The Tony Michaels Podcast: https://pod.link/1561049560American Psyop: https://pod.link/1652143101
Duration
18m
Broadcast on
19 Dec 2022
Audio Format
other
Our presenting sponsor today is Enthropic, the team behind Claude. Enthropic is a research company first, built to make sure the transition to powerful AI goes well. When they launched Claude in 2023, its first users were businesses. Since then, it's been tested inside leading startups and enterprises. At DoorDash, a code migration that would have taken four engineers months to complete took one person three weeks. At Carvana, one team used to hunt through old tickets and code to answer a question. With Claude, they get answers 65% faster. And at Rakuten, engineers have achieved 99.9% accuracy on tough coding jobs using Claude. Today, nine Fortune 10 companies run on Claude. For the work, they want to get right. And these businesses are helping Enthropic shape what comes next. Build your business with support from Claude at Claude dot AI slash Odyssey. I'm Ben Mysellus from the Midas Touch network. I want to talk about why this Trump NFT announcement and what's transpired since the announcement has all of the hallmarks of a money laundering scheme. Now to be very clear, I have no evidence supporting that that is actually what is taking place here. However, it is consistent with conduct that people who engage in money laundering do engage in. So let me break it down for you this way. So first and foremost, we know that the entities involved in this transaction, one is called NFT International LLC. The other is called CIC digital LLC. And so CIC digital LLC, believed to stand for commander in chief, digital LLC, believed to be created by people affiliated and close to Donald Trump. That entity CIC was created in Delaware approximately nine months ago and under Delaware law, the actual names of the officers and directors do not need to be listed to the public. Also creating LLCs in Delaware allows the control to be held by a single shareholder and provides a number of other advantages to businesses that may want to keep a lower profile. NFT International LLC is also a pretty shady ambiguous group and NFT International LLC purchased the license from CIC digital LLC to produce these Trump NFTs that are ridiculous. The photos of Trump in the Tuxedo, the photo of Trump hugging an elephant, the photo of Trump in a spacesuit, which Trump says, these were iconic moments of my life and my presidency. I mean, it's completely absurd. And he was selling 45,000 of those NFTs at $99 each. And so in a traditional licensing arrangement, NFT International would normally pay CIC digital LLC, which here would be the rights holder of Donald Trump's name, image, and likeness. You'd pay in advance, which is usually a significant upfront payment. And then you'd also pay a royalty. And so if you do the math here and you sold all 45,000, that would equal about 4.5 million as part of the NFT transaction. NFT International LLC makes an additional 10%. If these are sold again, every time these NFTs are sold again. But just if you want to use a number about 4.5 million, you want to add another two or three million based on other sales of this changing hands. And you go at the top end, what would they estimate their projections of this to make with these first 45,000 at the highest end, somewhere between $5 and $10 million. So what are you talking about the type of advance that Donald Trump took here to be utterly humiliated with this ridiculous and absurd announcement? Maybe $3 or $4 million advance. And then a royalty going forward. But the max, this endeavor is going to make is about $10 million on its best day dripping wet. So going back to NFT International LLC, and you look at the website that is provided on the collect Trump cards website, and that address goes to 6,300 Sagewood Drive in Park City, Utah. That is supposed to be the offices of NFT International LLC. But if you go and you look at what is 6,600 Sagewood Drive in Park City, Utah, it is a strip mall. And you go to this specific address, it's actually just a mailbox in a UPS store within the strip mall that they're claiming to be the offices of NFT International LLC. So then you look, is there other potential addresses of NFT International LLC? And there is, there are two alternative addresses, both in Cheyenne, Wyoming. And so one is on Pioneer Ave, and the other one is in Them's Ave, both in Cheyenne Wyoming. And the first one on Pioneer Ave, it's in this building that has a lot of other businesses that have also engaged in shady dealing. Same things about this address on Them's Ave. Here, let me just pull up the photo. This is the Pioneer Ave one for all those on audio. We're

Transcription truncated.

MeidasTouch host Ben Meiselas reports on how the Trump NFT rollout has the hallmarks of a money laundering scheme.Read Kurt Eichenwalds report here: https://threats.substack.com/p/trumps-trading-card-grift-is-worseShop Meidas Merch at: https://store.meidastouch.comJoin us on Patreon: https://patreon.com/meidastouchRemember to subscribe to ALL the Meidas Media Podcasts:MeidasTouch: https://pod.link/1510240831Legal AF: https://pod.link/1580828595The PoliticsGirl Podcast: https://pod.link/1595408601The Influence Continuum: https://pod.link/1603773245Kremlin File: https://pod.link/1575837599Mea Culpa with Michael Cohen: https://pod.link/1530639447The Weekend Show: https://pod.link/1612691018The Tony Michaels Podcast: https://pod.link/1561049560American Psyop: https://pod.link/1652143101