Sic Transit

Here’s a morsel of news that shows you how far we’ve come over the last eight years. Donald Trump made a heavy play for the crypto world in the last campaign, promising to be a “crypto president” and courting donors in that space. He’s now in talks to buy (through the parent company of Truth Social) the crypto trading firm Bakkt. This comes after he already founded his own new crypto venture, World Liberty Financial. Bakkt was formerly led by former appointed Sen. Kelly Loeffler, who was later defeated by Sen. Raphael Warnock. This was when Loeffler was an executive at Atlanta-based Intercontinental Exchange (ICE), the parent company of The New York Stock Exchange. Loeffler’s husband Jeff Sprecher is ICE’s CEO. Both Loeffler and Sprecher remain major backers and financial supporters of Donald Trump.