For all the damning rhetoric about Bitcoin and its use in enabling money laundering spewed from the Trump administration of late, you would think that those closest to the President have never dreamed of exploiting loopholes to avoid paying tax. However, shocker of all shockers, it turns out several key members of the US government were explicitly mentioned in the massive data leak known as the Paradise Papers in 2017.<\/p>\n
The Paradise Papers are huge cache of 13.4 million documents connecting more than 120,000 individuals and companies to offshore investments in tax havens. One of those listed in the files is none other than US Treasury Secretary, Steven Mnuchin.<\/a><\/p>\n Bitcoin finally seems to have grabbed the attention of the United States government. Since social media giant Facebook detailed its digital currency project Libra last month, both President Trump<\/a> himself, as well as the US Treasury Secretary Steven Mnuchin<\/a>, have expressed distaste about the potentially world-changing financial technology.<\/p>\n Donald Trump Not a Fan of Bitcoin And Crypto? Too Volatile, He Says@realDonaldTrump<\/a> has openly commented on\u00a0#Bitcoin<\/a>\u00a0and crypto assets. On Twitter no less. https:\/\/t.co\/9tAlGizVBS<\/a><\/p>\n — NewsBTC (@newsbtc) July 12, 2019<\/a><\/p><\/blockquote>\nMnuchin Sees No Issue with Tax Havens, Still Hates Bitcoin<\/h2>\n
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