December 18, 2025
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California’s Newsom pokes Trump, flagging convicted crypto allies CZ, Ross Ulbricht

Potential 2028 presidential candidate Gavin Newsom again goaded the president with a website highlighting ties to those with criminal records, including some in crypto.”, — write: www.coindesk.com

Potential 2028 presidential candidate Gavin Newsom again goaded the president with a website highlighting ties to those with criminal records, including some in crypto. Dec 17, 2025, 9:30 pm

California Governor Gavin Newsom is continuing his colorful public campaign attacking President Donald Trump’s reputation and behavior, this time launching a page on the state’s website purportedly “tracking Trump’s top 10 criminal cronies” — a list on which the crypto world features prominently.

The state’s own website includes the new page, with comments from Newsom: “Trump is a felon who surrounds himself with scammers and drug traffickers,” he’s quoted as saying. “We’re providing the public with a resource putting the facts in one place so Californians, and all Americans, can see who he elevates and who he protects.”

The site — otherwise seeking to make a point that California’s crime levels have declined — includes sections on former Binance CEO Changpeng “CZ” Zhao, whom Trump pardoned in October; Ross Ulbricht, the Silk Road founder whom Trump pardoned in his first month in office; and the co-founders of BitMEX, whom Trump pardoned in May. It includes stylized mug shots of those highlighted, including Trump, with a “FELON” stamp emblazoned on each.

The White House did not immediately respond to a request for comment on the site.

Newsom has been growing in national prominence as he continues an often tongue-in-cheek mocking of the president on social media, and the governor is widely considered a potential Democratic presidential contender in 2028.

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CFTC’s acting chief Pham poised to go to crypto firm MoonPay once Mike Selig lands

Caroline Pham, acting chairman of the Commodity Futures Trading CommissionThe leader of the derivatives regulator is planning to join the crypto industry as the CFTC and other federal regulators work on policies to benefit the sector.

What to know:

  • Commodity Futures Trading Commission Acting Chairman Caroline Pham confirmed again that she’s heading to crypto firm MoonPay when the Senate confirms her replacement and he’s sworn in.
  • President Donald Trump’s CFTC chair nominee Mike Selig was set for a Senate vote Wednesday evening, according to that chamber’s schedule.
  • Selig, currently an SEC official, would arrive at the CFTC just as several of Pham’s crypto initiatives have gone live.

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