Trump Demands Fort Knox Audit After CIA Official Seized With $40M in Gold Bars

The post Trump Renews Fort Knox Audit Call After Ex-CIA Official Faces Gold Theft Charges appeared on BitcoinEthereumNews.com. Trump renewed his push for a physical inspection of Fort Knox after a former senior CIA official was charged with stealing more than 300 gold bars worth over $40 million from the federal government. The charges have intensified scrutiny over how the US tracks and verifies its gold holdings. Fort Knox has not undergone an independent public audit since 1974. CIA Official Charged With Stealing $40 Million in Gold Bars David Rush, a former senior executive-level CIA employee with top-secret clearance, was arrested on May 19 and charged with criminal theft of public money, per federal court filings in Virginia. Between November and March, Rush requested and received a significant quantity of gold bars and foreign currency for work-related expenses, according to an FBI affidavit. What he intended to do with those funds remains unclear. Federal agents searched his ho

The post Trump Demands Fort Knox Audit After CIA Official Seized With $40M in Gold Bars – Bitcoin News appeared on BitcoinEthereumNews.com. Key Takeaways FBI agents seized 303 gold bars worth approximately $40M from former CIA official David Rush around May 27, 2026. Fort Knox holds ~147M troy ounces of gold worth an estimated $662B at current market prices, last independently audited in 1953. Trump has called for a Fort Knox audit, but no date has been set as of May 31, with Rep. Massie’s H.R. 3795 still pending in Congress. Trump Posts, Then Explains Trump posted on Truth Social over the weekend, writing that it was “time to physically audit Fort Knox.” He tied the call directly to the arrest of David Rush, a former senior CIA official with top-secret clearance, saying government officials “steal a lot” and that Americans deserve verification that the reserves are intact. In a May 10 interview on Full Measure with Sharyl Attkisson, Trump said his administration had “played with” the

The post Here’s The List Of Would-Be Applicants To Trump’s Controversial $1.8B Slush Fund appeared on BitcoinEthereumNews.com. Topline This growing list captures the controversial allies of President Donald Trump saying they’ll apply for payments from his so-called $1.8 billion anti-weaponization fund—even as it faces criticism, and court challenges, calling it an unlawful move by Trump to seek a payout for political allies. Trump shakes hands with Mike Lindell, founder of My Pillow, on July 19, 2017. AFP via Getty Images Key Facts Michael Caputo: A former Health and Human Services spokesperson during Trump’s first term, Caputo was the first known applicant to the fund and is seeking $2.7 million, claiming he was unfairly targeted by an FBI investigation into Russian efforts to interfere in the 2016 election and another government investigation into a One America News documentary he produced about former President Joe Biden and Ukraine. George Santos (Photo credit: Getty Images): The f

The post FBI Seizes 127,000 Bitcoin in Global Scam Network Bust appeared on BitcoinEthereumNews.com. FBI’s Operation Blackout seized over $8 billion and dismantled a global crypto scam network. Nearly 2,000 trafficked workers were freed as authorities shut down scam compounds worldwide. The FBI says crypto fraud networks increasingly combine scams, money laundering, and trafficking. The FBI has broken up a vast cryptocurrency fraud network that authorities say stole billions of dollars from victims around the world. The operation, which stretched across Asia, Africa, the Middle East and the United Arab Emirates, targeted criminal groups accused of running online investment and romance scams while forcing thousands of people to work in scam compounds. As part of the crackdown, U.S. investigators seized more than 127,000 bitcoin linked to Cambodian businessman Chen Zhi, chief executive of Prince Holding Group, according to a Fox News report. Officials described it as the largest cryptocu

The post Stocks at Records as Oil Eases, Iran Tensions Linger appeared on BitcoinEthereumNews.com. The S&P 500 closed at a new record on 26 May 2026, finishing at 7,519.47 as megacap tech and resilient earnings pushed indices to fresh highs Reuters reported. Just days earlier, oil fell hard after U.S. President Donald Trump said negotiations with Iran were in “final stages,” sending Brent to roughly $105.76 and WTI to about $99.22 on 20 May—a 4–5% slide on the day, per Reuters. But relief has limits. On 27 May, OFAC sanctioned Iran’s new Persian Gulf Strait Authority—linked to the IRGC and accused of extorting vessels transiting Hormuz—adding it to the U.S. SDN list U.S. Department of the Treasury. Meanwhile, U.S. data cited by Reuters showed a near 10 million-barrel weekly draw from the Strategic Petroleum Reserve around that week—a record move that tightens safety stocks even as prices dip. The Big Picture Editor’s note: In Q1–Q2 2026, I kept hearing the same thing from energy PMs

Ethics concerns over Trump's crypto ties could stall regulatory progress, impacting bipartisan efforts for digital asset market clarity. The post Donald Trump jeopardizes Clarity Act as ethics concerns rise appeared first on Crypto Briefing.

The FBI seized over $8B in crypto and arrested 300 suspects in a global crackdown on scam compounds across Asia and the Middle East. The FBI has pulled off its biggest financial move yet. The bureau seized over $8 billion in crypto and arrested nearly 300 suspects in a sweeping global operation.  The crackdown targeted […] The post FBI Seizes $8 Billion in Crypto in Largest U.S. Forfeiture Ever appeared first on Live Bitcoin News.

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