Trump's crypto venture is likely operating a scam similar to the fraud perpetrated by Sam Bankman-Fried.

“It looks like World Liberty Financial, you know, that cryptocurrency company that's uh founded and run by Trump's sons. Sure seems like they're carrying out the same kind of fraud and bad behavior that you know that Freriedman guy, what was his name? Ah, remember the guy who uh was messing around wi”

Sam Bankman-Fried likely felt he was above the law and misused customer funds because he believed his intellectual superiority justified his actions.

“but he's somebody who just felt that he was always able because of the the power of his brain and and his ability to handle maths and deal with data which he realized was the kind of you know the most powerful thing in the world right now he felt that anything he did was allowable”