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Home Cryptocurrency news Bitcoin

Time-Travel Crypto Once Backed by Trump-Appointed Acting Attorney General

Tony Spilotro by Tony Spilotro
2 years ago
in Bitcoin, Cryptocurrency news
Reading Time: 3min read
Time-Travel Crypto Once Backed by Trump-Appointed Acting Attorney General
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Acting U.S. Attorney General Matthew Whitaker once was involved in an alleged scam promoting strange inventions, including a time-travel cryptocurrency.

Attorney General Matthew Whitaker Backed an Alleged Scam Company

Earlier this month, United States President Donald Trump ousted Attorney General Jeff Sessions from his post after Trump grew increasingly frustrated with Sessions’ recusal from the Russia probe. 

In his place, Trump appointed the Chief of Staff under Sessions, Matthew Whitaker, to the role of acting U.S. Attorney General.

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The move sparked much controversy, with critics condemning Trump appointing Whitaker without approval from the Senate, which according to some violates the Constitution. And as is always the case with newly-appointed politicians, a witch hunt ensued and Whitaker’s shady past was uncovered.

Invention Scam Firm Worked on a Time Travel Cryptocurrency

Whitaker’s peppered history could have been erased, if the time-travel cryptocurrency he once backed ever came to fruition.

It turns out, Whitaker was once paid at least $10,000 in 2014 to serve on the advisory board of an invention company called World Patent Marketing. The newly-appointed Attorney General appeared in promotional videos, provided quotes in press materials, and in general showed a strong association with World Patent Marketing.

“As a former U.S. Attorney, I would only align myself with a first class organization,” he said in a press release issued by World Patent Marketing from back in 2014. 

Except World Patent Marketing ended up potentially being a complete scam, with the U.S. Federal Trade Commission filing a complaint against the firm over reports from consumers who went in debt or lost the entirety of their investments with the invention firm. 

The company was ordered by a Florida judge to close its doors for good and was forced to pay a settlement of $25 million.

Related Reading: Former Trump Advisor Joins Blockchain Startup

Among the invention scams World Patent Marketing was involved in, one such invention involved a cryptocurrency called Time Travel X that never saw the light of day.

Time Travel X was dubbed a “theoretical time travel commodity tied directly to price of Bitcoin.” In 2016, the company attempted to raise funds for the project by asking for bitcoin donations so World Patent Marketing could “make time travel a reality.”

As if a time travel cryptocurrency wasn’t strange enough, World Patent Marketing also announced a “masculine toilet” invention for “well-endowed men” so they can avoid having their genitalia touch toilet water. 

The firm also tried to bring Sasquatch dolls to retail, and suggested that Bigfoot does indeed exist, and that DNA evidence proved it.

Considering Attorney Generals like Matthew Whitaker are said to act as the “People’s Lawyer” for all citizens, the fact that Whitaker was involved in a company that was taken to court by the FTC for scamming consumers, is worrisome, and certainly calls Whitaker’s integrity into question.

Featured image from Shutterstock.

Tags: Acting Attorney Generalattorney generalbitcoincryptocurrencyDonald TrumpMatthew WhitakerTime travelunited statesWorld patent marketing
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Tony Spilotro

Tony Spilotro

I'm Tony Spilotro. Behind the pseudonym, I'm a digital media executive and global remote work leader with a decade of content experience and excellent. Here, I explore my newfound passions pertaining to privacy, finance, economics, politics, cryptography, property rights, and other libertarian-esque views. I am a Bitcoin evangelist, maximalist, and educator whenever I can be, helping to spread its message of freedom from government control, monetary policy mismanagement, and passing the buck - literally – to future generations. My journey from a curious retail crypto investor to a serious Bitcoin advocate, trader, and technical analyst is an unusual one, but life-changing nonetheless and has become less about money and more about a long-overdue revolution. While a firm believer in the laws governing math and science, I am profoundly fascinated by the impact of astrology and astronomy including moon and solar cycles and planetary alignment and their ability to influence and potentially predict markets. It hasn't yet clicked for me as to how to put anything to use, but I consider it my current rabbit hole I can't yet dig out of. My perspective of growing up alongside the internet, the dot com era, the Great Recession, and roots in video games collecting coins and rare items caused Bitcoin to immediately make sense to me. Through all of these lenses, I seek to produce content that is educational and entertaining, and I thank you sincerely for taking the time to read what I have to say. Please follow me on Twitter and feel free to drop me a line if you would like to work together.

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