Roger Stone wants Mark Kelly’s “execution” after Trump’s crypto haul criticism

Roger Stone has called for the “execution” of Democratic Senator Mark Kelly after his criticism of United States President Donald Trump’s crypto haul. Stone, a Republican strategist, mentioned this because the lawmaker accused Trump of cashing in on his tokens from a position of power in the White House.

According to previous reports, the Arizona Senator introduced legislation banning cryptocurrency-related corruption by federal government officials. The End Crypto Corruption Act seeks to ban the President, Vice President, Senior Executive Branch Officials, and their immediate families from issuing, endorsing, or sponsoring digital assets such as meme coins and stablecoins. The Senator had also previously slammed the $TRUMP meme coin, calling it a “corruption in daylight.”

Now, Trump has been actively promoting investment in the token from the White House, in addition to hosting a dinner for top investors in the token later this month, where each investor pays $1.5 million for the event. Many of the investors are non-Americans and have raised concerns that they may be seeking favors from Trump in exchange for benefits that may not be in the interest of America.

Roger Stone wants Mark Kelly investigated for treason

Roger Stone, in reaction to the development, has accused Kelly of treason. According to his post on X, he added that Kelly has been using his seat in the Senate as a partner of the Chinese communist company that makes spy balloons. “Senator Mark Kelly is cashing in on his US Senate seat as a partner in a Chinese communist company that makes surveillance balloons. He should be charged with treason and, if convicted, executed, consistent with federal law,” Stone said on X.

Senator Mark Kelly is cashing in on his US Senate seat as a partner in a Chinese communist company that makes surveillance balloons. He should be charged with treason and if convicted executed , consistent with federal law. https://t.co/wqVMFxFchr

— Roger Stone (@RogerJStoneJr) May 8, 2025

Kelly, a former astronaut, was a co-founder at the Tucson-based Arizona firm World View Enterprise, specialising in high-altitude balloon near-space exploration. Chinese firm Tencent was an investor in the company from 2013 to 2016, with Kelly’s stock in the company reportedly being held at a blind trust since 2021.

Democrats have been trying to crack down on what they described as “cryptocurrency corruption by Trump and other government officials.” The development has also gotten some Republicans worried, with Wyoming Senator Cynthia Lummis and Alaska Senator Lisa Murkowski openly suggesting that it is improper for a president to openly profit from digital assets while still in office. Senator Lummis has also called for a regulation that would address the issue.

Trump’s investor dinner raises eyebrows

There have been concerns and raised eyebrows after investors in Trump’s meme coin started submitting bids to become one of the Top 220 owners of his digital asset. The move has been seen as one that could earn them an invite to a dinner with the president at his Virginia golf club later this month. While about 80% of the meme coin supply is controlled by the Trump Organization and close associates, about 19 of the top 25 investors use foreign exchanges that are closed to United States residents.

The opportunity to be invited to a dinner with the American president has triggered a buying frenzy, with the move triggering a 20% jump in the value of the meme coin. According to reports, the Trump family has raked in profits of about $320 million from the meme coin since January. When challenged about profiting off the presidency by NBC’s Kristen Walker, Trump said, “I’m not profiting from anything.” He further added that if he owns a stock in a product and he does a good job and the value goes up, it means he is profiting.

The controversy surrounding the Trump token comes as his sons Eric and Donald Trump Jr, have been embarking on a world tour in the last few weeks to prop up business, making stops in Europe and the Middle East. The pair has carried out acts that are related to Trump-associated businesses, which could directly benefit the president. However, the Trump Organization has mentioned that the president’s businesses and assets are in a trust while he’s president, and he has no direct links to them.

Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot