You'll be surprised: how much has the Trump family earned on cryptocurrencies?
In July, Bloomberg wrote that the family of the US President earned $620 million on participating in or investing in cryptocurrency projects. But The New Yorker conducted its own investigation based on official financial documents. The journalists believe that the number of their colleagues is too low. According to The New Yorker’s estimates,…
The Financial Times' «dumb writers» were right: Trump Media suddenly remembers that it will buy $2.5 billion worth of bitcoin after all
Trump family media company Trump Media and Technology Group (TMTG), the company behind Truth Social, wants to raise about $2 billion in new capital and another $1 billion through convertible bonds. These funds will be used to buy bitcoin and other cryptocurrencies, six insiders told the Financial Times. The publication added that the terms,…
Trump's crypto-oligarchy: millions of dollars, political manipulation, and the shadow of a conflict of interest
The Trump family not only has a significant impact on global crypto trends, but has also significantly expanded the share of projects it owns directly or indirectly. This potentially leads to the creation of a «crypto oligarchy». Although, perhaps, this can already be called a fact. From the beginning leading crypto companies spent millions of…
Trump's sons to launch American Bitcoin
The sons of US President Donald Trump, Eric and Donald, have announced the launch of a new bitcoin mining company called American Bitcoin in partnership with the well-known mining firm Hut 8. Together, they will focus on industrial bitcoin mining and the development of strategic reserve of cryptocurrencies. The project aims to become the…
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