The firm, which produces content for TikTok, recorded no revenue last year, but it announced this week that a mysterious stock sale would allow it to invest heavily in the $TRUMP memecoin.
Category: Securities and Exchange Commission
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Donald Jr. and Eric Trump Pursue New Deals That Would Enrich President Trump
The president’s older sons, Donald Trump Jr. and Eric Trump, spent the past two weeks traveling the world and announcing deals, many of which will financially benefit their father.
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Marjorie Taylor Greene Bought Market Dip Before Trump Paused Tariffs, Profiting From the Rally
The Georgia congresswoman purchased at least tens of thousands of dollars in stock the day before and the day of President Trump’s pause of a sweeping set of tariffs that sent the market soaring.
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Did Trump Manipulate the Stock Market?
President Trump’s post on social media caused the stock market to respond in an unusual way. Rob Copeland, a finance reporter for The New York Times, explains whether this could be considered market manipulation by the president.
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Warren Urges S.E.C. to Investigate Trading Around Trump’s Tariff Pause
The president told his social media followers it was a “GREAT TIME TO BUY” hours before announcing a reversal on tariffs that sent markets soaring.
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Trump’s Encouragement of Stock Investors Draws Scrutiny
Was the president manipulating the market with his comments, as his critics say, or reassuring Americans, as the White House maintains?
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The SEC Has a Lone Democrat, Caroline Crenshaw
Caroline Crenshaw, the lone Democratic commissioner at the Securities and Exchange Commission, is offering dissenting views at the regulatory agency reshaped by President Trump.
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At Crypto Summit, Trump Says U.S. Will Be ‘the Bitcoin Superpower’
The first-of-its-kind event at the White House with top crypto executives and the president showcased Mr. Trump’s embrace of the once-renegade industry.
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S.E.C. Declares Memecoins Are Not Subject to Oversight
The agency said the novelty digital assets were not securities, a month after President Trump issued his own memecoin.
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Crypto Trader OKX Pleads Guilty to Running Illegal U.S. Operation
Federal prosecutors said OKX, based in Seychelles, violated anti-money laundering laws for years. The company agreed to pay more than $500 million in fines and penalties.
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Wall Street Is Getting Antsy With Trump
The contrasting reactions between the overflow and V.I.P. areas at a Trump event encapsulated the finance world’s worries about the new administration’s first month.