Early Crypto Traders Had Speedy Profit on Trump Coin as Others Suffered Losses
Some traders made tens of millions off a new cryptocurrency launched by President Trump and his sons. Many others lost out.
Posted inBanking and Financial Institutions Exchange Traded Funds Securities and Commodities Violations Securities and Exchange Commission Social Media Trump Media & Technology Group Truth Social (Social Network) United States Politics and Government Virtual Currency
Trump Media Is Moving Into the Financial Services Industry
The parent company of Truth Social said it had applied for trademarks for investment products that would allow supporters to invest in the “patriotic economy.”
Posted inPresidential Election of 2024 Regulation and Deregulation of Industry Securities and Exchange Commission Trump Media & Technology Group Trump, Donald J Trump, Eric F (1984- ) United States Politics and Government Virtual Currency
Trump’s Cryptocurrency Surges to Become One of the World’s Most Valuable
The new business venture by the Trump family is generating intensifying criticism, even as it has turned into an overnight phenomenon, generating a windfall on paper.
Posted inConflicts of Interest Presidential Election of 2024 Trump Media & Technology Group Trump, Donald J Trump, Donald J Jr Truth Social (Social Network)
Trump Puts Shares of His Media Company in a Trust
A regulatory filing showed that the president-elect transferred some 115 million shares of Trump Media to a trust controlled by his son Donald Trump Jr.