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Jesse Hamilton
Crypto Trends

Trumps May Have Sold WLFI (USD1) Stake as U.S. Stablecoins See Wave of Good News

by admin June 21, 2025



Stablecoins are enjoying a moment in U.S. policy circles as the Senate just passed a regulation bill with major bipartisan numbers. As that moment approached, President Donald Trump and his family apparently offloaded about 20% of their stake in the parent company controlling World Liberty Financial, a crypto business that includes its own stablecoin.

DT Marks DEFI LLC is a company that now owns about 40% of the holding company over WLFI, down from an earlier 60%, according to the legal disclosures at the bottom of the platform’s website. DT Marks DEFI is “an entity affiliated with Donald J. Trump and certain of his family members,” it says.

Trump’s crypto dealings are extensive and have reportedly directly gained him tens of millions of dollars, at least, but they’ve also taken a starring role in the debate over digital assets regulation in the U.S. The stablecoin bill that is now in the hands of the House of Representatives was temporarily stalled in the Senate as Democrats made noise about Trump’s own stablecoin operation.

Despite corruption complaints from lawmakers such as Senators Elizabeth Warren, Richard Blumenthal and Chris Murphy, and arguments that it’s inappropriate for the president to be taking a hand in the regulation of his own business, the advancement of the bill potentially leaves World Liberty Financial’s USD1 stablecoin approaching steadier footing, assuming the company is prepared to comply with rigorous reserve and oversight demands.

While Trump’s political allies and his administration claim his business ties are transparent, the family’s crypto dealings remain murky, without full disclosures of the business stakes of individual members, including the president. It is still unclear what the family’s specific ownership or management involvement may be with World Liberty Financial.

Representatives from WLFI and Trump’s business interests didn’t immediately respond to requests for comment from CoinDesk.

And his growing ties to crypto don’t end there. Trump drew the bulk of recent criticism for his hosting of a private dinner for the leading investors in his personal memecoin, many of whom were foreign nationals and went unidentified to the public. The one-time crypto skeptic has sold multiple rounds of non-fungible tokens (NFTs); his media company announced this year it was raising $2.5 billion to build a bitcoin treasury; and son Eric has been helping run a new bitcoin mining venture. There are few corners of the industry the president doesn’t have close connections to.

Read More: Trump’s Empire Pulled In $57M From Family-Linked Crypto Firm Last Year, Filing Shows



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June 21, 2025 0 comments
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GameFi Guides

Bitcoin, Altcoins Plunge as Trump’s Threat to Assassinate Iran Leader Escalates Middle East Tensions

by admin June 17, 2025



Bitcoin was down by nearly 4% over the past 24 hours as President Donald Trump suggested in a social media post that the U.S. might assassinate Iran’s supreme leader, escalating already inflamed tensions in the Middle East.

The largest cryptocurrency by market capitalization was recently trading at about $103,630, its lowest level in five days, according to market data provider CoinGecko, though it has ticked back up above $104,000 as of this writing. BTC started edging down last Thursday as Iran and Israel began exchanging missile attacks.

Ethereum was recently changing hands at about $2,470, down nearly 6.5% over the past 24 hours. Smart contract platforms Solana and Cardano were both off about 7%, while the leading meme coin Dogecoin had dropped 6.7%.

Editor’s note: This story will be updated with additional details.

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June 17, 2025 0 comments
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NFT Gaming

Trump’s Crypto Wealth Estimated Near $1 Billion In White House Report

by admin June 17, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In a recent report by Fortune, significant details emerged about President Donald Trump’s growing entanglement with the cryptocurrency industry, as disclosed in his first financial report since taking office. 

The report highlights various aspects of his business interests, including golf courses, sponsorship deals, and his publicly traded media group. Notably, it sheds light on Trump’s crypto platform, World Liberty Financial (WLFI), which was announced by his sons last summer.

$57 Million Earned From Crypto Token Sales

The financial disclosure reveals that Trump has generated over $57 million from token sales on the World Liberty platform. He holds nearly 16 billion governance WLFI tokens—essentially the crypto equivalent of voting shares—issued by the company. 

Based on previous sales, which valued the tokens between $1.5 and $0.5, Trump’s holdings could potentially be worth close to $1 billion, although the tokens are not currently trading, as estimated by Bloomberg.

As discussions in Congress about blockchain regulation intensify, government watchdogs are raising concerns about potential conflicts of interest stemming from Trump’s ventures in the crypto space. This report provides the first substantial insight into how deeply embedded Trump has become in digital assets.

Before his recent campaign, Trump expressed skepticism about cryptocurrencies, famously labeling Bitcoin (BTC)  a “scam” just a few years ago. However, during his last campaign, he began to embrace blockchain technology, promising to be the first president to support the industry. 

His engagement has included appearances at industry events, such as the National Bitcoin conference, where he promoted the technology and explored his business opportunities in the sector.

Trump Expands Digital Asset Ventures

Trump’s foray into crypto has expanded beyond the initial launch of a series of non-fungible tokens (NFTs) to a more comprehensive engagement through World Liberty Financial. 

Announced by his son Eric Trump last August, the World Liberty Financial platform aims to herald a “new era of finance,” although its specific functions remain somewhat unclear to date. 

In recent months, World Liberty has rolled out several products, including governance tokens and a dollar-pegged stablecoin named USD1. This stablecoin has garnered attention as it was utilized by an Emirati investment firm to inject $2 billion into Binance, one of the world’s largest crypto exchanges.

The report also touches on another significant aspect of Trump’s crypto ventures—his memecoin, also named TRUMP, which launched just before his inauguration. While the memecoin’s market capitalization has plummeted from $9 billion in January to around $2 billion today, it remains a controversial asset. 

It is believed that Trump’s organization owns about 80% of the total supply of this memecoin. In May, Trump hosted a dinner for top memecoin holders, an event that sparked criticism from lawmakers, particularly Democrats.

The daily chart shows Bitcoin’s Monday surge. Source: BTCUSDT on TradingView.com

As of this writing, Bitcoin is trading at $107,550, having briefly dropped to $102,000 at the end of last week. According to CoinGecko data, the cryptocurrency has increased by 4.5% over the past month.

Featured image from Bloomberg, chart from TradingView.com 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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June 17, 2025 0 comments
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Crypto Trends

Crypto Is Now Trump’s Second-Most Lucrative Source of Income

by admin June 16, 2025



In brief

  • Income from crypto was one of President Trump’s top revenue streams in 2024, according to a new disclosure filing.
  • Only income from Trump’s hospitality businesses, at $418 million, eclipsed his crypto earnings of $58 million last year.
  • This year, though, crypto is likely to lead the pack. The president has already made hundreds of millions off new digital asset-related ventures from the White House.

Donald Trump’s crypto holdings were his second biggest source of income last year—and that was before the president retook office and made billions more off the sector from the White House. 

According to annual financial disclosure forms filed Friday with the United States Office of Government Ethics, Trump made over $58 million from crypto ventures in 2024. The vast majority of that revenue came from sales of WLFI, the governance token issued by World Liberty Financial, the Trump family’s crypto platform.

That figure made crypto the second biggest revenue stream for the president in 2024, according to last week’s filing. The only category that firmly beat out crypto last year was income from the president’s hospitality businesses. Trump’s golf courses, membership clubs, and hotels brought in a collective $418 million in revenue for the president, according to the filing. A full $50 million of that income came from Mar-a-Lago, Trump’s marquee members-only club in Palm Beach. 

While crypto lagged behind that massive figure last year, 2025 looks poised to see digital assets become the president’s primary income stream. In the months since the filing’s reporting period closed, Trump has made billions of dollars in realized and unrealized gains from various crypto projects, including expanded World Liberty offerings and his own meme coin.



In March, for instance, after World Liberty closed its $550 million WLFI token sale, Trump and his associates walked away with an estimated $390 million. The president’s meme coin, meanwhile, which debuted on the eve of his inauguration in January, is worth $10 billion at writing. Trump and his associates are entitled to 80% of that sum, though those profits have not yet been realized.

What makes Friday’s disclosure so remarkable is the fact that digital assets counted so significantly among the president’s income streams prior to his biggest crypto windfalls. 

In 2024, crypto likely beat out one of Trump’s most prominent revenue- generating sectors: real estate. According to estimations from the president’s ethics filings, he made somewhere between $24 million and $63 million last year collecting rent from tenants of his properties around the world. 

Last year, Trump’s crypto income also handily outweighed earnings from his historically reliable income streams of licensing and royalties. Licensing fees for Trump-branded projects in far-flung locations like Dubai, India, and Oman brought the president roughly $34 million in revenue in 2024.

Even royalties from Trump-branded memorabilia like watches, shoes, books, and bibles represented a fraction of the president’s crypto income in 2024. The president made slightly more than $11 million on such agreements last year, less than a fifth of the money he made from the portion of World Liberty’s token sale completed before December 31.

In recent months, the president’s appetite for crypto ventures—and his refusal to divest from them while in office—has drawn growing criticism from lawmakers in both parties. Congress is currently attempting to pass multiple landmark crypto bills, the fate of which has recently become imperiled by protests over the president’s self enrichment off the sector.

Edited by James Rubin

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June 16, 2025 0 comments
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Helene Braun
NFT Gaming

Trump’s Empire Pulled In $57M From World Liberty Financial Last Year, Filing Shows

by admin June 15, 2025



Donald Trump’s crypto wallet and branding empire earned tens of millions of dollars last year, with World Liberty Financial netting the U.S. President $57.4 million, according to a newly released federal financial disclosure.

The document, published by the Office of Government Ethics, shows Trump’s personal crypto holdings are estimated to be between $1 million and $5 million. He also declared gold bars as investments between $250,000 and $500,000, various money market funds, equity and Treasury bond holdings, and real estate.

In addition to his crypto holdings and income, Trump seemingly collected over $11 million in royalties tied to branded merchandise.

That includes $3 million for a coffee table book titled “Save America,” $2.5 million from Trump sneakers and fragrances, $2.8 million from watches, $1.3 million for “The Greenwood Bible,” a religious book bearing his name, and $100,000 from non-fungible tokens (NFTs). The latter also brought in $1 million from licensing fees.

Trump’s assets are reportedly held in a trust managed by his children.

While the U.S. President’s financial disclosure document spans 234 pages, Vice President JD Vance filed a 15-page disclosure showing more modest holdings and not mentioning crypto.

The White House didn’t immediately respond to CoinDesk’s request for comments on Trump’s holdings.



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June 15, 2025 0 comments
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GameFi Guides

Trump’s Drone Deregulation Raises Fears of Domestic Terror Strikes

by admin June 14, 2025



In brief

  • President Trump signed executive orders easing commercial drone regulations, prompting concerns from security experts about potential misuse.
  • Experts warn that expanded drone access could increase risks of surveillance, terrorism, and swarm-style attacks on U.S. infrastructure.
  • The Ukraine conflict illustrates how inexpensive drones can be weaponized, raising alarms about similar tactics being used against the U.S.

Earlier this month, President Donald Trump signed a sweeping set of executive orders aimed at deregulating commercial drones, flying cars, and supersonic jets—on a promise of “restoring America’s airspace sovereignty.”

But as the skies open to innovation, national security experts are sounding alarms: the drone revolution is already being weaponized.

From warzones in Iran and Ukraine to insurgent strikes in Africa and the Middle East, commercial drones are no longer just tools of progress—they’re now low-cost, highly effective weapons of war. The White House may see economic opportunity, but critics warn the U.S. is easing restrictions just as the world enters an era of autonomous aerial combat, where $300 drones can disable million-dollar aircraft and swarm attacks can overwhelm critical infrastructure. And worse.

Critics warn the new policies could accelerate a global arms race in autonomous aerial warfare—one already playing out with deadly effect around the world.

Drone attacks by terrorists and insurgent groups are on the rise:

  • In January 2024, Iraq’s Islamic Resistance group attacked a U.S. outpost in Jordan.
  • In May, RSF, an insurgent group in the Sudanese civil war, used drones to attack the airport in Sudan.
  • The same month, a boat carrying the “Gaza Freedom Coalition” was struck twice by drones off the coast of Malta, starting a fire.



Ukraine, which spent over $11 million in cryptocurrency donations on drones, used that technology in an audacious sneak attack on June 1 when it launched Operation Spider Web, a coordinated drone strike targeting Russian airbases in Murmansk, Irkutsk, Ryazan, Ivanovo, and Amur.

Ukrainian forces used 117 modified commercial quadcopters—four-bladed aerial drones smuggled in freight trucks—and guided them using artificial intelligence and first-person view systems. The drones struck high-value aircraft, causing significant damage and highlighting the strategic potential of low-cost drone warfare.

On Thursday, Israel launched a preemptive strike against Iran in what was called Operation Rising Lion. In its arsenal were drones smuggled into the country by Mossad, Israel’s national intelligence agency. In fact, Mossad agents reportedly set up a drone base near Tehran, Iran’s capital, right under the noses of its Republican Guard. The drones struck surface-to-surface missile launchers aimed at Israel.

These real-world examples have U.S. officials and experts increasingly alarmed.

“National security leaders at the Department of Defense and Department of Homeland Security have raised concerns about the potential for Ukraine-style ‘Spiderweb’ swarm attacks on U.S. soil—low-cost, high-impact assaults targeting critical infrastructure like ports, refineries, and data centers,” Eric Brock, CEO of Ondas Holdings, an autonomous drone and counter UAV developer told Decrypt. “Public venues, such as stadiums and amusement parks, are also increasingly vulnerable; yet, many local agencies lack the necessary tools or legal authority to respond effectively.”

The co-chair of the Commercial Drone Alliance, who worked with the White House on crafting the drone executive order, Brock said the executive orders expanded flight-restricted zones, improved interagency coordination, and established a national drone training center—steps he said helped close key regulatory gaps. He added that the resulting clarity encouraged investment in drone safety infrastructure and enabled local agencies to adopt counter-UAS technologies with greater confidence.

While drones deliver crucial benefits, such as disaster relief, precision farming, and rapid medical transport, they also pose emerging risks.

“With increased deployment must come increased responsibility,” Brock said. “With proactive public policy and proven technology, we can build a safer, more resilient airspace while unlocking the full economic and societal potential of the drone era.”

“There are always questions and concerns around drone use, partly because of how they’re perceived,” Grant Jordan, CEO of drone detection company SkySafe, told Decrypt. “When an average person sees a drone in the air, the biggest concern is not knowing its purpose or who’s operating it. They’re remote, unlike traditional aircraft like helicopters, where it’s clear at a glance that it’s a police helicopter.”

While Airspace Link was one of the developers consulted by the White House on the drone executive order, CEO Michael Healander declined to comment on whether recent events like Ukraine’s Operation Spiderweb were a part of the conversation.

“What I can say is that the executive orders clearly reflect an understanding that drone technology is transforming both commercial operations and modern conflict,” he said.

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June 14, 2025 0 comments
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NFT Gaming

Bullish Files for IPO as Trump’s Crypto Pivot Drives Demand: FT

by admin June 11, 2025



In brief

  • Bullish has reportedly filed confidential paperwork with the SEC as it tries to go public again.
  • It previously abandoned prior efforts in a SPAC merger in 2022 as the market faced a downturn.
  • It follows Circle’s explosive public debut on the NYSE last week.

Crypto exchange Bullish has submitted paperwork for an initial public offering to the Securities and Exchange Commission, according to a report from the Financial Times, citing sources familiar.

The move marks its second bid to go public, following an initial attempt in a $9 billion merger with a special purpose acquisition company, Far Peak, in July 2021. 

Those prospects went dim by late 2022, with aspirations later called off due to prevailing “time constraints and market conditions.”

Now, Bullish is attempting to take another swing following President Donald Trump’s election late last year and subsequent policies geared toward the crypto industry.

As a result, Bitcoin has steadied its pace, finding a range above the $110,000 with its implied volatility showing a record low for the year.



Bullish’s latest attempt comes as crypto companies have caught Wall Street pundits off guard. 

Last week, Crypto exchange Gemini confirmed that it filed to go public, just 24 hours after USDC issuer Circle made its euphoric debut on the New York Stock Exchange.

Circle raised more than $1.1 billion, and outperformed some of the U.S.’s most prominent tech companies on launch, with its stock rocketing to 347% days later. That appetite is fueling others’ efforts.

Bullish operates a blockchain-based exchange and acquired crypto media firm CoinDesk in 2023. Its CEO, Tom Farley, previously served as president of the NYSE Group at the Intercontinental Exchange from 2014 to 2018.

Bullish did not immediately respond to Decrypt’s request for comment.

Edited by Sebastian Sinclair

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June 11, 2025 0 comments
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Trump'S Truth Social Bitcoin And Ethereum Etf Registered In Nevada
Crypto Trends

Trump’s Truth Social Bitcoin and Ethereum ETF Registered in Nevada

by admin June 5, 2025



Trump Media & Technology Group (TMTG), the owner of the Truth Social platform, has entered the crypto space with a significant move. 

New entity “Truth Social Bitcoin and Ethereum ETF, B.T.” was formally registered in Nevada on June 5, 2025, as a Domestic Business Trust. The entity is listed as active now, with its first annual report being due by June 30, 2026.

This step hints at a potential foray by Trump Media & Technology Group (TMTG), the holding company of Truth Social, into the cryptocurrency investment space. Truth Social is widely regarded as a social media app favorite among conservatives and Donald Trump supporters. This new registration suggests a wider plan that includes digital assets such as Bitcoin and Ethereum.

Also Read: Trump’s Truth Social Files S-1 for Bitcoin ETF with SEC



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June 5, 2025 0 comments
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NFT Gaming

President Trump’s Truth Social Aims For A Slice Of The Bitcoin ETF Market

by admin June 4, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

President Donald Trump’s Truth Social platform is taking a significant step toward introducing its own Bitcoin exchange-traded fund (ETF). This move is intended to compete with the world’s largest asset managers, who have increasingly adopted cryptocurrencies over the past year.

Trump’s Truth Social Files For Bitcoin ETF 

On Tuesday, NYSE Arca, the all-electronic division of the New York Stock Exchange (NYSE) responsible for most exchange-traded fund trading, filed a 19b-4 form to list a Bitcoin fund associated with Trump’s media company. This filing is a crucial prerequisite for regulatory approval, enabling the fund to launch and trade on a US exchange.

Named the Truth Social Bitcoin ETF, this fund is designed to mirror the price movements of the market’s leading cryptocurrency, providing a more accessible avenue for investors to gain exposure to the cryptocurrency without the need to hold the asset directly. 

This initiative comes on the heels of a partnership announced in March between Trump Media and Crypto.com, aimed at developing a range of digital asset products slated for release later this year, contingent on regulatory approval.

$2.5 Billion Bitcoin Treasury And Upcoming ETF 

According to a CNBC report on Tuesday, the upcoming offerings are expected to include a mix of cryptocurrencies, such as Bitcoin and Crypto.com’s native Cronos (CRO) token, alongside traditional securities. 

These products will be branded under Trump Media and made available to a global audience through major brokerage platforms and the Crypto.com app, which serves over 140 million users worldwide.

Since the launch of spot Bitcoin ETFs in January 2024, the market has experienced remarkable growth, swelling to over $130 billion in total assets. BlackRock’s iShares Bitcoin Trust (IBIT) currently dominates the market, boasting nearly $69 billion in assets, making it the largest digital asset manager globally.

These investment products contributed significantly to the record high reached by BTC last week, nearing the $112,000 mark. Over the past two weeks, BlackRock’s IBIT ETF, Fidelity’s FBTC, and Grayscale’s Mini Trust ETF have received nearly $1 billion in inflows, according to Farside data.

Trump is the majority owner of Truth Social’s parent company, Trump Media & Technology Group, which has made several strategic moves aligned with the cryptocurrency sector in recent months. These moves include trademarking digital asset products and announcing a $2.5 billion Bitcoin treasury plan last week in Las Vegas. 

According to the CNBC report, if the Truth Social Bitcoin ETF is approved, it would represent one of “the most politically connected entries” into the already successful Bitcoin exchange-traded fund market.

The daily chart shows the TRUMP memecoin’s price consolidation. Source: TRUMPUSDT on TradingView.com

When writing, the TRUMP memecoin trades at $11.21, down over 84% from its all-time high of $73 reached one day after its launch. 

Featured image from DALL-E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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June 4, 2025 0 comments
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Trumps deny involvement in Trump-branded memecoin wallet
NFT Gaming

Trumps deny involvement in Trump-branded memecoin wallet

by admin June 4, 2025



The announcement of a Trump-branded crypto wallet has been labelled “absolute chaos” as a business linked to the Trumps said it would launch a wallet only to have US President Donald Trump’s sons distance themselves from it.

The non-fungible token marketplace Magic Eden and the team behind the president’s memecoin, Official Trump (TRUMP), both said on June 3 that they were linking up to launch “the Official $TRUMP Wallet.”

However, Donald Trump Jr. said that the Trump Organization, which oversees Trump’s sprawling real estate and business interests, “has zero involvement with this wallet product” and that he knows “nothing about it.”

He added the family’s crypto platform, World Liberty Financial, “will be launching our official wallet soon.”

Source: Donald Trump Jr.

Eric Trump said the wallet “is not authorized by Trump” and warned Magic Eden to “be extremely careful using our name in a project that has not been approved and is unknown to anyone in our organization.”

Trump’s youngest son, Barron Trump, even made his first-ever X post to say the family “has zero involvement with this wallet.”

Crypto skeptic Molly White, who first reported on the wallet, called the saga “absolute chaos” and speculated there is a breakdown in communication between the various crypto-related Trump-linked businesses.

The TRUMP token team, Magic Eden and the platform’s CEO, Jack Lu — who also posted about the wallet — have not publicly made a statement on the matter.

Trump’s crypto empire factions

The Trump Wallet website describes it as the “Official $TRUMP Wallet by President Trump” and says that “Magic Eden partnered with GetTrumpMemes.com” for its upcoming launch.

The website is owned by Fight Fight Fight LLC, which is co-owned by a company affiliated with the Trump Organization called CIC Digital LLC — the two firms together own a majority of the TRUMP token supply.

American businessman Bill Zanker is listed on documents for Fight Fight Fight LLC and also holds a substantial quantity of Trump tokens through CIC Digital. Zanker is part of the team that helped launch the TRUMP memecoin, various Trump-backed NFT collections, and is working on a Monopoly-style game blending gaming and crypto elements. 

This isn’t the first time there has been confusion over crypto ventures bearing the Trump name. 

Related: Trump crypto dinner guest describes ‘worst food’ ever and ‘bullshit’ speech

Trump Media and Technology Group, the company behind President Trump’s social media platform Truth Social, initially denied a May 26 report by the Financial Times, which claimed it was raising $3 billion in a mix of equity and convertible bonds to buy Bitcoin and other crypto. 

The company backflipped only a day later and confirmed a $2.5 billion capital raise to purchase Bitcoin through a $1.5 billion stock sale and a $1 billion convertible senior secured bonds.

Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions



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June 4, 2025 0 comments
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