tldrdailynews.com logo
Tag

Trump Family

All articles tagged with #trump family

Trump Family Profits Billions From Crypto While Retail Investors Lose Billions, Reuters Says
cryptocurrencies1 month ago

Trump Family Profits Billions From Crypto While Retail Investors Lose Billions, Reuters Says

Reuters’s analysis, cited by Gizmodo/io9, finds the Trump family generated at least $2.3 billion in profit from Trump‑linked crypto since the presidency, while investors lost about $2.3 billion; most profits reportedly came from WLFI, World Liberty Financial’s governance token, with the Trumps taking a 75% cut and holding about 60% of the company, though WLFI says it is not an investment product. The token has fallen from roughly $0.31 to $0.05, and other Trump‑linked assets like the $Trump memecoin are noted. The piece also touches on investor types, legal disputes, and backing from entities such as AI Financial. Overall, it presents a symmetrical but troubling portrait of meme‑crypto where a political family profits while ordinary investors incur losses.

via Gizmodo|
#cryptocurrencies#trump-family#trump-memecoin
Trump-linked Alt5 Sigma crumbles as AI Financial faces Nasdaq delisting
business1 month ago

Trump-linked Alt5 Sigma crumbles as AI Financial faces Nasdaq delisting

Trump family–linked Alt5 Sigma, now AI Financial Corp, touted a World Liberty Financial crypto deal that could yield about $500 million to the family, but the stock has fallen about 93% and faces Nasdaq delisting as WLFI tokens drop in value; the company has cycled through CEOs and auditors amid going-concern concerns and regulatory scrutiny, leaving many investors with steep losses.

via CNBC|
#ai-financial-corp#alt5-sigma#business
Bride’s White House dream gives way to intimate Bahamas island nuptials
politics1 month ago

Bride’s White House dream gives way to intimate Bahamas island nuptials

Bettina Anderson and Donald Trump Jr. celebrated their marriage on a private Bahamas island after Anderson had hoped for a White House wedding, which sources say the Trump camp deemed inappropriate amid tensions with Iran; the couple had a small island ceremony with fewer than 50 guests, and their Florida marriage was legally registered earlier in the week, with a possible White House celebration to come.

via CNN|
#bahamas#bettina-anderson#donald-trump-jr
Investor accuses Trump family’s crypto company of centralized control over accounts
business2 months ago

Investor accuses Trump family’s crypto company of centralized control over accounts

Justin Sun, a top investor in the Trump family’s crypto firm World Liberty Financial, accuses WLFI of centralized governance that allows unilateral account freezes, saying his holdings have been frozen since September. WLFI’s native token has slumped about 74% since August to around 8 cents, while its USD1 stablecoin remains widely traded. The dispute adds to ongoing scrutiny of the Trump-associated crypto ventures and follows prior SEC action against Sun.

via NBC News|
#business#cryptocurrency#justin-sun
Trump-Sons’ Golf Brand Merges With Drone Maker to Go Public
business4 months ago

Trump-Sons’ Golf Brand Merges With Drone Maker to Go Public

A golf-club company backed by Donald Trump’s sons is merging with drone maker Powerus to form a company that will go public via Aureus Greenway Holdings. Andrew Fox of Powerus would lead as CEO/chairman, and Dominari Securities will raise about $9m, with the Trump brothers each holding roughly 6% in Dominari. The deal could close by end-2026, but either side can terminate if not completed. The move underscores the Trump family’s expanding investments in drone and defense tech amid broader scrutiny of their business interests.

via The Guardian|
#business#defense-tech#drones
business4 months ago

Trump Family Unveils USD1: A Private Stablecoin Aiming to Modernize the Dollar

The Trump family, through World Liberty Financial, launched USD1—a stablecoin pegged to the dollar and pitched as an upgrade to U.S. currency. They argue private-sector innovation can modernize finance and preserve dollar dominance, detailing plans at a Mar-a-Lago event and suggesting the private project could spur structural demand for U.S. debt. The venture frames itself as complementary to the dollar, not a threat, though questions remain about private control of a national monetary instrument.

via CNBC|
#business#cryptocurrency#stablecoin
UAE-Backed Investor Takes Major Stake in Trump Family Crypto Firm
world5 months ago

UAE-Backed Investor Takes Major Stake in Trump Family Crypto Firm

A UAE-linked investment firm purchased nearly half of the Trump family’s cryptocurrency company, World Liberty Financial, for about $500 million, with Eric Trump signing the deal days before his father’s inauguration. The arrangement ties the Trump business to UAE interests while the president pursues foreign policy with the Middle East, raising concerns about conflicts of interest and propriety.

via The New York Times|
#cryptocurrency#foreign-policy#trump-family
Melania Trump's 'not-documentary' premiere leans into glamour
entertainment5 months ago

Melania Trump's 'not-documentary' premiere leans into glamour

First lady Melania Trump introduces a film she calls a “creative experience” rather than a documentary, following a reported $40 million deal with Amazon MGM Studios and a $35 million marketing budget. The Kennedy Center premiere highlighted private access to her life around Trump’s White House return, with Trump retaining editorial control, as it heads toward a theatrical release that will test public curiosity about the project and its glamorous presentation.

via CNN|
#documentary-deal#entertainment#melania-trump
Trump Sons' Bitcoin Ventures Surge After Nasdaq Debut
business10 months ago

Trump Sons' Bitcoin Ventures Surge After Nasdaq Debut

American Bitcoin, a crypto mining company linked to the Trump family, had a volatile debut on Nasdaq, ending up over 16%, and is part of the Trump family's expanding crypto portfolio, which includes other ventures like World Liberty Financial. The company owns 2,443 BTC worth approximately $273 million and plans to mine and buy Bitcoin to maximize shareholder value.

via Cointelegraph|
#american-bitcoin#bitcoin#business