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Trump family got about $500M from crypto venture — but investors saw steep losses

Back in August, Eric Trump and Donald Trump Jr. were all smiles. They showed up at the Nasdaq stock exchange in New York to celebrate a new business partnership with a little-known publicly traded company, then called Alt5 Sigma, to give investors easier access to a cryptocurrency backed by the Trump family. Less than 10 months later, the company has warned investors it may not be able to stay in business much longer.

CNBC 18h ago

Trump family ‘made $500 million from crypto coin deal’ — before the bottom fell out on individual investors

Trump family ‘made $500 million from crypto coin deal’ — before the bottom fell out on individual investors AI Financial Corp. , formerly Alt5 Sigma, says it may go under following transactions with Trump-tied World Liberty Financial - Bookmark - CommentsGo to comments President Donald Trump and members of his family reaped about $500 million from the sale of $1.5 billion in cryptocurrency to a company that's since seen its stock price plummet — and left investors holding the bag, according...

The Independent World 12h ago

Trump family stiffed investors to make $500 million in crypto deal

Trump family stiffed investors to make $500 million in crypto deal The Trump family made about $500 million from the sale of $1.5 billion in cryptocurrency - but investors saw steep losses, a report has claimed President Donald Trump and members of his family made about $500 million from the sale of $1.5 billion in cryptocurrency - but investors saw steep losses, according to a report. Eric Trump and Donald Trump Jr reportedly attended the Nasdaq stock exchange in New York in August last...

Daily Mirror 12h ago