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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 17h ago

Trump Tower in Georgia to be built on land part-owned by son of US sanctions-hit leader

A Trump Tower planned for Tbilisi, Georgia, is set to be constructed on land partially owned by the son of the country's US-sanctioned leader. The skyscraper project is a joint venture involving the Trump Organization, managed by Donald Trump Jr and Eric Trump. This arrangement has raised new concerns regarding potential conflicts of interest.

The Guardian World 15d 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 11h ago

Tracking the Rising Death Toll From U.S. Boat Strikes

new video loaded: Tracking the Rising Death Toll From U.S. Boat Strikes Tracking the Rising Death Toll From U.S. Boat Strikes The New York Times has been investigation the number of boat strikes and the death toll in the Caribbean and Eastern Pacific carried out by the Trump administration. Eric Schmitt, a national security correspondent for The Times, explains what those numbers mean.

NYT World 5d ago

Take a peek inside the private 38-acre Bahamas paradise where Donald Trump Jr got married

Donald Trump Jr. and Bettina Anderson recently celebrated their wedding at an ultra-exclusive island paradise in the Bahamas, according to multiple reports — a place many people have never seen, let alone even known about.Little Pipe Cay is a 38-acre private island in the Exumas, as the website of the Lauren Berger Collection (LBC), a luxury travel brand, describes it.The Exumas are a chain of islands and cays known for their ultra-clear water and white, sandy beaches. DONALD TRUMP JR...

Fox News 11d ago

China, tungsten and a supply shock in metal critical for war that will last far beyond Iran conflict

The Iran war has caused well-documented price spikes and shortages on a range of items Americans depend upon. Oil and gas, of course, but also petrochemicals and everything derived from them (e.g. plastics) and helium are among raw materials that have been besieged by the closure of the Strait of Hormuz. Still, there is another element which has seen its price surge amid increasingly short supply because of war, but where the shock will not relent even if the Strait is reopened.

CNBC 6d ago

Trump says he’s not sure if ‘anti-weaponization’ fund is really dead: ‘I’d have to ask the lawyers’

President Donald Trump injected fresh uncertainty over the status and future of the “anti-weaponization” fund Wednesday, a day after acting Attorney General Todd Blanche said the Justice Department would no longer pursue the $1.8 billion fund, which has sparked bipartisan blowback. Asked in the Oval Office whether the fund was dead or just on hold, Trump responded: “I’d have to ask the lawyers. “The weaponization fund, as far as I’m concerned, was a beautiful thing,” he told reporters.

NBC News 6d ago

Trump may have dropped his ‘slush fund’ but not the agreement for tax amnesty: report

Trump may have dropped his ‘slush fund’ but not the agreement for tax amnesty: report Under the terms of the deal, the IRS is ‘forever barred and precluded’ from pursuing claims against Trump, his family or his businesses - Bookmark - CommentsGo to comments President Donald Trump may have shelved plans for his $1.8 billion “anti-weaponization” fund — part of a broader settlement resolving his unprecedented $10 billion lawsuit against the Internal Revenue Service — but one controversial...

The Independent World 7d ago

Justice Department urges judge not to block ‘anti-weaponization’ fund that it says is already dead

The Justice Department told a federal judge that even though the Trump administration’s $1.8 billion “anti-weaponization” fund is “not going forward,” it still opposes the court taking any action to block the initiative on a more permanent basis. In a filing Friday afternoon, Justice Department attorney Andrew Block and other DOJ representatives said that no money had been transferred to the fund and that no members of the five-person panel tasked with making decisions about distributing the...

NBC News 4d ago