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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 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 11h ago

Trump Family’s Stablecoin Wealth Fueled by Binance Relationship

World Liberty Financial Inc., which was co-founded by US President Donald Trump and his sons, is on track to generate nearly $150 million this year from issuing USD1, a dollar-pegged token it launched in March 2025, according to a Bloomberg News analysis of financial filings.

Bloomberg Markets 4d 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

Inside the Trump money machine: How the president and his family are cashing in on his return to the White House

Inside the Trump money machine: How the president and his family are cashing in on his return to the White House Trump has consistently faced scrutiny for leveraging his presidency for personal financial advantage, a pattern that has encompassed everything from merchandise deals and crypto ventures to hosting high-dollar political and official events at his properties - Bookmark - CommentsGo to comments Donald Trump attempted to establish a nearly $1.8 billion fund, potentially benefiting...

The Independent World 7d ago

The anti-communism movie quote that spells doom for the Democrats in the midterms

For years, I have told various people in politics, the media and the financial world that the most impressive investment CEO I have ever encountered is fictional. One who came from nothing; identified with the working-class over the elites; established a persona deliberately meant to be underestimated by his snobbish competitors; and truly prized morality over money. That fictional CEO being Lawrence Garfield.

Fox News 4d ago

From crypto to golf resorts: How Trump, his allies have profited during his second term

Donald Trump entered his second term promising to focus on the economy, national interests with a 'America First' agenda. However, a recent AP report points to a growing number of business deals, financial ventures and government decisions that have benefited Trump and his allies. From cryptocurrency projects and overseas licensing agreements to events hosted at Trump-owned properties, critics argue that the boundaries between public office and private business have become increasingly blurred.

Times of India 7d ago

Barron Trump’s new energy drink hits store shelves – but it comes with an eye-watering price tag

Barron Trump’s new energy drink hits store shelves – but it comes with an eye-watering price tag Barron Trump’s Yerba Mate drinks will cost customers $39 for a 12-pack - Bookmark - CommentsGo to comments Barron Trump’s new energy drinks are officially for sale — but interested customers will have to pay nearly $40 to get themselves a pack. Sollos, an energy drink company run by the president’s youngest son and four other business partners, launched its first product last month. The pineapple...

The Independent World 1d ago

Hong Kong proposes letting city leader decide what counts as national security offence

After massive democracy protests rocked the Asian financial hub in 2019, Beijing imposed a national security law that has been used to arrest many leading activists. The Hong Kong government proposed legislation on Monday that would allow the city’s leader to designate certain criminal acts as national security offences, stepping up efforts to stamp out challenges to its rules in the city where critics say freedoms have been eroding. After massive democracy protests rocked the Asian...

Euronews 1d ago

Philadelphia: A travel guide to the 2026 World Cup host city

Philadelphia will host five World Cup group games as well as a Round of 16 clash on 4 July – exactly 250 years after the Declaration of Independence was signed in the historic city. Get set for a dose of American history when the World Cup hits Philadelphia this summer. A famously cracked bell, a weathered fictional fighter and cheesesteaks are all part of the sports menu during the six matches taking place at Lincoln Financial Field, home of the two-time NFL Super Bowl champions the...

Euronews 4d ago