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 15h ago

The Trump family reportedly profited approximately $500 million from a $1.5 billion cryptocurrency deal involving AI Financial Corp. (formerly Alt5 Sigma) and World Liberty Financial, a company partially owned by the Trumps. This occurred before the value of the World Liberty Financial (WLFI) tokens plummeted by over 80%, significantly impacting individual investors and AI Financial's stock price. AI Financial now faces delisting from the Nasdaq and has warned of potential bankruptcy, with its shares trading near their 52-week low. Critics have called for an SEC probe into the matter, citing regulatory red flags, while a Trump Organization spokesperson denied any involvement or knowledge of AI Financial by Eric and Don Jr. Trump.

The Independent Full Article

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