American Bitcoin Emerges As Trump Family’s Latest Crypto Investment
Hut 8, a publicly traded Bitcoin (BTC) mining company with a market capitalization of approximately $1.2 billion, announced on Monday a strategic partnership with Eric Trump and Donald Trump Jr. to establish a new mining subsidiary named American Bitcoin. Hut 8 And Trump Sons Unite To Form American Bitcoin According to the press release, Hut […]
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The former President's son Eric Trump fired off a threatening tweet to TrumpCoin for using his family’s name fraudulently, although the token’s Twitter account appeared unconcerned. A low cap cryptocurrency named TrumpCoin (TRUMP) has finally drawn the ire of the Trump dynasty six years after it entered the market. On Jan. 25, Donald Trump’s second son Eric threatened legal action against the TRUMP cryptocurrency for allegedly using his family’s name fraudulently.Fraud Alert: It has come to our attention that someone is promoting a crypto currency called "TrumpCoin" (Symbol "TRUMP.") This....
Trump-backed crypto investment firm World Liberty Financial has raised $590M in the $WLFI token sale. The total token supply is capped at 100 billion. Out of this, 20% of the tokens (20 billion) were made available for sale in October at a price of just $0.015. The initial sale experienced slow demand. However, after the launch of $TRUMP and $MELANIA, the Trump family’s in-house meme coins, the $WLFI token sale also took off. The first round raised around $300M. Another 5 billion tokens were then opened for sale at $0.05 per token, raising $250M. In addition to this $550M, Tron founder....
Changpeng Zhao (CZ), the founder and former CEO of Binance, the world’s largest cryptocurrency exchange, has publicly refuted claims regarding potential investment discussions involving the Trump family and Binance’s American operations. This denial follows a report by the Wall Street Journal, which suggested that representatives of the Trump family have been in negotiations to acquire […]
A stablecoin launched by Donald Trump’s World Liberty Financial (WLFI) venture is being utilized by an Abu Dhabi investment firm for a substantial $2 billion investment in the crypto exchange Binance. This announcement was made by one of the co-founders of World Liberty during a crypto conference in Dubai. World Liberty Financial USD1 Emerges As […]
The “Bitcoin Family” have been in the headlines ever since they put everything that they had into bitcoin back in 2016. By then, the digital asset was only trading at around $900, and the family had become bitcoin millionaires with the most recent run-up. However, like everyone else, the Bitcoin Family has been hit hard […]