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The $16 billion Cryptocurrency empire of the Trump family
Original Title: Inside the Trump family’s $16bn crypto empire
Original author: Ben Weiss, Tim Craig
Original Source:
Compiled by: Tom, MarsBit
Special Report
This self-proclaimed cryptocurrency president is regulating the industry he is expanding.
The Trump family has been involved in a wide range of cryptocurrency businesses.
Trump's cryptocurrency company's market value is rapidly declining.
Donald Trump has put his name on almost everything: from the perfume 'Trump Tower' to gold-trimmed sneakers and even Porterhouse steaks.
Now, the 47th president of the United States and his family are even more ambitious, having built an empire in the cryptocurrency industry, while the Trump administration is planning to regulate and legislate reform in the industry.
Political experts say that this unprecedented situation has led to obvious conflicts of interest.
These companies cover meme coins, decentralized finance applications (DeFi), NFTs (non-fungible tokens), and an investment business called Truth.Fi, which the company says will be managed by the large brokerage firm Charles Schwab.