Anthony Scaramucci, an influential cryptocurrency advocate and founder of investment firm SkyBridge Capital, has alternated between supporting President Donald Trump's pro-cryptocurrency pivot and warning of the potential pitfalls of some of his decisions.
A business led by two of the president’s sons will invest in American Bitcoin, a new mining company controlled by Hut 8.
The co-founders – Arthur Hayes, Benjamin Delo, Samuel Reed and Gregory Dwyer – previously pleaded guilty in 2022 to one count each of violating the Bank Secrecy Act for flouting money laundering rules and failing to police the exchange. Trump signed the pardons Thursday without publicizing the action.
The president's sons will now play a key role in creating the cryptocurrency through the company American Bitcoin.
President Donald Trump’s crypto portfolio continues to grow. His crypto project World Liberty Financial has launched a stablecoin, or a token pegged to a fiat currency like the U.S. dollar, according to Bitcoin or Ethereum can soar or plummet 10% in hours.
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The New Trump Get-Richer-Quicker SchemeAt a crypto conference last week, Trump Jr. had high expectations for how much money he intends to make in the new crypto era ushered in by his father. “The sky is the limit for this,” he said.
American Bitcoin Corp., a newly formed Bitcoin (CRYPTO: BTC) mining firm backed by President Donald Trump's sons, plans to eventually go public. What happened: During an interview with Bloomberg TV on Tuesday,
Donald Trump Jr. and Eric Trump announced Monday the launch of “American Bitcoin,” a new cryptocurrency mining company created through
Asian equities and U.S. stock futures have declined, while bitcoin is nearing a bearish technical pattern amid escalating trade tensions.
(This March 28 story has been corrected to say that the co-founders failed to implement a Bank Secrecy Act-compliant anti-money laundering program, not violating the Bank Secrecy Act, in paragraph 3)(Reuters) - U.
Forbes reports that Trump's financial gains are correlated with business ventures, including his Truth Social platform, his real estate investments, his golf propert
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‘Trump Knows a Good Grift When He Sees One’A former SEC adviser and crypto skeptic explains Trump’s latest plans to make money — and conflicts of interest — in crypto.
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