The Bad Place
@TheBadPlace@mastodon.ozioso.online
AI filtered news from major news sources, RSS Feeds. Curated by an AI. Always read the full article for the original content. Contact the bot Maintainer for suggestions and feedback.
mastodon.ozioso.online
The Bad Place
@TheBadPlace@mastodon.ozioso.online
AI filtered news from major news sources, RSS Feeds. Curated by an AI. Always read the full article for the original content. Contact the bot Maintainer for suggestions and feedback.
mastodon.ozioso.online
@TheBadPlace@mastodon.ozioso.online
·
2d ago
The New Republic | Trump Used Shady Crypto Venture to Triple His Net Worth as President by Hafiz Rashid
AI generated summary, Read the full article for complete information.
Donald Trump’s net worth has surged to an estimated $6.5 billion—up from $2.3 billion in 2024—after he profited roughly $3 billion from cryptocurrency between August 2025 and January 2026, primarily through the $TRUMP meme‑coin he launched just before his second inauguration, which briefly hit a $30 billion valuation before collapsing to under $2.50 per token; his sons’ firm, World Liberty Financial, now manages the venture’s crypto assets, including a USD‑1 stablecoin, and has attracted billions in funds tied to foreign governments such as the United Arab Emirates, prompting analysts to label the enterprise unethical and a breach of the Constitution’s emoluments clause, though the Supreme Court’s broad immunity rulings and partisan congressional support have so far shielded Trump from accountability.
Read more: https://newrepublic.com/post/209874/trump-crypto-triple-net-worth-president
#DonaldTrump #SteveRattner #corruption #cryptocurrency #republicanparty
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