Posts

Showing posts with the label crypto empire

ANALYSIS: Mapping Donald Trump’s growing crypto empire

Donald Trump, the president of the United States and convicted felon, has embraced crypto. He’s expanded his personal business ventures into the industry and has found ways to embrace it from the Oval Office, issuing executive orders and promising legislation. Protos has tried to summarize the various connections between the cryptocurrency industry and the president’s family.  This raft of projects shows the willingness of the Trump family to cash in on their name. World Liberty Financial World Liberty Financial purports to be a DeFi-focused firm that has launched a stablecoin and maintains a portfolio of tokens.  The project named Donald Trump Sr. as its “chief crypto advocate” and his three sons as its “Web3 ambassadors.” Donald Trump Jr. and Eric Trump, two of the aforementioned sons, were previously implicated in an investigation of the Trump Organization that resulted in the brothers receiving a ban from serving as ...