US Edition
Trump's Truth Social Mulls Launching Token for Subscriptions in Latest Crypto Push
- President Trump plans a private dinner next month at his Virginia golf club for the top 220 holders of the '$TRUMP' meme coin.
- This event follows the recent registration of three official '.gov' domains by the Department of Commerce, raising ethical concerns.
- The announcement caused the '$TRUMP' coin to spike to $16 per token with a $2.4 billion market cap, while the Trump family controls crypto ventures earning up to $400 million in fees.
- Tony Carrk of Accountable.US warned that this situation represents an unprecedented example of a president leveraging their position for personal financial gain, posing a serious risk to the public interest.
- Critics urge congressional investigations due to unprecedented conflicts of interest and potential corruption linked to the dinner and crypto dealings.
41 Articles
41 Articles
Truth Social Parent Company Finds New Home, Here’s Where
The Trump Media & Technology Group (TMTG), Truth Social’s parent company, has officially reincorporated in Florida. The company was previously based in Delaware. BREAKING: President Trump’s TRUTH SOCIAL company just moved out of Delaware… – for FLORIDA! pic.twitter.com/tziZGvfrrL — Eric Daugherty (@EricLDaugh) April 30, 2025 Per Florida’s Voice: Earlier this year, the company pointed to Florida already being its “home state.” “We are committed…
Trump Media plans launch of ‘utility token' and digital wallet tied to streaming service
President Donald Trump’s publicly traded media company is considering the launch of a “utility token” and “digital wallet,” according to a letter the company’s CEO and chairman Devin Nunes sent to shareholders on Tuesday. In the run up to an annual shareholder meeting on Wednesday for Trump Media & Technology Group (TMTG), Nunes wrote about the company’s expansion of products for “patriotic Americans,” including plans for its streaming service T…
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