Coffeezilla and Molly White investigate Trump family crypto ventures and their impact on investors
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What happened
The investigation by Coffeezilla and Molly White reports that World Liberty Financial token sales reached $550 million after Trump's election win, and that a 49% stake bought for $500 million by an entity backed by Sheik Tahnoun bin Zayed was not disclosed when USD1 was used for MGX's $2 billion Binance investment. It estimates USD1 reserve interest could generate hundreds of millions for Trump family entities. It also cites a $1.5 billion ALT5 Sigma deal, after which ALT5's stock fell about 95%, and reports that TRUMP and MELANIA lost roughly 95% and 99% from their peaks. World Liberty Financial denies the allegations.
For experienced traders · Written by AI from 1 source · Wrong?
What to do
- Read the full investigation and World Liberty Financial's response before forming a view on the allegations.
- Note that the article reports that TRUMP and MELANIA lost most of their peak value, if you hold or follow these tokens.
Written by AI from the sources, checked against them
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