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TEXXR

Chronicles

The story behind the story

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Investigation: the Trump family's crypto empire has reaped over $1B in pre-tax profits over the past year; Eric Trump says the true figure is “probably more”

The president and his family have built a rapidly growing digital assets empire which has been fuelled by the administration's industry-friendly policies

Financial Times

Discussion

  • @pickardje Jim Pickard on bluesky
    According to a Financial Times investigation, the Trump business has already reaped more than $1bn in pre-tax profits over the past year, in part thanks to a crypto boom fuelled by the administration's own industry-friendly policies  —  www.ft.com/content/2ea2...
  • @staffordphilip Philip Stafford on bluesky
    Asked whether the FT's calculations on his family's profits were broadly accurate, Eric Trump said the true figure was “probably more”.  —  www.ft.com/content/2ea2...
  • @pculpepper Pepper Culpepper on bluesky
    The newest get rich quick scheme: be president.  Excellent investigation by FT into Trump family' sudden and startling crypto wealth.
  • @robertscotthorton Scott Horton on bluesky
    FT examines Uday and Qusay's billion-dollar crypto scam.  How the Trumps are vacuuming up bribes from foreign governments at an unprecedented pace, while US regulators and prosecutors sit back and do nothing (or applaud their successful corruption). www.ft.com/content/2ea2...
  • r/politics r on reddit
    How the Trump companies made $1bn from crypto