Economy Trump Media to raise $3 billion to spend on cryptocurrencies, FT reports

[HOLA]

(Reuters) -U.S. President Donald Trump's social media firm, Trump Media & Technology Group, plans to raise about $3 billion to spend on cryptocurrencies such as bitcoin, the Financial Times reported on Monday, citing people familiar with the matter. Trump Media aims to raise $2 billion in fresh equity and $1 billion more through a convertible bond, the report said...Trump Media Group responded to a Reuters request for comment by calling both Reuters and the Financial Times "fake news" outlets.

Last month, Trump Media reached a binding agreement to launch various retail investment products, including crypto and exchange-traded funds aligned with Trump's America First policies. This, however, has attracted scrutiny from government ethics and regulatory authorities. The company's capital raise is expected to be announced ahead of a major crypto investor and advocate meeting this week, the FT report said, adding that Vice President JD Vance and Trump's sons Donald Jr. and Eric are expected to speak.

 

[wlu.29]

Money laundering

 

[ermac88]

If he wasnt fucking America (and the world at this point), I'd respect his criminal gangsta

How many felons pull of jobs like this and get away with it?

 

[Cool Hand Luke]

Loney Maundering.

 

[nixkid]

So how much Trump coin are they going to buy? Because we all know they are buying Trump coin. Use one grift to boost the other grift.

 

[Kingz]

Shrewd

Crypto is the future