According to the latest rumors, the company is behind Trump and Trump Media & Technology Group (TMTG), it will make a group of about $ 3 billion to invest in encryption, especially in Bitcoin. This was revealed by The Financial Times, which determines an image in which one billion dollars should be recovered through convertible bonds and 2 billion of the remaining stocks.
TMTG screams in fake news
The reaction was almost immediate by Trump, the media, who responded to these rumors, and identified the facts such as financial Times and fake news carriers.
Interesting, at the present time, from the White House, no comment on this topic has received. At the same time, money and acquisitions are sold by the company with the aim of going to the reality of Fintech.
It is also strange to note that only during the month that has just ended, Trump Media has signed an agreement on a new line of financial products for retail, including ETF, which will be launched on the market. A step continues like the “America First” vision by Donald Trump.
Dinner with profit
This news comes a few days after a very exclusive dinner that Trump hosted at the Golf Club near Washington. But who were Diners? Nearly 220 of the main investors in Trump, the currency, which was born in the period before the Trump settlement directly to the White House.
It is clear that the controversy and harsh criticism protested, through some sharp slogans such as “No to Kings” and “stopped to corruption of encryption”. On the waiting list, the Democratic Party, Elizabeth Warren, spent a few words about dinner, where the event was determined as “corruption orientation.”
The conflict of interests that links personal investments and conflicts of interests is the main topic of the story, and a difficult node that makes public opinion more exciting.
The ecosystem for encryption in the Trump family
The net advertisement, we know very well that the Trump family is linked to a double wire with the encrypted currency market: Eric Trump and Donald Junior participate in the new mining project in Cooperation with HUT 8 Which takes the name of the American bitcoin. In addition, family members are present and very active in encryption events, including one also appears this week that JD Vance sees a speaker and vice president.
Currently, the memecoin $ Trump in the declining stage, however, decreased by -19 % and arresting itself, a net post -noise event, at $ 12.71. The opposite of that cut is the bitcoin position instead of last month, it has an increase of 15 %, as it reached 109400 dollars.
To close
Trump’s vector TMTG seems to create a financial machine in the encryption market $ 3 billion. However, this step raises more doubts than certainty, between accusations of conflict of interest and corruption. The encryption market, as we know, is rewarded bold, and although Trump again emphasizes the protagonist in the scene, the risks this time seem much higher and risky than simple trading.
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