Last month, twin cryptocurrency titans Cameron and Tyler Winklevoss and their cryptocurrency company donated more than $10 million in bitcoin to a prominent political action committee supporting President Donald Trump, according to new Federal Election Commission records reviewed by The Lever. The donations came less than a month after the Trump administration moved to vacate a Biden-era…
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A grand jury in Washington, D.C., has indicted former U.S. Olympic canoeist David “Davey” Hearn on a felony charge for allegedly vandalizing the Lincoln Memorial Reflecting Pool on June 19. He is facing a possible maximum sentence of 10 years in prison if convicted. Hearn, who denies the accusations, says he had noticed a partly detached piece of the Reflecting Pool’s blue liner and reached into…
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New financial disclosures by President Donald Trump show that he made more than $1.4 billion from his family’s various cryptocurrency ventures last year, reaping a windfall after pulling back on regulation of the industry and promoting the United States as “the crypto capital of the world.” Other Trump businesses, like his resorts and golf courses, have also flourished since his return to the…
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The first year of Donald Trump’s second term as U.S. president has been a most profitable one for the Trump family and its inner circle. By now, much has been reported about the web of conflicts — the unapologetic ethical morass — that defines the second Trump administration and the Trump family’s cryptocurrency ventures, foreign business deals, military contracts, and more.
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Ventures launched by the Trump family since Donald Trump’s reelection have generated at least $4 billion in proceeds and paper wealth for the Trump family. With investments across sectors like real estate, hospitality, media, cryptocurrency and more, the Trumps are “increasingly integrating their business empire” into the wider U.S. economy, says David Uberti, who has been reporting on the family’…
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For more than a decade, Silicon Valley venture capitalists have poured enormous sums of money into newfangled technology companies seeking to disrupt, and even supplant, the traditional financial system and sidestep its burdensome regulations. At the same time, the Consumer Financial Protection Bureau has policed that effort, going after such businesses for deceiving…
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