A classic trump deal.

[berg80]

Trump family got about $500M from crypto venture — but investors saw steep losses​

Back in August, Eric Trump and Donald Trump Jr. were all smiles. They showed up at the Nasdaq stock exchange in New York to celebrate a new business partnership with a little-known publicly traded company, then called Alt5 Sigma, to give investors easier access to a cryptocurrency backed by the Trump family.

Less than 10 months later, the company has warned investors it may not be able to stay in business much longer. Its share price has fallen more than 90%, and a rebranding hasn’t revived investor interest. If the company, now called AI Financial Corp., can’t sustainably raise its share price out of penny-stock levels in the next 15 trading days, it faces the prospect of being delisted by the Nasdaq.

One of the few parties who benefited from the Alt5 Sigma transaction is the Trump family. As part of the August deal, Alt5 acquired $1.5 billion worth of crypto tokens from World Liberty Financial, the crypto company co-founded by Eric Trump and Donald Trump Jr., among others, in 2024. The president and undisclosed members of his family were entitled to roughly $500 million in proceeds from the crypto sale, according to disclosures by World Liberty Financial.

Trump family got about $500M from crypto venture — but investors saw steep losses

Eric Trump and Donald Trump Jr. celebrated a deal with Alt5 Sigma that generated roughly $500 million for the Trump family. The company's shares are down 93%.

www.cnbc.com

It rings a bell. Like investors in DJT Media who also got screwed. The stock is worth about $8 a share after the company reported a $406 million loss in Q1 due to substantial unrealized losses on crypto investments.

He definitely is a stable genius when it comes to the art of the con.

 

[Meister]

Let the SEC investigate and see where it leads.
I think people are crazy to invest in crypto, and really crazy
for not understanding crypto and still invests. Bitcoin has lost nearly 50%
over the last 8 months.

 

[berg80]

Let the SEC investigate and see where it leads.

But, you don't think it actually will............do you? While trump is prez? C'mon man.

 

[Meister]

But, you don't think it actually will............do you? While trump is prez? C'mon man.

**** off, I said what I said, and stand by it. My opinion.
The SEC may know more than you and I and see it differently.
You and I don't have all the facts, just what CNBC wanted us to know.

But I gave YOU some follow up sound advice so you wouldn't look stupid
losing your money on such a speculative venture. You're welcome

 

[struth]

Trump family got about $500M from crypto venture — but investors saw steep losses​

Back in August, Eric Trump and Donald Trump Jr. were all smiles. They showed up at the Nasdaq stock exchange in New York to celebrate a new business partnership with a little-known publicly traded company, then called Alt5 Sigma, to give investors easier access to a cryptocurrency backed by the Trump family.

Less than 10 months later, the company has warned investors it may not be able to stay in business much longer. Its share price has fallen more than 90%, and a rebranding hasn’t revived investor interest. If the company, now called AI Financial Corp., can’t sustainably raise its share price out of penny-stock levels in the next 15 trading days, it faces the prospect of being delisted by the Nasdaq.

One of the few parties who benefited from the Alt5 Sigma transaction is the Trump family. As part of the August deal, Alt5 acquired $1.5 billion worth of crypto tokens from World Liberty Financial, the crypto company co-founded by Eric Trump and Donald Trump Jr., among others, in 2024. The president and undisclosed members of his family were entitled to roughly $500 million in proceeds from the crypto sale, according to disclosures by World Liberty Financial.

Trump family got about $500M from crypto venture — but investors saw steep losses

Eric Trump and Donald Trump Jr. celebrated a deal with Alt5 Sigma that generated roughly $500 million for the Trump family. The company's shares are down 93%.

www.cnbc.com

It rings a bell. Like investors in DJT Media who also got screwed. The stock is worth about $8 a share after the company reported a $406 million loss in Q1 due to substantial unrealized losses on crypto investments.

He definitely is a stable genius when it comes to the art of the con.

yes makes good deals