Secret Deals, Foreign Investments, Presidential Policy Changes: The Rise of Trump’s Crypto Firm

Secret Deals, Foreign Investments, Presidential Policy Changes: The Rise of Trump’s Crypto Firm

The pitch from “ZMoney” arrived on the encrypted messaging app Signal just days before Donald J. Trump’s presidential inauguration. “ZMoney” was Zachary Folkman, an entrepreneur who once ran a company called Date Hotter Girls and was now representing World Liberty Financial, the cryptocurrency firm that Mr. Trump and his sons had recently unveiled. Mr. Folkman…

Read More
Trump’s Crypto Venture Divides the Industry He Aims to Support

Trump’s Crypto Venture Divides the Industry He Aims to Support

Dressed in ball gowns, tuxedos and “Make Bitcoin Great Again” baseball caps, a crowd of some of the country’s most powerful cryptocurrency executives gathered a few blocks from the White House for a lavish party three days before President Trump’s inauguration, toasting an incoming administration that had vowed to promote the industry’s interests. Even Snoop…

Read More