A Senate committee is investigating whether a prominent cryptocurrency investor violated federal tax law to save hundreds of millions of dollars after he moved to Puerto Rico, a popular offshore tax haven, according to a letter reviewed by The New York Times. Senator Ron Wyden, an Oregon Democrat, sent the letter on Jan. 9 to…
The curious trade came a little past 9 p.m. on Jan. 17 — a $1,096,109 bet less than two minutes after the soon-to-be president of the United States posted on his social media account that his family had issued a cryptocurrency called $Trump. In those first minutes, a crypto wallet with a unique identification code…
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…
A founder of a French cryptocurrency company and his wife were freed in France this week after being brutally kidnapped and held for ransom, the authorities announced on Thursday. David Balland, a founder of Ledger, a company that sells physical devices to store crypto assets, was abducted alongside his wife early on Tuesday from their…
President Trump on Thursday issued an executive order to support the growth of the cryptocurrency industry, calling for a new plan to regulate a business in which he has substantial personal investments. The executive order, which was light on details, said the Trump administration would create a working group on digital assets to come up…
President Trump on Tuesday granted a pardon to Ross Ulbricht, the creator of the Silk Road drug marketplace and a cult hero in the cryptocurrency and libertarian worlds. In doing so, Mr. Trump fulfilled a promise that he made repeatedly on the campaign trail as he courted political contributions from the crypto industry, which spent…
The Trump family’s new crypto token surged in just two days to become one of the most valuable forms of digital currency in the world, creating the potential for a multibillion-dollar payout to the family but also generating a storm of questions about the conflicts of interest the new venture creates. President-elect Donald J. Trump…
A pair of 50-page policy proposals laying out the plan in detail. Discussions about the specifics with President-elect Donald J. Trump and his advisers. And talks with cabinet nominees about how to pay for it. On the eve of Mr. Trump’s inauguration, the cryptocurrency industry is pushing his incoming administration to execute an audacious plan…