Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
World
Bruce Golding

Trump family ‘made $500 million from crypto coin deal’ — before the bottom fell out on individual investors

President Donald Trump and members of his family reaped about $500 million from the sale of $1.5 billion in cryptocurrency to a company that's since seen its stock price plummet — and left investors holding the bag, according to a report Monday.

Less than a year after Trump sons Don Jr. and Eric rang the Nasdaq opening bell to celebrate the crypto deal with Alt5 Sigma, the company — since renamed AI Financial Corp. — faces removal from the exchange if its shares don't rise above penny-stock levels in the next 15 trading days, and it's warned investors it may go out of business, CNBC said.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.