Trump family 'made $500 million from crypto coin deal' -- before the bottom fell out on individual investors

[BumRushDaShow]

Source: Yahoo! News/The Independent

Tue, 9 June 2026 at 5:27 pm


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.

Shares in the company were trading at 68 cents each on Tuesday, down 93 percent from a year earlier and just above its 52-week low of 63 cents. The situation led the anti-Trump Democracy Defenders Fund to call in April for a probe by the Securities and Exchange Commission, with chief anti-corruption counsel Virginia Canter telling CNBC, "The question is now: What happened to all that money?"

Former New Jersey Attorney General Matthew Platkin, who reviewed the matter with Democracy Defenders, said he saw "all the indicators that normally raise significant concerns among regulators." "This are serious red flags with this company that warrant investigation," Platkin told CNBC.

Read more: https://uk.news.yahoo.com/trump-family-made-500-million-194450933.html

[KS Toronado]

1. There will be no investigation while he's in the White House.

[orangecrush]

3. Got that right

[Bengus81]

2. Trump humping suckers line up to buy their con job BS left and right

They got burned? FUCK their feelings.

[FakeNoose]

4. Why aren't "Uday and Qusay" being investigated?

This is their scheme, and they walked away with $500 million?
Less than a year later, and the company is going under?
Where do they find these investors?

[eppur_se_muova]

5. Hmmmm ... why did SpellCheck change "therefore" to "before" ? nt

[southmost]

6. theft or money laundering

[City Lights]

7. There's a sucker born every minute.

You'd think Pedo's cult would have learned by now that everything he is involved with is a scam where he swindles others out of their money to enrich himself.

[Bayard]

8. "What happened to all that money"

I'm sure that question will be asked many times after trump is gone.

[dave99]

9. WHY would anyone spend 1 cent on anything related to shitstain ?

You deserve to lose that 1 cent

[2na fisherman]

10. Pump And Dump Scheme

A classic financial fraud that may not be investigated under the current administration. But when the Dems take over, the Trump crime syndicate must be forced to account for their many financial crimes.

[Prairie Gates]

11. This is why Trump won't give up on the Slush Fund

The slush fund was never about "reimbursing" the J6 morons, who continue to serve as idiotic tools for the Trumps. Rather, it was about establishing a $2 billion legal defense fund to handle the coming investigations into the massive corruption of the Trump family and close associates.