Why The Trump-UAE Crypto Deal Made No Financial Sense--For The Emiratis

[cliffside]

2. Trump's Profiteering Hits $4 Billion

https://www.newyorker.com/news/a-reporter-at-large/trumps-profiteering-hits-four-billion-dollars

This article was mentioned on the Stephanie Ruhle show tonight, posting link for the future.


Digital World Acquisition Corp.

I remember when DWAC was mentioned on a financial message board in 2021 and that trump was involved.

https://en.wikipedia.org/wiki/Digital_World_Acquisition_Corp.

"Digital World Acquisition Corp. (DWAC), founded in 2021, was an American special-purpose acquisition company (SPAC), a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus making the private company public without going through the initial public offering process, which often carries significant procedural and regulatory burdens.[1][2] The company was led by CEO and Chairman Patrick Orlando, the founder and CEO of investment consulting and investment banking firm Benessere Capital.[3] In October 2021, the company announced a proposed merger agreement with Trump Media & Technology Group (TMTG), the owner of Truth Social, which completed in March 2024.[4][5]..."

Chart

https://www.tradingview.com/x/Vke6ovTW/