Anonymous wrote:Tiny Company With China Ties Announces 300mn$ Purchase of Trump Cryptocurrency
The firm, which produces content for TikTok, recorded no revenue last year, but it announced this week that a mysterious stock sale would allow it to invest heavily in the $TRUMP memecoin.
https://www.nytimes.com/2025/05/13/us/politics/trump-crypto-purchase.html
On the Senate floor on Tuesday, Senator Christopher S. Murphy, Democrat of Connecticut, spent 20 minutes walking through the various sources of overseas money pouring into the Trump family business, including the memecoin, a real-estate deal involving the government of Qatar and a separate $2 billion crypto deal with a firm backed by the United Arab Emirates.
“If a mayor of a small town was selling meetings at City Hall for a thousand bucks, he would be run out of town on a rail, but that’s exactly what Donald Trump is doing in the Middle East and all over the world,” Mr. Murphy said.