The Trump Crypto Playbook Exposed: How the Family Always Comes Out on Top, Leaving Investors in the Dust
By investing minimal amounts of their own funds, the US president and his sons have successfully increased the family fortune by at least $2.3 billion through their primary cryptocurrency ventures, whereas the investors they have attracted have incurred a significant loss of $2.3 billion, as revealed by an in-depth examination conducted by Reuters.
The licensing agreements are considered to be the most advantageous type of deal, primarily due to the fact that they involve minimal risk, and this is precisely what makes them so appealing, as they do not require the investment of any substantial capital, thereby minimizing potential financial losses, and this is a key reason why the licensing deals are viewed as superior to other types of agreements.
During the 2024 presidential campaign, Donald Trump took to X.com to promote his highly publicized "State of Crypto Address", an event that generated significant interest and attention from various stakeholders in the cryptocurrency sector.
The reporting for this investigation was conducted by a team of journalists, including Tom Bergin, who worked from London, Michelle Conlin, who was based in Santa Barbara, California, Koh Gui Qing, who reported from New York, and Tom Wilson, who also worked from London, with additional support from the graphics team, led by Prinz Magtulis, and the design and illustration team, which was headed by John Emerson, while Corinne Perkins oversaw the photo editing process, and the editing of the final piece was handled by a team consisting of Tom Lasseter, Paritosh Bansal, and John Blanton.
Our standards are guided by The Thomson Reuters Trust Principles, which can be accessed by opening a new tab.
Tom Bergin is a highly accomplished investigative journalist who has developed a specialization in exposing regulatory abuses, fraud, tax avoidance, and illicit money flows, with a remarkable track record of producing award-winning content. His outstanding work has been recognized with prestigious awards, including The Gerald Loeb Prize for Distinguished Business and Financial Journalism, as well as the Orwell Prize for Journalism, which is a testament to his exceptional journalistic skills. In addition to his award-winning journalism, Tom Bergin is also a published author, having written two notable books, namely ‘Spills & Spin: The Inside Story of BP’ and ‘Free Lunch Thinking: 8 Economic Myths and Why Politicians Fall for Them’, which demonstrate his expertise in the field. For those who wish to provide tips, they can be sent via email.
Michelle Conlin is a highly acclaimed journalist working at Reuters, where she has covered a wide range of significant topics, including Americans struggling with debt, the 2016 presidential election, mortgage fraud, the foreclosure epidemic, pandemic evictions, and national breaking news, showcasing her versatility and expertise as a journalist.
Her reporting at Reuters has resulted in a wide range of significant impacts, including playing a crucial role in the development of new legislation aimed at addressing the issue of zombie homes, the implementation of new rules that prohibit banks from gagging homeowners, and the eventual termination of governmental financing support for bonds that were backed by Wall Street's involvement in the single-family homes market.
Tom Wilson is a journalist who specializes in covering investigative stories that span the finance and business sectors. Prior to his current role, he was responsible for leading Reuters' coverage of cryptocurrencies, and his in-depth series on the Binance exchange earned him the distinction of being named Reuters' Reporter of the Year in 2022. Over the course of his decade-long tenure at Reuters, Wilson spent four years working in Tokyo, where he conducted investigations into abuses within Japan's immigration system and provided extensive coverage of the tobacco giant Philip Morris. Throughout his career, his work has been recognized with numerous prestigious awards, including prizes from the Gerald Loeb Awards, the Overseas Press Club, and the Society for Advancing Business Editing and Writing.
To establish a secure method of communication with Reuters, it is essential to follow the appropriate procedures, which will be outlined in the subsequent steps, thereby ensuring the confidentiality and protection of sensitive information during the communication process.
The licensing agreements are considered to be the most advantageous type of deal, primarily due to the fact that they involve minimal risk, and this is precisely what makes them so appealing, as they do not require the investment of any substantial capital, thereby minimizing potential financial losses, and this is a key reason why the licensing deals are viewed as superior to other types of agreements.
During the 2024 presidential campaign, Donald Trump took to X.com to promote his highly publicized "State of Crypto Address", an event that generated significant interest and attention from various stakeholders in the cryptocurrency sector.
The reporting for this investigation was conducted by a team of journalists, including Tom Bergin, who worked from London, Michelle Conlin, who was based in Santa Barbara, California, Koh Gui Qing, who reported from New York, and Tom Wilson, who also worked from London, with additional support from the graphics team, led by Prinz Magtulis, and the design and illustration team, which was headed by John Emerson, while Corinne Perkins oversaw the photo editing process, and the editing of the final piece was handled by a team consisting of Tom Lasseter, Paritosh Bansal, and John Blanton.
Our standards are guided by The Thomson Reuters Trust Principles, which can be accessed by opening a new tab.
Tom Bergin is a highly accomplished investigative journalist who has developed a specialization in exposing regulatory abuses, fraud, tax avoidance, and illicit money flows, with a remarkable track record of producing award-winning content. His outstanding work has been recognized with prestigious awards, including The Gerald Loeb Prize for Distinguished Business and Financial Journalism, as well as the Orwell Prize for Journalism, which is a testament to his exceptional journalistic skills. In addition to his award-winning journalism, Tom Bergin is also a published author, having written two notable books, namely ‘Spills & Spin: The Inside Story of BP’ and ‘Free Lunch Thinking: 8 Economic Myths and Why Politicians Fall for Them’, which demonstrate his expertise in the field. For those who wish to provide tips, they can be sent via email.
Michelle Conlin is a highly acclaimed journalist working at Reuters, where she has covered a wide range of significant topics, including Americans struggling with debt, the 2016 presidential election, mortgage fraud, the foreclosure epidemic, pandemic evictions, and national breaking news, showcasing her versatility and expertise as a journalist.
Her reporting at Reuters has resulted in a wide range of significant impacts, including playing a crucial role in the development of new legislation aimed at addressing the issue of zombie homes, the implementation of new rules that prohibit banks from gagging homeowners, and the eventual termination of governmental financing support for bonds that were backed by Wall Street's involvement in the single-family homes market.
Tom Wilson is a journalist who specializes in covering investigative stories that span the finance and business sectors. Prior to his current role, he was responsible for leading Reuters' coverage of cryptocurrencies, and his in-depth series on the Binance exchange earned him the distinction of being named Reuters' Reporter of the Year in 2022. Over the course of his decade-long tenure at Reuters, Wilson spent four years working in Tokyo, where he conducted investigations into abuses within Japan's immigration system and provided extensive coverage of the tobacco giant Philip Morris. Throughout his career, his work has been recognized with numerous prestigious awards, including prizes from the Gerald Loeb Awards, the Overseas Press Club, and the Society for Advancing Business Editing and Writing.
To establish a secure method of communication with Reuters, it is essential to follow the appropriate procedures, which will be outlined in the subsequent steps, thereby ensuring the confidentiality and protection of sensitive information during the communication process.
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