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The Trump family goes all in on cryptocurrencies – much more than earlier than – with the launch of not one but two ventures this week: American Bitcoin, a bitcoin mining enterprise backed by the US president’s two eldest sons and WLFI, a token the place he’s “co-founder emeritus”.
Donald Trump already controls a number of billion {dollars} value of $TRUMP coin, a so-called meme currency within the lead-up to his inauguration earlier this yr. His newest token, provided by certainly one of his family’s corporations, generally known as World Liberty Monetary, added one other $7.7 billion to the Trump fortune when it launched earlier this week. That’s more cash than the businessman amassed over a long time working in actual property.
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