Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of PoliticsBest OfAll BoardsThe Shrewd’m Weekly ¤Learn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of PoliticsBest OfAll BoardsThe Shrewd’m Weekly ¤Learn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", sykesix asked the members: "What do you do if you arrive early at movie besides go to the snack bar?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (3) |
Author: ges ✧✺  😊 😞
Number: of 88930 
Subject: Re: All this bitcoin bullshit....
Date: 04/01/25 5:01 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 1
How the Trump Family Took Over a Crypto Firm as It Raised Hundreds of Millions

What Happened: The Trump family quietly seized control of crypto firm World Liberty Financial as it raised $550 million through sales of $WLFI tokens. The family now claims 75% of net token revenue and 60% of business profits—despite the project lacking a public platform and offering no profit-sharing or tradeable tokens to investors.

Why It Matters: This arrangement creates massive conflicts of interest, with a sitting U.S. president and his family directly profiting from an opaque financial venture they are deregulating. Under crypto's anonymity, this can be used as a vehicle for political access—or foreign influence.

Source: Reuters
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to ges here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 88,852 posts about US Policy. The article-length ones it recommended most:
It's going to get worse · 33 recs · 2025
G’day Donny · 30 recs · 2026
Old Related Story · 28 recs · 2026
HCR is a national treasure · 27 recs · 2025
Fascism in America · 27 recs · 2025
Unthreaded | Threaded | Whole Thread (3) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community | Privacy