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@TheBadPlace@mastodon.ozioso.online · 16h ago
The Daily Beast Latest Articles | Eric Trump Vanishes From Troubled Firm as Crypto Woes Mount by Leigh Kimmins AI generated summary, Read the full article for complete information. Eric Trump has been quietly removed from the leadership page of Alt5 Sigma Corp.—now rebranding as AI Financial Corp.—a Las Vegas fintech firm closely tied to his family’s crypto venture, World Liberty Financial. Once listed as a board director (later reduced to a non‑voting board observer), his name vanished by early March amid mounting legal and financial turmoil for the Trump‑linked crypto project. The company, which had previously stockpiled World Liberty tokens, is now facing a high‑profile lawsuit from crypto billionaire Justin Sun, who accuses it of extortion and freezing his tokens, costing him $276 million in potential gains. Alt5’s shares have plummeted about 90 % since the token announcement, it reported a $341 million loss in its most recent fiscal year, and it warned of “substantial doubts” about surviving another year. The firm’s leadership has also been unstable, cycling through three CEOs in a few weeks and enduring internal investigations, while the broader Trump crypto empire sees declining token values and ongoing legal challenges. Read more: https://www.thedailybeast.com/eric-trump-vanishes-from-troubled-firm-as-crypto-woes-mount/ #EricTrump #Alt5Sigma #WorldLiberty #JustinSun #Trumpfamily
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@wdlindsy@toad.social · Apr 20, 2026
"A company backed by Donald Trump Jr. and Eric Trump is trying to sell military drone interceptors to Gulf countries facing attacks from Iran, raising ethical concerns about profiting from a conflict tied to their father, Donald Trump." ~ Aaron Parnas #JaredKushner #DonaldTrumpJr #EricTrump #Trump #corruption #SaudiArabia #Iran #AffiinityPartners #media #ConflictofInterest /6 https://aaronparnas.substack.com/p/major-news-significant-conflict-of
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@wdlindsy@toad.social · Apr 20, 2026
"Critics argue the situation creates potential conflicts of interest, suggesting foreign governments may feel pressure to do business with the president’s family. ... Jared Kushner is seeking to raise billions for his private equity firm while also serving as a key Middle East envoy for Donald Trump." #JaredKushner #DonaldTrumpJr #EricTrump #Trump #corruption #SaudiArabia #Iran #AffiinityPartners #media #ConflictofInterest /7
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In reply to
@wdlindsy@toad.social · Apr 20, 2026
"He has reportedly been meeting with foreign investors, including Saudi Arabia’s sovereign wealth fund, despite previously saying he would avoid fundraising during Trump’s second term." #JaredKushner #DonaldTrumpJr #EricTrump #Trump #corruption #SaudiArabia #Iran #AffiinityPartners #media #ConflictofInterest /8
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@ItalianNews@mastodon.ozioso.online · Mar 09, 2026
Today: I figli di Trump puntano sui droni per le commesse del Pentagono Eric Trump e Donald Trump Jr., i figli del presidente americano Donald Trump, stanno finanziando una nuova azienda produttrice di droni che punta a soddisfare la nuova domanda del Pentagono emersa dalla guerra contro l'Iran e a colmare il vuoto lasciato dal divieto imposto dall'amministrazione... Trump’s children are bidding on Pentagon contracts using drones. Eric Trump and Donald Trump Jr., the sons of U.S. President Donald Trump, are funding a new drone manufacturing company that aims to meet the new demand from the Pentagon stemming from the war with Iran and to fill the void left by the ban imposed by the administration... #Trump #Pentagon #EricTrump #DonaldTrumpJr #DonaldTrump https://www.today.it/mondo/i-figli-di-trump-puntano-sui-droni-per-le-commesse-del-pentagono.html
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