Chinese entrepreneur sued for fraud invests $30 million in Trump crypto venture

A $30 million investment in Donald Trump's new crypto venture made by a Chinese billionaire accused of fraud by the SEC is sparking concerns from government watchdogs.

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'Friendlier climate toward new technology’ expected under Trump, venture capitalist says. What that means for AI, crypto

In 2025, generative AI may start to fulfill its potential and allow for cryptocurrencies to be traded 'more freely,' venture capitalist Bradley Tusk says.
CNBC - 1d
Trump wants $480 million New York fraud case dropped for the 'greater good' — attorney general says no

The civil case accused President-elect Donald Trump and others of falsely inflating his asset values to boost his stated net worth and get financial perks.
CNBC - 1d
New York AG will continue to pursue $454 million civil fraud judgment against Trump

Donald Trump's impending inauguration does not impact his $454 million civil fraud judgment, the New York attorney general's office told Trump's lawyer Tuesday.
ABC News - 1d
Trump says venture capitalist David Sacks will be AI and crypto 'czar'

David Sacks spoke at the Republican National Convention in Milwaukee in July and hosted a fundraiser for Trump in San Francisco.
CNBC - 5d
Trump picks venture capitalist David Sacks as AI and crypto ‘czar’

Top donor with links to Musk to offer leadership on ‘two areas critical to the future of American competitiveness’. Donald Trump announced on Thursday that he was nominating podcaster and former ...
The Guardian - 5d
Trump says venture capitalist David Sacks will be AI and crypto ‘czar’

Venture investor and podcaster David Sacks will join the Trump administration as the “White House A.I. & Crypto Czar,” President-elect Donald Trump announced on Truth Social on Thursday.
NBC News - 5d
Alex Mashinsky: founder of bankrupt crypto firm to plead guilty to fraud

Mashinsky, 59, who led Celsius and was charged last year on seven criminal counts, agrees to plead guilty to two. Alex Mashinsky, the founder of bankrupt cryptocurrency lender Celsius Network, said ...
The Guardian - Dec. 3
Smilegate invests in GTA leader Dan Houser’s Absurd Ventures

Smilegate has made a strategic investment in Absurd Ventures, a game studio founded by Rockstar Games cofounder Dan Houser.
VentureBeat - Dec. 3