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Trump gave crypto the red-carpet treatment. It’s crashing anyway

Trump gave crypto the red-carpet treatment. It’s crashing anyway


New York — 

For President Donald Trump, pivoting his personal investments and his administration’s priorities to favor cryptocurrencies has been a lucrative move. His family’s crypto venture raked in more than $1 billion last year, on top of tens of millions in income from his real estate empire, according to his latest financial disclosure.

For the crypto industry, Trump 2.0 has been more of a mixed blessing.

Trump’s re-entry to the White House accompanied a burst of enthusiasm from crypto investors. While Trump previously said crypto “seems like a scam,” he made a heel-turn during his 2024…

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