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Truth Social to feature prediction markets with Crypto.com partnership

  • On Tuesday, President Donald Trump's Truth Social platform is teaming with Crypto.com to launch Truth Predict, a market for users to wager on elections, sports, and other events.
  • Amid a rapid wealth increase from crypto, the Trump Organization moved into online betting, with Reuters calculating income soared 17-fold to $864 million, over 90% from the Trump-backed cryptocurrency venture.
  • Last week, President Donald Trump pardoned Changpeng Zhao, Binance founder, drawing corruption accusations as Binance promoted the family's meme coin days later, while ethics experts warned of conflicts.
  • House Committee on Oversight and Accountability Chair James Comer said investigators are "reading about this" and signaled comfort with public disclosures, while critics urged tougher scrutiny of the family's global deals.
  • With Donald Trump Jr.'s advisory roles at Kalshi and Polymarket, which settled with the Commodities and Futures Trading Commission and exited the U.S. in 2022, regulatory questions deepen.
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  • 38% of the sources lean Left
38% Left

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Political Wire broke the news in New York, United States on Tuesday, October 28, 2025.
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