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.
83 Articles
83 Articles
Trump partners with crypto betting platform suing Nevada, other states
Crypto.com, the company teaming up with Trump’s Truth Social to allow its users to make crypto bets on the outcome of future events, is suing Nevada and other states that seek to impose gambling oversight on the platform. (Photo: Jeniffer Solis/Nevada Current)President Donald Trump’s latest business partnership may place him at odds with Nevada and other states suing to stop prediction markets from accepting what regulators say are nothing more …
A '24/7 corruption machine': Anger as Trump family acquires a new racket
President Donald Trump’s family has long generated controversy and criticism for running a cryptocurrency business during his second term in office, and now they’re adding an online betting business to their portfolio.The Financial Times on Tuesday reported that the president’s Truth Social platform is getting into the prediction market business to allow bettors to place wagers on the outcomes of elections, sports games, and other events.The new…
Trump shocks with launch of betting site on events he controls
President Donald Trump’s family has long generated controversy and criticism for running a cryptocurrency business during his second term in office, and now they’re adding an online betting business to their portfolio.The Financial Times on Tuesday reported that the president’s Truth Social platform...
Trump's Truth Social to Host Online Gambling - So He Can Profit By Making Bets on His Own Actions?
The sketchy business practices of the felonious Donald Trump and his MAGA accomplices in crime continues to blaze new paths to riches for the Commander-and-Thief who presently occupies the White House. Recent reports have detailed the Trump family's...
Trump’s Truth Social to Host Online Gambling So He Can Profit By Making Bets on His Own Actions
The sketchy business practices of the felonious Donald Trump and his MAGA accomplices in crime continues to blaze new paths to riches for the Commander-and-Thief who presently occupies the White House. Recent reports have detailed the Trump family’s skyrocketing wealth during the just the past nine months of his second inglorious term. Click here to post this article on Twitter or Click here to post on Bluesky Much of the ill gotten gain that Tr…
Truth Social First Social Media to Offer Prediction Markets
Trump Media & Technology Group (TMTG), the company behind Truth Social, announced a groundbreaking expansion Wednesday that will make the platform the first social media network in the world to offer prediction markets. The initiative comes through an exclusive partnership with Crypto.com's U.S.-regulated arm, Crypto.com | Derivatives North America (CDNA), which is registered with the Commodity Futures Trading Commission (CFTC). The new feature,…
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