An American financier invested $100mn in the Trump family’s flagship bitcoin project just nine weeks after a probe into his crypto business was dropped by the Trump administration.
DRW Investments, a Chicago-based company founded and controlled by trader Don Wilson, bought almost 4mn shares in Trump Media & Technology Group last month, according to public filings, as part of a funding round for the purchase of more than $2bn in cryptocurrency.
The investment in TMTG, which is behind the Truth Social app and controlled by the US president’s