Tag: statement

Donald Trump’s Ethereum wallet holds $2.8M, new statement shows

coiner

A new financial statement has revealed former United States President Donald Trump owns over $2.8 million in an Ethereum wallet. The statements shared on Aug. 14 by the non-profit watchdog Citizens for Responsibility and Ethics in Washington show Trump made over $4.8 million from licensing fees tied to nonfungible token (NFT) collections using his image — with Trump netting around $7.6 million from his crypto-related ventures. The $2.8 million in Trump’s Ethereum wallet is considerably larger than the $250,000 to $500,000 figure disclosed in Trump’s April 14 filing. You might’ve missed…

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SEC concerned over ‘Ether is not a security’ statement

coiner

Newly released documents showing edits that were made to a 2018 speech given by former director of the Security and Exchange Commission’s corporate finance division Bill Hinman suggest the editors were concerned his statement might undermine the idea that Ether (ETH) is a security.  This could risk locking the agency into a position it would find hard to change at a later date, the SEC comments warn. “Even with the caveats in the sentence, it seems that it would be difficult for the agency to take a different position on…

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