Tag: SPAC
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Trump Investors Are Among Wall Street’s Biggest Losers in a Rallying Year
Trump Investors Amid a Broader Market Rally Investors who placed big bets on Donald Trump’s publicly traded media and technology venture are among the year’s notable losers as global markets surged. While stock indices climbed from Amsterdam to Sydney, the market’s trajectory exposed the risk of riding the coat tails of a celebrity-led narrative rather…
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Trump Investors Among Wall Street’s Biggest Losers: What Went Wrong
The Rise and Fall of the Trump Media Bet Investors who placed their trust in Donald Trump’s publicly traded media and technology venture are among the standout losers in a year when global markets have rebounded from Amsterdam to Sydney. The story is less about a single misstep and more about a broader risk profile:…
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Scaramucci-Led $220 Million Investment Ties Crypto Miner to President’s Family
Overview: A High-Profile Investment in a Crypto Miner In a deal that has drawn attention from crypto observers and political watchers alike, a crypto mining firm tied to the President’s family received a substantial infusion of capital led by Anthony Scaramucci. The reported total was around $220 million, with a sizable portion coming from Scaramucci-led…
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Scaramucci-Backed Crypto Mining Firm Ties to President’s Family
Overview: A High-Profile Investment in Crypto Mining An investment totaling $220 million was led by former White House communications director and noted financier Anthony Scaramucci into a crypto mining firm that has ties to members of the President’s extended circle. The money was raised before the company went public through a reverse merger in September,…