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Eric Trump

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Trump’s son backs Israeli drone maker in $1.5B merger, sparking ethics questions
business8 days ago

Trump’s son backs Israeli drone maker in $1.5B merger, sparking ethics questions

Eric Trump is backing a $1.5 billion merger between Israeli drone maker Xtend and Florida-based JFB Construction Holdings to take Xtend public, a move prompting renewed conflict‑of‑interest concerns as the Trump family expands its business during his presidency; Xtend’s drones are used by Israel’s military and have Pentagon contracts, and the deal involves other Trump‑linked ventures and governance moves.

Trump's Meme Coin Gains and Disputes Amid Family and Investment News
business8 months ago

Trump's Meme Coin Gains and Disputes Amid Family and Investment News

The Official Trump memecoin briefly rose 6% after Eric Trump announced that World Liberty Financial (WLF) plans to acquire a significant stake, but the price quickly retreated, and some crypto commentators expressed skepticism about the strength of the rally. The coin is currently valued at around $2 billion, but has seen an 8.65% decline over the past month, amid controversy over a proposed wallet and family involvement in crypto projects.

Eric Trump Pushes for US Crypto Dominance with Sensible Regulation
cryptocurrency1 year ago

Eric Trump Pushes for US Crypto Dominance with Sensible Regulation

Eric Trump advocates for "sensible" crypto regulation to position the US as a global leader in the industry, following Bitcoin's historic surge past $100,000. He emphasizes the need for clear guidelines to foster innovation and suggests that cryptocurrencies will eventually surpass traditional finance. The Trump administration plans to reshape the regulatory environment, with Paul Atkins nominated as SEC chair, aiming to replace Gary Gensler's stringent approach. Eric Trump also highlights Elon Musk's role in driving government efficiency and innovation.

"Eric Trump Defends Father as Deadline Looms in $464M NY Fraud Case"
legalpolitics1 year ago

"Eric Trump Defends Father as Deadline Looms in $464M NY Fraud Case"

Eric Trump defends his father against the half-billion dollar bond required in the New York civil fraud case, calling it "legal lawfare" and claiming it aims to bankrupt and hurt his father. The Trump legal team has appealed and requested a stay on the $454 million civil fraud judgment, arguing it is unprecedented for a private company. If the bond is not secured by Monday's deadline, the state Attorney General is prepared to seize Trump's New York properties.

"Eric Trump's Grievance Over Lenders Laughing at Half-Billion Dollar Bond Scramble"
politics1 year ago

"Eric Trump's Grievance Over Lenders Laughing at Half-Billion Dollar Bond Scramble"

Eric Trump complains about the difficulty of securing a half-billion dollar bond for his father, Donald Trump, ahead of a deadline to appeal a ruling in a New York State case involving the Trump Organization. He claims lenders were laughing at the request, but the ruling allows for the bond to be funded by multiple sources, and similar cases have seen billion-dollar rulings appealed after securing bonds. Eric Trump also asserts that the effort to bankrupt his father will backfire and predicts a win in November, while also making claims about the value of Mar-a-Lago and his father's impact on the New York skyline.

"Eric Trump's Claims About Lenders and Seizing Trump's Properties Spark Controversy"
politics1 year ago

"Eric Trump's Claims About Lenders and Seizing Trump's Properties Spark Controversy"

Eric Trump's comments about the difficulties his family faced in securing a bond payment for his father's civil fraud ruling sparked ridicule online, with many mocking his remarks on Fox News' Sunday Morning Futures. The former president, Donald Trump, faces a penalty of over $450 million after being found liable in a civil fraud trial brought by the New York Attorney General, and his inability to secure the bond amount has led to widespread criticism and ridicule on social media.