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Tag Archives: News

Trump’s Sneaker Site Is Selling Bitcoin-Themed Sneakers

The Trump Sneakers website, an online store he declared fully owned in his 2023 financial disclosure, listed Bitcoin-themed high-top and low-top shoes right after he concluded his speech at BTC 2024. These sneakers cost as much as $499. Resellers have already flooded secondary markets like eBay with it, listing it for as much as five times the original price. Some were seen with an asking price of $2,500. If people are shelling out that amount is yet to be known. Nevertheless, the most...

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BitClout Founder Nader Al-Naji Sued By the SEC

Nader Al-Naji, BitClout founder, was sued by the US Securities and Exchange Commission (SEC) for misappropriating $7 million of investor money. He allegedly used it to fund his lavish lifestyle, like paying for the lease on his Beverly Hills mansion and giving cash gifts to family members. The SEC is also holding him accountable for selling $257 million worth of unregistered securities through the BTCLT token, native to the BitClout project. Funds that Al-Naji misused originate from here....

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