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Donald Trump unveiled his cryptocurrency platform, World Liberty Financial, during a livestream on September 16, 2024. The venture, led by his sons, aims to disrupt traditional banking. Concerns about conflicts of interest and security issues have emerged, particularly following recent hacks targeting family members' accounts.
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As the lockup period for Trump Media & Technology Group shares nears expiration, concerns grow over the potential impact of Donald Trump selling his significant stake. Shares have plummeted nearly 60% since May, raising questions about the company's future and Trump's political prospects ahead of the election.
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Recent court rulings have legalized election betting markets in the U.S., allowing platforms like Kalshi to offer wagers on political outcomes. This follows a lawsuit against the CFTC, which sought to block such markets due to concerns over election integrity. The ruling could significantly impact political betting dynamics ahead of the 2024 elections.