logo
Trump Crypto Feud Heats Up With Cease-and-Desist Letter

Trump Crypto Feud Heats Up With Cease-and-Desist Letter

Bloomberg6 days ago

Tensions between the competing factions of Donald Trump's ever-growing crypto empire are ramping up, with a company owned in part by the president's sons sending a cease-and-desist letter to the organization behind his lucrative memecoin.
World Liberty Financial, which the Trump family has a major stake in, sent the letter to Fight Fight Fight, the company responsible for the memecoin, which is run by the president's long-time friend and promoter, Bill Zanker, according to a person familiar with the matter who asked for anonymity, because the letter hasn't been made public.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Kennedy's new CDC panel includes members who have criticized vaccines and spread misinformation
Kennedy's new CDC panel includes members who have criticized vaccines and spread misinformation

Washington Post

time8 minutes ago

  • Washington Post

Kennedy's new CDC panel includes members who have criticized vaccines and spread misinformation

NEW YORK — U.S. Health Secretary Robert F. Kennedy Jr. on Wednesday named eight new vaccine policy advisers to replace the panel that he abruptly dismissed earlier this week . They include a scientist who researched mRNA vaccine technology and became a conservative darling for his criticisms of COVID-19 vaccines, a leading critic of pandemic-era lockdowns, and a professor of operations management.

David Hogg won't try to keep his DNC role amid dispute over Democratic primaries
David Hogg won't try to keep his DNC role amid dispute over Democratic primaries

Associated Press

time10 minutes ago

  • Associated Press

David Hogg won't try to keep his DNC role amid dispute over Democratic primaries

David Hogg said Wednesday he will not fight to hold onto his leadership role in the Democratic National Committee after igniting a firestorm over his push to target long-serving Democrats in safe congressional seats. Hogg announced his retreat hours after the DNC removed him and another officer, Pennsylvania state lawmaker Malcolm Kenyatta, from their vice chair roles, saying the February elections they won did not follow the party's rules. Hogg said he will not run in the redo elections to be held over the weekend. With dejected Democrats looking for a path back to relevance after a disastrous 2024 election, Hogg said earlier this year that he plans to raise millions of dollars through a political action committee unaffiliated with the DNC called Leaders We Deserve to support young progressives against party stalwarts. He says the party needs a shake-up to bring in leaders who will more aggressively confront Trump and connect with younger voters and offer an inspiring new vision for a party voters are rejecting. The push rankled many Democrats, who said DNC officers should be focused on defeating Republicans, not sowing division among Democrats. Hogg on Wednesday decried 'a serious lack of vision from Democratic leaders, too many of them asleep at the wheel,' noting three Democratic House members have died this year after being reelected in November, leaving the party shorthanded in Washington. The culture on Capitol Hill rewards seniority and protects complacency, he said in a statement announcing his decision to walk away from his DNC role. 'If there is anything activism or history teaches us it's that comfortable people, especially comfortable people with power, do not change,' Hogg said. 'In this moment of crisis, comfort is not an option.' In April, DNC Chair Ken Martin proposed bylaw changes to require party officers to remain neutral in all Democratic primaries. Party neutrality is crucial to maintaining the confidence of voters, he argued, pointing to the bitter feud that emerged after supporters of Sen. Bernie Sanders' 2016 campaign believed he was stymied by party insiders putting their thumb on the scale in favor of Hillary Rodham Clinton, who won the nomination but went on to lose the general election to Donald Trump. Hogg rose to prominence as a gun-control advocate after surviving the 2018 school shooting in Parkland, Florida. ___

New bill grants lifetime NYPD pension to children of fallen officers, closing gap in previous law
New bill grants lifetime NYPD pension to children of fallen officers, closing gap in previous law

CBS News

time11 minutes ago

  • CBS News

New bill grants lifetime NYPD pension to children of fallen officers, closing gap in previous law

New legislation passed Wednesday is set to help the families of fallen New York City Police officers for years to come. The "Home Rule" bill was championed for years by the daughter of fallen NYPD Det. Miosotis Familia, who calls this an impactful win for not only herself but NYPD families across the city. Children previously not entitled to lifetime pension Familia was killed in the line of duty back in 2017. Her daughter Genesis Villella was 20 years old, and she dropped out of college to care for her twin siblings, Peter and Delilah, who were only 12. Previously under law, spouses or parents of fallen NYPD officers were entitled to the officer's pension for life, but the officer's children were not. That meant because Familia was a single mother, Villella and her siblings fell through the gap. "The orphan children were forgotten and skipped over numerous times, but I didn't want to allow that to happen anymore," Villella said. "My mom, she made an impact" For years, Villella has pushed for legislation to support the children of fallen NYPD officers, and on Wednesday, it was finally passed by City Council. "Finally this is one chapter of this entire journey I've been on that I can close that should have never existed in the first place," Villella said. "Me and my brother and sister will be receiving my mom's pension, her pension that she would have enjoyed had she made it to retirement." The City Council says the new bill not only honors Familia's legacy by giving her children the support they deserve but also marks a significant correction to a systemic failure. "If this happens in the FDNY, in the Department of Correction, the Department of Investigation or any other city agency where this might be an issue, we now will have in law the example to replicate to protect everyone," Majority Leader Amanda Farías said. "This is solidifying, like, in history that my mom, she made an impact. Everybody loved her. Her death meant something. I know that but now everyone is going to know that," Villella said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store