Chinese-linked firm raises $300M from private investor to buy TRUMP memecoin

A little-known tech company with ties to China is pledging up to $300 million to purchase Bitcoin and the Trump-themed memecoin TRUMP, according to a May 11 filing with the US Securities and Exchange Commission. The move immediately raised alarms over potential conflicts of interest and regulatory gaps, as it could enrich the Trump family. source: https://cryptoslate.com/chinese-linked-firm-raises-300m-from-private-investor-to-buy-trump-memecoin/