Trump family ‘made $500 million from crypto coin deal’ — before the bottom fell out on individual investors

Verified News Online

President Donald Trump and members of his family reaped about $500 million from the sale of $1.5 billion in cryptocurrency to a company that's since seen its stock price plummet — and left investors holding the bag, according to a report Monday.
Less than a year after Trump sons Don Jr. and Eric rang the Nasdaq opening bell to celebrate the crypto deal with Alt5 Sigma, the company — since renamed AI Financial Corp. — faces removal from the exchange if its shares don't rise above penny-stock levels in the next 15 trading days, and it's warned investors it may go out of business, CNBC said.
Shares in the company were trading at 68 cents each on Tuesday, down 93 percent from a year earlier and just above its 52-week low of 63 cents.
The situation led the anti-Trump Democracy Defenders Fund to call in April for a probe by the Securities and Exchange Commission, with chief anti-corruption counsel Virginia Canter telling CNBC, “The question is now: What happened to all that mo..

Continue Reading

Inside Myanmar, rebels are losing ground as military forces men into army

Verified News Online

Inside Myanmar, rebels are losing ground as military forces men into army42 minutes agoShareSaveAdd as preferred on GoogleQuentin Sommerville Bago and Karen state, Myanmar BBC/Darren ConwayThe four young men in the rebel camp hidden deep in jungle-covered mountains never wanted a part in Myanmar's civil war.
They didn't choose to be soldiers for the military either.
One had been a chef on his way home from work when he was grabbed off the street. His lack of ID was enough for the military to detain him and force him to sign up. Another was taken on his way back from a late-night karaoke session; a third had been working for the forestry department when he was arrested. The fourth man says on being arrested, drugs were slipped into his shoe, and he was framed and made to enlist.
“Before we even understood what was happening, we were sent straight to the front lines,” one of the men – all between the ages of 19 and 25 – tells the BBC.
“They made us do all kinds of things we did..

Continue Reading

Trump urged to press Xi on Chinese money laundering tied to Mexican fentanyl cartels

Verified News Online

Chinese money laundering networks were accused of being “financial fuel” for the Mexican cartels at a congressional hearing on Tuesday, where witnesses urged US President Donald Trump to prioritise the issue at his next face-to-face meeting with Chinese counterpart Xi Jinping.
“I want to be very clear, Chinese money laundering networks have become the financial fuel for cartels to poison Americans and threaten our borders, we’re seeing a Silk Road of crime across the Americas,” said Leland…

Continue Reading

Twitch streamer Kathelina’s controversy deepens as former best friend Snowcone speaks out after Kenneth’s cheating allegations

Verified News Online

Twitch streamer Kathelina (Image Via Getty) The online controversy involving Twitch streamer Kathelina, also known as Kvrtez, continues to grow as more creators become part of the discussion. The situation started after YouTuber Kenneth, known online as ImnotKenneth, shared a video about the end of his relationship with Kathelina. In the video, he made serious accusations about her personal life. Soon after, Kathelina deactivated her public social media accounts, including Twitch and Instagram.As the story spread across social media, attention shifted to another creator, Snowcone, who says she was once very close to Kathelina. Over the past few days, Snowcone shared several comments and personal details about the situation during livestreams and on social media. While some viewers showed interest in what she had to say, many others questioned why she was getting involved and accused her of trying to benefit from the controversy.Snowcone’s comments about Kathelina draw criticism from vi..

Continue Reading

What is happening inside Chud the Builder’s jail cell? Livestreamer makes new claims from custody

Verified News Online

What is happening inside Chud the Builder’s jail cell? Livestreamer makes new claims from custody (Image via Getty) Dalton Eatherly, better known online as Chud the Builder, is still being held at Montgomery County Jail in Clarksville, Tennessee, while facing an attempted murder charge linked to the shooting of Joshua Fox outside the Montgomery County Courthouse. The livestreamer is now drawing attention for a different reason after claiming jail officials took away his Bible and have refused to return it. The allegation surfaced through social media posts shared on June 7, 2026, and was later reposted on Chud the Builder’s official X account.According to a statement attributed to Dalton Eatherly and shared by field reporter Tayler Hansen on X, the Bible was taken after he was released from solitary confinement. Eatherly claimed jail staff replaced the physical Bible with a tablet that frequently crashes and loses power, making it difficult for him to read scripture. He also alleged th..

Continue Reading

Iran and Israel say they have halted strikes after first exchange of fire since truce

Verified News Online

Iran and Israel say they have halted strikes after first exchange of fire since truce6 minutes agoShareSaveAdd as preferred on GoogleDavid GrittenandAmy WalkerReutersIsraeli settlers inspect part of an Iranian ballistic missile that fell in the occupied West BankIran and Israel say they have halted attacks on each other, after the two countries exchanged fire for the first time since April's truce.
Israel's Prime Minister Benjamin Netanyahu said on Monday that his country was holding fire “at the moment”. But he stressed that the struggle against Iran and Hezbollah was “not finished”.
It came hours after Iran's armed forces said it had stopped operations following the delivery of a “painful response” to Israel. It promised “more severe and crushing measures” if Israel carried out more strikes, including in Lebanon, where Israeli forces are fighting the Iran-backed group Hezbollah.
Tehran launched missiles at Israel on Sunday in retaliation for a strike on Beirut.
Israel ..

Continue Reading

How Hong Kong’s strengths can help unlock Central Asia’s potential

Verified News Online

Hong Kong has taken a monumental step forward in expanding its global economic footprint. Last week, Chief Executive John Lee Ka-chiu, leading a high-level business delegation, wrapped up a successful five-day mission to Kazakhstan and Uzbekistan.
This historic visit – marking the first time the chief executive has led a mission to Central Asia – yielded 96 cooperation agreements and memorandums of understanding valued at more than US$1.65 billion. The exceptional results signal a major pivot…

Continue Reading

Massive ‘6-7’ event attracts hundreds of kids – but ends in fights and arrests

Verified News Online

Chaos broke out at a massive “6-7” event that attracted hundreds of kids and teens, ending in fights and arrests, according to authorities.
A Sky Zone in Shrewsbury, Missouri, held what was meant to be a family-friendly event on Sunday to celebrate the “6-7” internet meme.
But chaos erupted outside the Sky Zone as 300 to 350 unaccompanied kids and teens were waiting in line after the indoor trampoline park reached capacity, according to authorities.
“With temperatures around 90 degrees, it did not take long for tempers to flare,” the Shrewsbury Police Department said in a press release.
Within minutes, at least eight fights broke out, according to authorities. Shrewsbury Police noted that Sky Zone ”had not arranged for additional security despite the anticipated large crowd.”
open image in galleryA massive '6-7' event that attracted hundreds of kids and teens ended in fights and arrests, according to authorities (Getty Images/iStock)As officers arrived outside the Sky Zone..

Continue Reading

Trump picks ally Todd Blanche as attorney general, teeing up US Senate fight

Verified News Online

US President Donald Trump nominated Todd Blanche, acting US attorney general, to fill the position on a permanent basis, rewarding a loyal ally whose controversial actions ensure an uphill Senate confirmation fight.
The White House announced on Monday it had sent Blanche’s nomination to the Senate, a move Trump telegraphed last week during remarks at a private event in the Rose Garden. Blanche formerly served as one of Trump’s personal lawyers before the president picked him for the No 2…

Continue Reading

Disgraced crypto king Sam Bankman-Fried officially asks Trump for a pardon

Verified News Online

Sam Bankman-Fried, the imprisoned former cryptocurrency executive and billionaire, has asked the Trump administration for a pardon.
In 2024, Bankman-Fried was sentenced to 25 years in prison and $11 billion in forfeiture on a raft of fraud and conspiracy charges tied to the collapse of his FTX cryptocurrency exchange two years earlier.
The crypto fraudster asked this year for a “Pardon after Completion of Sentence,” according to a Justice Department website, though it doesn’t specify on which date he filed for the reprieve. Bloomberg previously reported the pardon effort.
Prosecutors accused Bankman-Fried, known by his nickname SBF, of misappropriating billions of dollars of customer funds for personal use, political donations and repayment on billions of dollars in loans tied to a sister trading fund. The Justice Department called the scheme “one of the largest financial frauds in history.”
In an interview with Fox Business earlier Monday, Bankman-Fried maintained that the original pr..

Continue Reading