Live – Is Trump Media Selling Bitcoin? Democrats Prepare Crypto Probe

Trump Media, Donald Trump’s media company, recently moved 4,259 Bitcoin worth about $343 million to Crypto.com in two transactions from wallets labeled as collateral for convertible notes, blockchain data tracked by Arkham showed. A sale has not been confirmed, and the company has used Crypto.com for custody and trading-related transfers before. The transfer comes as Trump Media faces a Nov. 30 deadline when noteholders can demand cash repayment, potentially about $1 billion, and it has warned it may need to sell digital assets if refinancing is insufficient. Democrats, after winning Congress in the midterm elections, are preparing investigations into Trump family crypto ventures including World Liberty Financial, with subpoena power starting in January.