The post Trump sues New York Times for $15B, $TRUMP token appeared on BitcoinEthereumNews.com. Donald Trump sued The New York Times, four of its journalists, and book publisher Penguin Random House for $15 billion in damages in a defamation lawsuit. The lawsuit, filed Monday in a federal court in Florida, alleges their stories intentionally damaged his reputation and one of his major businesses, the $TRUMP cryptocurrency token. In the complaint, Trump charges a sustained attempt by the Times and its reporters to take him down through what he describes as malicious and false reporting. The case identifies a book titled Lucky Loser: How Donald Trump Squandered His Father’s Fortune and Created the Illusion of Success, written by Times reporters Susanne Craig and Russ Buettner. And published by Penguin Random House. Trump’s attorneys contend that the book, as well as accompanying articles questioning his business history and connections between the $TRUMP token and Chinese crypto mogul Justin Sun. Which is unfairly injured both his reputation and his cryptocurrency venture. It responded by rejecting the allegations, referring to the suit as meritless. “This lawsuit has no merit. It has no legitimate legal claims and is instead an effort to discourage and stifle independent reporting,” the paper stated. By promising to keep fighting for press freedom. The legal action comes as the $TRUMP token suffers significant losses. Figures from CoinMarketCap indicate the coin has plunged almost 88% from its all-time high of around $75 to around $8.50. This is giving it a market capitalization of $1.7 billion. Trump maintains that negative news coverage directly contributed to the losses. It is a decline notwithstanding, Trump’s individual fortune has increased due to other crypto-related businesses and investments. Trump’s sons, Eric Trump and Donald Trump Jr.. They have diversified their engagement in blockchain ventures, highlighting the family’s continued thrust into digital assets. Source: https://thenewscrypto.com/trump-sues-new-york-times-for-15b-says-reporting-hurt-trump-token/The post Trump sues New York Times for $15B, $TRUMP token appeared on BitcoinEthereumNews.com. Donald Trump sued The New York Times, four of its journalists, and book publisher Penguin Random House for $15 billion in damages in a defamation lawsuit. The lawsuit, filed Monday in a federal court in Florida, alleges their stories intentionally damaged his reputation and one of his major businesses, the $TRUMP cryptocurrency token. In the complaint, Trump charges a sustained attempt by the Times and its reporters to take him down through what he describes as malicious and false reporting. The case identifies a book titled Lucky Loser: How Donald Trump Squandered His Father’s Fortune and Created the Illusion of Success, written by Times reporters Susanne Craig and Russ Buettner. And published by Penguin Random House. Trump’s attorneys contend that the book, as well as accompanying articles questioning his business history and connections between the $TRUMP token and Chinese crypto mogul Justin Sun. Which is unfairly injured both his reputation and his cryptocurrency venture. It responded by rejecting the allegations, referring to the suit as meritless. “This lawsuit has no merit. It has no legitimate legal claims and is instead an effort to discourage and stifle independent reporting,” the paper stated. By promising to keep fighting for press freedom. The legal action comes as the $TRUMP token suffers significant losses. Figures from CoinMarketCap indicate the coin has plunged almost 88% from its all-time high of around $75 to around $8.50. This is giving it a market capitalization of $1.7 billion. Trump maintains that negative news coverage directly contributed to the losses. It is a decline notwithstanding, Trump’s individual fortune has increased due to other crypto-related businesses and investments. Trump’s sons, Eric Trump and Donald Trump Jr.. They have diversified their engagement in blockchain ventures, highlighting the family’s continued thrust into digital assets. Source: https://thenewscrypto.com/trump-sues-new-york-times-for-15b-says-reporting-hurt-trump-token/

Trump sues New York Times for $15B, $TRUMP token

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Donald Trump sued The New York Times, four of its journalists, and book publisher Penguin Random House for $15 billion in damages in a defamation lawsuit. The lawsuit, filed Monday in a federal court in Florida, alleges their stories intentionally damaged his reputation and one of his major businesses, the $TRUMP cryptocurrency token.

In the complaint, Trump charges a sustained attempt by the Times and its reporters to take him down through what he describes as malicious and false reporting. The case identifies a book titled Lucky Loser: How Donald Trump Squandered His Father’s Fortune and Created the Illusion of Success, written by Times reporters Susanne Craig and Russ Buettner.

And published by Penguin Random House. Trump’s attorneys contend that the book, as well as accompanying articles questioning his business history and connections between the $TRUMP token and Chinese crypto mogul Justin Sun. Which is unfairly injured both his reputation and his cryptocurrency venture.

It responded by rejecting the allegations, referring to the suit as meritless. “This lawsuit has no merit. It has no legitimate legal claims and is instead an effort to discourage and stifle independent reporting,” the paper stated. By promising to keep fighting for press freedom.

The legal action comes as the $TRUMP token suffers significant losses. Figures from CoinMarketCap indicate the coin has plunged almost 88% from its all-time high of around $75 to around $8.50. This is giving it a market capitalization of $1.7 billion. Trump maintains that negative news coverage directly contributed to the losses.

It is a decline notwithstanding, Trump’s individual fortune has increased due to other crypto-related businesses and investments. Trump’s sons, Eric Trump and Donald Trump Jr.. They have diversified their engagement in blockchain ventures, highlighting the family’s continued thrust into digital assets.

Source: https://thenewscrypto.com/trump-sues-new-york-times-for-15b-says-reporting-hurt-trump-token/

Market Opportunity
OFFICIAL TRUMP Logo
OFFICIAL TRUMP Price(TRUMP)
$3.398
$3.398$3.398
-0.35%
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

LTC Cloud Mining aims to make mining simple and accessible

LTC Cloud Mining aims to make mining simple and accessible

LTC Cloud Mining simplifies crypto mining with accessible contracts, daily payouts, and a $20 welcome bonus. #sponsored
Share
Crypto.news2025/09/19 17:31
Avalanche and Hyperliquid Lead Crypto Rally Post-Fed Rate Cut

Avalanche and Hyperliquid Lead Crypto Rally Post-Fed Rate Cut

The post Avalanche and Hyperliquid Lead Crypto Rally Post-Fed Rate Cut appeared on BitcoinEthereumNews.com. In brief Crypto markets have posted broad gains following the Federal Reserve’s quarter-point rate cut. Hyperliquid’s USDH stablecoin has been “attracting liquidity across the board from many institutions,” according to an analyst. The momentum now hinges on project-specific catalysts, with altcoins more exposed to volatility than Bitcoin, experts told Decrypt. Avalanche (AVAX) and Hyperliquid (HYPE) led the altcoin rally on Thursday as digital assets responded positively to the Federal Reserve’s latest rate cut and project-specific developments. AVAX rocketed 10.1% to $32.59, while HYPE jumped 7.2% to $58.43 in the past 24 hours, according to CoinGecko data.  Other major altcoins followed suit, with Dogecoin (DOGE) advancing 5.4% to $0.27, Solana (SOL) climbing 4.5% to $244 and Cardano (ADA) rising 4.3% to $0.90. (ADA) rising 4.3% to $0.90.  Bitcoin (BTC) maintained its position above $117,000 with a modest 0.3% gain, while Ethereum (ETH) posted a 2.1% increase to $4,588. The rally follows the Fed’s widely anticipated quarter-point rate cut, which lowered the federal funds rate to a range of between 4.25% to 4.50%.  Bitcoin and other major digital assets largely traded flat in the immediate aftermath, as investors had already priced in the highly anticipated Fed call. “While the Fed’s rate cut buoyed broader risk sentiment, AVAX’s outperformance seems driven by Avalanche’s announcement of a $1 billion Digital Asset Treasury plan,” Min Jung, senior analyst at quantitative trading firm Presto, told Decrypt. The Avalanche Foundation is in advanced talks to raise $1 billion via a Nasdaq-listed firm backed by Hivemind and a Dragonfly-sponsored SPAC, with proceeds earmarked for discounted AVAX buybacks, according to the Financial Times. Bitwise also filed paperwork on Monday for an AVAX ETF, utilizing Coinbase to custody the digital assets, which adds to the token’s institutional adoption prospects. Jung noted the rally could “sustain in the near term…
Share
BitcoinEthereumNews2025/09/18 18:49
US Crypto Perps Are Coming Within a Few Weeks, Says CFTC Chair

US Crypto Perps Are Coming Within a Few Weeks, Says CFTC Chair

The US’ top derivatives regulator is gearing to open the door to crypto perpetual futures. Speaking on Tuesday at the Milken Institute’s Future of Finance conference
Share
Financemagnates2026/03/04 20:52