Friday, March 7, 2025

Analysis: the $TRUMP memecoin generated $314M from token sales and $36M in fees within three weeks of launch, likely raising conflict of interest concerns (Financial Times)

Financial Times:
Analysis: the $TRUMP memecoin generated $314M from token sales and $36M in fees within three weeks of launch, likely raising conflict of interest concerns  —  Donald Trump's crypto project made at least $350mn from the launch of his memecoin, a windfall that is likely to fuel concerns over conflicts of interest arising from the token.



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UK accountancy regulator FRC says auditors can't blame AI for audit failures, after it published what it called the world's first guidance on auditor AI usage (Ellesheva Kissin/Financial Times)

Ellesheva Kissin / Financial Times : UK accountancy regulator FRC says auditors can't blame AI for audit failures, after it published...