American Bitcoin, a Cryptocurrency Company Co-Founded by Members of the Trump Family, Announces Plans to Go Public

The deal marks a further expansion of the family's involvement in the cryptocurrency sector. American Bitcoin, which launched in late March 2025

The Trump family is expanding its involvement in the cryptocurrency sector.

American Bitcoin, a cryptocurrency company co-founded by members of the Trump family has announced plans to go public through a merger with Gryphon Digital Mining Inc, the companies disclosed on Wednesday.

The deal will see American Bitcoin, which launched in late March, combine operations with Gryphon in a move that is expected to bring the cryptocurrency company's existing shareholders a majority stake in the new company.

American Bitcoin is a cryptocurrency company co-founded earlier this year by members of the Trump family, and is largely focused on Bitcoin mining activities.

The company's investor materials also heavily highlight its Trump connections, with visuals and text used throughout to link the venture to the nationalist messaging displayed in previous political campaigns.

Its presentation slides also saw American Bitcoin set out its ambitions to align itself with broader goals for American technological dominance, and place the company at the forefront of the domestic cryptocurrency mining sector.

The Trump family's involvement in crypto

The public listing is one of several crypto-related ventures tied to the Trump family.

In addition to American Bitcoin, they have also launched World Liberty Financial, a digital finance firm that issues its own cryptocurrency.

Separately, the family has been involved in the promotion of a meme coin named $TRUMP.

Earlier this year, members of the Trump family began selling an NFT collection to benefit Donald Trump's 2024 presidential campaign.

According to MSN, ethics observers have raised concerns about the expanding footprint of politically connected individuals in the digital asset space.

Some experts argue that the overlap between these ventures and wider political ambitions could complicate matters of influence and regulation.

After decades of use by mathematicians and computer scientists, the term "fractal" was introduced to the general public in 1975 by Benoit Mandelbrot in his book Fractals: Form, Chance and Dimension. A fractal is a geometric figure, defined in a recursive manner where the same pattern repeats at different scales.

Many objects in nature such as coastlines, clouds, snowflakes, and trees can be modeled using fractals.

In a 1967 article in the journal Science, Mandelbrot reported on an anomaly observed in the counts of seaport arrivals in diverse time periods. As an example, he examined the statistics of 19th century sailing ships arriving at the port of Baltimore from foreign ports. In his analysis, he discovered that time periods used to aggregate the data had an impact on the obtained statistics.

When shorter time periods were considered, e.g., days or weeks, the statistics exhibited broad variability, and the distribution of arrival counts followed a pattern typical of a Poisson process. However, when longer time periods were used to aggregate the data, e.g., months or years, the variability in the statistics decreased, and the distribution of arrival counts converged toward a Gaussian (Normal) distribution.

This property, known as the "fractal" property, is encountered in various natural phenomena and is an essential aspect of Mandelbrot's work in fractals.

In 2.0, we learned how to code basic functions in Python and explored fundamental concepts in programming, preparing us for more advanced topics. Now, in 2.1, we'll delve deeper into object-oriented programming (OOP) and learn about classes, instances, methods, and attributes in greater detail.

We'll also pick up where we left off with loops and learn about different types of loops, including for loops and while loops. These loops allow us to repeat commands multiple times, which is useful for automating tasks and performing calculations.

After President Bill Clinton left office in 2001, he and his administration were the subject of several ethics complaints. These complaints were filed with the Office of Government Ethics (OGE) and covered a variety of issues, including conflicts of interest, abuse of office, and improper fundraising practices.

One of the most significant complaints was filed by the Center for Responsive Politics (CRP) in 2000. The complaint alleged that Clinton and his administration had engaged in a pattern of fundraising impropriety, including accepting excessive campaign contributions and using government resources to solicit donations. The complaint also claimed that Clinton had abused his office by granting pardons and commutations in exchange for political favors.

Another notable complaint was filed by the conservative group Judicial Watch in 2001. This complaint focused on Clinton's last-minute grant of 140 pardons and 60 commutations in the final hours of his presidency. Judicial Watch alleged that Clinton had used his pardon power to benefit corrupt officials, donors to the Democratic Party, and other politically connected individuals.

In addition to these complaints, there were also several other instances of alleged wrongdoing by Clinton and his administration. For example, one complaint alleged that Clinton had improperly used government funds to pay for his personal legal expenses in connection with the Paula Jones sexual harassment lawsuit. Another complaint claimed that Clinton had abused his travel