Trump Coin: A mysterious Nevada business invests $ 300 million in cryptocurrencies on May 13, a small company based in Nevada, GD Culture Group, announced that he wanted to invest $ 300 million in cryptocurrencies, especially in Bitcoin and the very controversial Trump Coin, a memecoin promoted by the former American president. An ad that raises many questions: Where does this money come from? And why does a business with close ties with China support an associated cryptocurrency with Donald Trump? A gigantic fantomatic company created in January 2023, GD Culture Group has only eight employees and displays a very small activity, focused on digital advertising, especially on Tiktok. It did not declare any turnover in 2024, and the NASDAQ even threatened it with exclusion for insufficient equity. However, this company announces overnight wanting to inject $ 300 million into cryptocurrencies. Difficult to believe. According to the official declaration to the SEC, the American stock market regulator, this money comes from an "accredited investor" based in the British Virgin Islands, a tax haven renowned for its financial opacity. Transparency International stresses that this jurisdiction makes it easy to mask the real identity of shareholders. Clearly: it is always unknown who is behind this massive injection of capital. The Trump Coin: simple crypto or lever for political influence? The Trump Coin, or $ Trump, is a memecoin launched shortly before Donald Trump's re -election. It is administered by two companies linked to Trump Organization. Critics denounce an attempt to buy political influence via investments in this token, the value of which is mainly based on the notoriety of the former president. The latter even invited the most generous donors to a dinner at the White House, scheduled for May 22. The economist Nathalie Janson, a specialist in cryptocurrencies, underlines the atypical character of this investment: “The samecoins as the Trump Coin have no fundamental value. Either we are a fan, or we are looking for a political influence. »Trouble connections with China the American press, including the New York Times, points to close ties between GD Culture Group and China. The company itself indicates in its financial documents that it exercises its activities in both the United States and China. Its Xianzhui Technology Co. subsidiary is based in Shanghai, and GD Culture recognizes that "the Chinese government can influence its operations". The history of GD Culture is also marked by many changes in identity and areas of activity. Born under the name of JM Global Holding Company in 2016, she merged with several entities related to waste treatment and mining extraction in China. In 2020, she became Code Chain New Continent Limited, operating in coal, steel and even video games. In 2023, she took the name of GD Culture Group and embarked on digital technologies and artificial intelligence applied to social content. Influence or coincidence? For observers, this operation raises a central question: does China seek to interfere in the sphere of American political influence via cryptocurrencies? Even if direct evidence is missing, the clues accumulate. Especially since another Chinese company, Addentax, specializing in textiles in Shenzen, announced that it wanted to invest an additional $ 800 million in the Trump Coin and other cryptocurrencies, only two days after GD Culture. "At least, with these memecoins, these funds from China are publicly transferred to structures that benefit Donald Trump," says Nathalie Janson. A strategy that questions the sudden magnitude of these investments, their legal vagueness and their link with a figure as divisive as Donald Trump arouse distrust and speculation. Is it disguised support? Of a bet on the political future of the former president? Or simply a digital communication at 300 million dollars? In any case, the case highlights the new borders, sometimes opaque, between money, influence, politics and technology.
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