This is our flagship newsletter Morning Wire. You can subscribe here and we’ll email it to you daily.
Welcome back. Today’s highlights include Donald Trump’s significant financial gains from crypto, a devastating attack in Kyiv, and insights into global cyber scams powered by U.S. technology. Plus, the U.S. soccer team’s continuing success at the World Cup.
Trump’s $1 Billion Crypto Windfall
In a surprising financial disclosure, former President Donald Trump reportedly amassed $1.2 billion from cryptocurrency investments last year. This amount significantly surpasses the earnings from his renowned real estate ventures. Read more.
Why this matters:
- Trump’s expansive financial report raises queries about the ethics of profiting from his presidential tenure. White House officials maintain that Trump’s actions have always been in the public’s interest, emphasizing that he remains detached from his family business.
- His swift integration of crypto assets, aided by favorable policies and influential figures, marks a notable shift in his investment strategy.
- Additionally, Trump benefited from lucrative real estate deals in countries strategically aligning with U.S. interests.
Related coverage →
Trump flies on new Air Force One worth $400 million gifted by Qatar
U.S. Tech Fuels Global Cyber Scams
An investigative report by AP and “FRONTLINE” reveals that technology from American companies is a critical component in the operations of international cyber scams. Investigative reporter Erika Kinetz elaborates on how U.S. digital services are exploited by scammers.
Insights from the investigation:
Scammers in Southeast Asia leverage American internet services, AI systems, and social media to expand their operations. Despite this, the U.S. lacks new regulatory measures to combat such fraudulent activities.
Related coverage →
Read the full story: How global scammers use US tech to fleece people
Deadly Russian Attack on Kyiv
At least 17 individuals lost their lives in a large-scale Russian missile and drone strike on Kyiv, causing extensive damage to the city’s infrastructure. Read more.
Why this matters:
- Russia’s increased aggression towards Kyiv coincides with Ukraine’s drone strikes on Russian military and energy facilities, exacerbating fuel shortages and pressuring Russian leadership.
Related coverage →
WATCH: Rescuers pull the injured from rubble in Kyiv
U.S. Soccer Team Advances in World Cup
The U.S. soccer team secured a 2-0 victory against Bosnia-Herzegovina, thanks to Malik Tillman’s pivotal goal. The win advances the team to the round of 16, where they will face Belgium. Read more.
“`
