Former President Donald Trump provided details about CIC Digital LLC, a company that receives licensing fees for utilizing his likeness on non-fungible tokens (NFTs).
What Happened: The disclosure revealed that CIC Digital LLC possesses a US bank account with a balance of less than $1,000.
Additionally, the company holds an Ethereum ETH/USD wallet containing an estimated value ranging from $250,000 to $500,000, Bloomberg reported.
These details were part of a revised financial filing submitted by Trump on July 13. The filing provides specifics on almost one hundred income sources, totaling over $1.2 billion.
The sources of income include foreign business activities, speaking fees, and earnings generated from a Florida-based golf course. Melania Trump, the former First Lady, reported earning $1.2 million from her speaking engagements.
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Why It Matters: In the realm of NFTs, data from OpenSea reveals a notable increase in sales of Trump-branded digital assets. The sale volume of the Trump NFT Trading Cards saw a surge of 17%, while the floor price experienced a modest 2% rise, trading at 4.18 ETH.
It is also worth noting that the former President garnered a six-figure income from NFT sales in 2022. His financial disclosure form, made public by the watchdog group CREW in April, discloses earnings ranging from $100,001 to $1 million from NFT transactions.
In December 2022, Trump made headlines by announcing his debut NFT collection, consisting of digital trading cards portraying cartoon illustrations of himself in heroic poses and outfits. The collection featured unique cards, including one showcasing him in a spacesuit donning sunglasses, and another depicting him as a superhero shooting lasers from his eyes.
Priced at $99 per card, the former president touted the release as a major announcement. The collection of 45,000 NFTs completely sold out within a day, as reported by the hosting website.
Price Action: At the time of writing, ETH was trading at $2,009 up 8% in the last 24 hours, data from Benzinga Pro shows.
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The man who killed three people on the streets of Nottingham was allowed to avoid taking long-lasting antipsychotic medication because he did not like needles.
An independent review also reveals that Valdo Calocane punched a police officer in the face and held his flatmates “hostage”.
He frightened one neighbour so much, she jumped out of a first floor window and seriously damaged her back.
Mental health staff did not visit his home alone.
Calocane, who had been diagnosed with paranoid schizophrenia, was sentenced to an indefinite hospital order after killing 19-year-old students Barnaby Webber and Grace O’Malley-Kumar, and 65-year-old caretaker Ian Coates, before attempting to kill three other people in June 2023.
NHS England initially planned to release only a summary of the report because of data protection laws, but reversed its decision “in line with the wishes of the families”.
Those relatives say the revelation that Calocane was refusing his meds shows he may have been “spared prison on the basis of incomplete evidence”.
Prosecutors accepted a plea of manslaughter after experts agreed his schizophrenia meant he wasn’t fully responsible for his actions.
But in a statement, the families said: “This was a man who actively avoided his medication and treatment, knowing that when he didn’t take his medication he would become paranoid and violent.
“He was responsible for his actions and was allowed to make these decisions by his treating teams, but yet when he came to court, we were told a very different story.”
A “theme” running through Calocane’s clinical records is that he “did not consider himself to have a mental health condition”, the review found.
That meant the importance of medication “never appeared to be understood” by him.
The report detailed four hospital admissions between 2020 and 2022 and multiple contacts with community teams before he was discharged to his GP because of a lack of interaction with mental health services.
Investigators found that “the offer of care and treatment available for VC (Valdo Calocane) was not always sufficient to meet his needs” and this was “not unique” to his case.
Health officials have admitted it is “clear the system got it wrong”.
Dr Jessica Sokolov, regional medical director at NHS England (Midlands), said: “It’s clear the system got it wrong, including the NHS, and the consequences of when this happens can be devastating.
“This is not acceptable, and I unreservedly apologise to the families of victims on behalf of the NHS and the organisations involved in delivering care to Valdo Calocane before this incident took place.”
Claire Murdoch, NHS England’s national mental health director, added: “Nationally, we have asked every mental health trust to review these findings and set out action plans for how they treat and engage with people who have a serious mental illness, including how they work with other agencies such as the police.
“And we’ve instructed trusts not to discharge people if they do not attend appointments.”
The report, which found Calocane’s risk “was not fully understood, managed, documented or communicated” should be a “watershed moment”, a mental health charity boss has said.
Marjorie Wallace, chief executive of mental health charity Sane, said there had been “one hundred such inquiries in the last 30 years”.
She added: “Today’s findings expose the same flaws and fault lines that have resulted in tragedies, yet little seems to have changed.”
FILE PHOTO: The logo of Toyota is pictured in Cuautitlan Izcalli, Mexico, January 30, 2025
Raquel Cunha | Reuters
Japan’s Toyota Motor on Wednesday reported a second consecutive fall in quarterly profit, while announcing that it will set up a new company in China to make electric vehicles as it plays catch up with automakers focused on EVs.
Here are Toyota’s results compared with estimates from analysts, compiled by LSEG.
Revenue: 12.39 trillion yen vs. 12.1 trillion yen
Operating profit: 1.22 trillion yen vs. 1.39 trillion yen
The world’s largest automaker by sales volume saw anearly 28% year-on-year drop in operating profit during the quarter ended December.
The results mark Toyota’s second consecutive year over year decline in operating profit after the company saw profit fall 20% year over year in the previous quarter.
Net income attributable to the company, however, jumped to 2.19 trillion yen from 1.36 trillion yen a year ago.
The automaker’s consolidated vehicle sales for its financial third-quarter dropped to 2.44 million from 2.55 million units a year ago.
Still, Toyota maintained its full-year dividend forecast at 90 yen, compared with a dividend payout of 75 yen a year earlier.
Toyota said it will establish a wholly-owned company for the development and production of Lexus BEVs and batteries in Shanghai, China. The new company is expected to start production in 2027.
Toyota shares rose over 1% in Tokyo on Wednesday.
The companysaw its operating profit drop in the key North America region by 113.7 billion yen in the December quarter, year on year, while it declined by over 46 billion yen in Asia.
Toyota has been slower than competitors at embracing fully battery-powered electric vehicles, and instead has focused on hybrids, according to local reports.