Cryptocurrencies
The Man Who Got Eric Trump Into American Bitcoin Before 70% Rout
Mike Ho, chief executive officer of American Bitcoin Corp., and Eric Trump, during an interview in New York in September.
Photographer: Kena Betancur/BloombergEric Trump rang the Nasdaq bell in September to celebrate a more than $500 million windfall from American Bitcoin Corp.’s trading debut. Three months later, the shares have cratered 70%.
Standing beside him that day was a little-known Canadian now at the center of the meltdown: Michael Ho, who helped sell Trump on the venture over dinner at the US president’s Florida golf club and now serves as the company’s CEO.