#tko-stock

2 entries with this tag

Corruption & Grift

UFC to Pay White House Cage Match Fighters in Crypto Issued by Trump's Own Company — While He Owns the Stock, Sells $12,000 Coins, and Hosts a $1M-Per-Plate Fundraiser

UFC Freedom 250 fighters at the White House will receive bonuses in USD1 — a stablecoin issued by World Liberty Financial, co-owned by the Trump family (75% of profits) and Steve Witkoff's family. Witkoff is Trump's Middle East envoy — the man negotiating the Iran ceasefire. A second $1 million bonus pool pays fighters in CRO from Crypto.com, which has donated millions to Trump's super PAC and partnered with Trump Media on prediction markets and ETFs. Trump bought TKO stock before promoting the event. The Trump Organization sells co-branded coins up to $11,999.99. A $1 million-per-plate super PAC fundraiser is the night before. Ringside sponsorship: $1M+. The octagon features logos from Crypto.com, Polymarket (Don Jr. is an advisor), VeChain, Stake, and Exodus. A former DOJ prosecutor called it "a real distillation of this administration: take public property and use it for private benefit." The White House claims the government "is not making any money on this event." The president is.

Corruption & Grift

Only 16% of Americans Think a UFC Fight at the White House Is Appropriate — It's Costing $60 Million, Trump Bought the Stock, and They're Selling $12,000 Coins with His Face

A Reuters/Ipsos poll finds only 16% of Americans think Trump's UFC cage match at the White House is appropriate — 46% say it's inappropriate, and only 31% of Republicans support it. The event costs $60 million, requires 494 port-a-potties, a 90-foot lighting rig called "The Claw," and 5,000 seats on the South Lawn. TKO expects to lose $30 million. Trump bought $15,000-$50,000 in TKO stock before promoting the event — the stock rose 8.86% after the announcement. The Trump Organization is selling commemorative coins with Trump's face for up to $11,999.99. A federal lawsuit alleges the event violates park regulations and is "deeply corrupt." The DOJ's response: "No one is holding Plaintiffs in a jiu jitsu lock." UFC — not the White House — controls press credentials. Dana White invited celebrities; most declined. Joe Rogan objected to the outdoor venue. The president turns 80 during a cage fight he's profiting from on the South Lawn of the people's house.