Earlier, the parties had planned to create a public company that would buy CRO, the native token of the Crypto.com crypto exchange. After the announcement, CRO’s price corrected by 11%, from $0.053 to $0.0475. They had also planned to cooperate on crypto ETFs. The NYT also found that a $100 million investment in the Trump family’s World Liberty project was linked to Guren Zhou, who has been tied to money-laundering allegations. In addition, his company failed to repay $5 million in debts in the UK. Meanwhile, the token of his crypto startup, which raised $7.6 million, lost value. Of the $100 million, companies controlled by the president and his three sons received $75 million.