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Letterboxd, the social platform for film buffs, reportedly looking for new owner | TechCrunch
Letterboxd has surged in popularity in recent years. Once a niche site for only the most fervent of film nerds, the site — which allows users to rate, review, and recommend movies to one another — has continued to add accounts by the tens of millions, thanks largely to interest from millennials and Gen Z. Now, the company’s controlling investor has apparently made it known that they are looking to cash out.

Semafor reported Sunday that Canadian holding company Tiny, which owns some 60% of Letterboxd, has been courting various potential buyers, including Versant, the parent company of CNBC and MS NOW (formerly MSNBC). Another potential buyer is The Ankler, a popular Hollywood newsletter, according to Semafor. Tiny bought the platform in 2023, valuing it at over  million. It’s unclear whether the company has neared any sort of deal.







Representatives for Letterboxd and Tiny did not immediately provide comment when reached by TechCrunch.

Founded in 2011, Letterboxd saw a jump in users in the past few years, climbing to about 26 million users this year, up from 1.7 million in 2020, according to The New York Times. In recent years, the site has seen interest from movie studios, which see it both as a vehicle for marketing films and a source of information about moviegoer trends, as well as from the Oscars, which teamed up with the social platform in a digital content partnership several years ago.
#Letterboxd #social #platform #film #buffs #reportedly #owner #TechCrunchHollywood,In Brief,Letterboxd,media,movies

Letterboxd, the social platform for film buffs, reportedly looking for new owner | TechCrunch

Letterboxd has surged in popularity in recent years. Once a niche site for only the most fervent of film nerds, the site — which allows users to rate, review, and recommend movies to one another — has continued to add accounts by the tens of millions, thanks largely to interest from millennials and Gen Z. Now, the company’s controlling investor has apparently made it known that they are looking to cash out.

Semafor reported Sunday that Canadian holding company Tiny, which owns some 60% of Letterboxd, has been courting various potential buyers, including Versant, the parent company of CNBC and MS NOW (formerly MSNBC). Another potential buyer is The Ankler, a popular Hollywood newsletter, according to Semafor. Tiny bought the platform in 2023, valuing it at over $50 million. It’s unclear whether the company has neared any sort of deal.

Representatives for Letterboxd and Tiny did not immediately provide comment when reached by TechCrunch.

Founded in 2011, Letterboxd saw a jump in users in the past few years, climbing to about 26 million users this year, up from 1.7 million in 2020, according to The New York Times. In recent years, the site has seen interest from movie studios, which see it both as a vehicle for marketing films and a source of information about moviegoer trends, as well as from the Oscars, which teamed up with the social platform in a digital content partnership several years ago.

#Letterboxd #social #platform #film #buffs #reportedly #owner #TechCrunchHollywood,In Brief,Letterboxd,media,movies

Letterboxd has surged in popularity in recent years. Once a niche site for only the most fervent of film nerds, the site — which allows users to rate, review, and recommend movies to one another — has continued to add accounts by the tens of millions, thanks largely to interest from millennials and Gen Z. Now, the company’s controlling investor has apparently made it known that they are looking to cash out.

Semafor reported Sunday that Canadian holding company Tiny, which owns some 60% of Letterboxd, has been courting various potential buyers, including Versant, the parent company of CNBC and MS NOW (formerly MSNBC). Another potential buyer is The Ankler, a popular Hollywood newsletter, according to Semafor. Tiny bought the platform in 2023, valuing it at over $50 million. It’s unclear whether the company has neared any sort of deal.

Representatives for Letterboxd and Tiny did not immediately provide comment when reached by TechCrunch.

Founded in 2011, Letterboxd saw a jump in users in the past few years, climbing to about 26 million users this year, up from 1.7 million in 2020, according to The New York Times. In recent years, the site has seen interest from movie studios, which see it both as a vehicle for marketing films and a source of information about moviegoer trends, as well as from the Oscars, which teamed up with the social platform in a digital content partnership several years ago.

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#Letterboxd #social #platform #film #buffs #reportedly #owner #TechCrunch

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Deadspin | Celtics return home with chance to finish off reeling Sixers <div id=""><section id="0" class=" w-full"><div class="xl:container mx-0 !px-4 py-0 pb-4 !mx-0 !px-0"><img src="https://images.deadspin.com/tr:w-900/28821067.jpg" srcset="https://images.deadspin.com/tr:w-900/28821067.jpg" alt="NBA: Boston Celtics at Philadelphia 76ers" class="w-full" fetchpriority="high" loading="eager"/><span class="text-0.8 leading-tight">Apr 26, 2026; Philadelphia, Pennsylvania, USA; Boston Celtics guard Payton Pritchard (11) reacts after making a three point basket against the Philadelphia 76ers during the second half at Xfinity Mobile Arena. Mandatory Credit: Eric Hartline-Imagn Images<!-- --> <!-- --> </span></div></section><section id="section-1"> <p>The Boston Celtics can close out the Eastern Conference first-round playoff series with the visiting Philadelphia 76ers in Game 5 on Tuesday night.</p> </section><section id="section-2"> </section><section id="section-3"> <p>After splitting two games in Boston, the second-seeded Celtics took a 3-1 lead in the best-of-seven series by beating the seventh-seeded 76ers twice in Philadelphia.</p> </section><section id="section-4"> </section><section id="section-5"> <p>“Played another about-as-bad-as-you-can-play game,” Philadelphia coach Nick Nurse said following Boston’s 128-96 victory in Game 4. “That’s two out of four in this series. Played well in the other two and we got to get back to playing well quickly. Got to go get one.”</p> </section><section id="section-6"> </section><section id="section-7"> <p>Philadelphia can point to defending the perimeter as one of the must-fix items on the 76ers’ list in order to stave off elimination. The Celtics made 24 3-pointers during Game 4, shooting 48.3% overall and 45.3% from 3-point range.</p> </section><section id="section-8"> </section><section id="section-9"> <p>Payton Pritchard, Boston’s backup point guard, made 6 of 12 3-pointers and tossed in 32 points in the Game 4 victory. Pritchard was 2-of-13 from 3-point territory in the first two games of the series and then made 5 of 10 3-pointers in Boston’s Game 3 win.</p> </section><section id="section-10"> </section><section id="section-11"> <p>“I don’t know if I saw anything different,” Pritchard said. “It’s just more playing with that aggression, playing with that spark. I felt it in Game 3. I was telling some of the coaches I thought it was a step in the right direction as far as my aggression and getting my rhythm back.”</p> </section><section id="section-12"> </section><section id="section-13"> <p>Boston’s 24 3-point field goals set a franchise record for made 3-pointers in a playoff game. Jayson Tatum made five shots from beyond the 3-point arc.</p> </section><section id="section-14"> </section><section id="section-15"> <p>“It was very bad,” Nurse said when asked about his team’s defensive effort in Game 4. “It just didn’t seem like any matchup could guard anybody one-on-one. We had them pushed out and bottled up and physical and really off kind of rhythm for a couple games, and there was none of that “</p> </section><br/><section id="section-16"> </section> <section id="section-17"> <p>Philadelphia’s Joel Embiid returned to the court after missing the first three games in the series following an emergency appendectomy on April 9. He finished with a team-high 26 points, 10 rebounds, and six assists, but didn’t get a lot of offensive support. </p> </section><section id="section-18"> <p>Tyrese Maxey scored 22 points, but attempted only three shots in the first half. VJ Edgecombe was 2-of-9 from the field and had six points.</p> </section><section id="section-19"> </section><section id="section-20"> <p>“That can’t happen,” Maxey said. “That’s on me. That absolutely can’t happen. That’s unacceptable by me. I was playing within the flow of the game and it kind of just happened that way. </p> </section><section id="section-21"> <p>” … We can’t win basketball games with that happening and I take full responsibility on that one.” </p> </section><section id="section-22"> </section><section id="section-23"> <p>Boston coach Joe Mazzulla said the Celtics have to be prepared for Philadelphia’s best effort in Game 5.</p> </section><section id="section-24"> </section><section id="section-25"> <p>“Regardless of who we’re playing against, we have to have an understanding that they are a really good team,” he said. “They can beat you on any given night. They’ve got great talent with the three stars that they have (Embiid, Maxey, and Paul George) and their role players when they are at their best … We’ve got to be disciplined on all the things that we can control – physical, mental, emotional, psychological, tactical, all of them.”</p> </section><section id="section-26"> </section><section id="section-27"> <p>The winner of the Celtics/76ers series will meet either third-seeded New York or sixth-seeded Atlanta in the next round. That series is 2-2 headed back to New York for Game 5 Tuesday.</p> </section><section id="section-28"> </section><section id="section-29"> <p>“We’ve got three chances to win one game,” Jaylen Brown said. “And the goal is just to get it done as soon as possible.”</p> </section><section id="section-30"> </section><section id="section-31"> <p>–Field Level Media</p> </section></div> #Deadspin #Celtics #return #home #chance #finish #reeling #Sixers

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Deadspin | Netherlands’ Xavi Simons to miss World Cup with ACL injury <div id=""><section id="0" class=" w-full"><div class="xl:container mx-0 !px-4 py-0 pb-4 !mx-0 !px-0"><img src="https://images.deadspin.com/tr:w-900/S51462ffc-53a0-4841-bbe9-cd098da1664f.jpg" srcset="https://images.deadspin.com/tr:w-900/S51462ffc-53a0-4841-bbe9-cd098da1664f.jpg" alt="Xavi Simons to Miss World Cup for Netherlands" class="w-full" fetchpriority="high" loading="eager"/><span class="text-0.8 leading-tight">Tottenham Hotspur’s Xavi Simons suffered a knee injury against the Wolverhampton Wanders on April 25 that will sideline him for the 2026 World Cup.<!-- --> <!-- --> </span></div></section><section id="section-1"> <p>A “heartbroken” Xavi Simons will miss this summer’s FIFA World Cup for the Netherlands after tearing his right ACL in English Premier League action on Saturday.</p> </section><section id="section-2"> <p>The 23-year-old midfielder was carried off on a stretcher following a collision in the 58th minute of Tottenham Hotspur’s 1-0 win at Wolverhampton Wanderers.</p> </section><section id="section-3"> <p>Simons posted on Instagram late Sunday that he will miss the last four matches of the regular season and the World Cup in North America.</p> </section><br/><section id="section-4"> <p>“They say life can be cruel and today it feels that way,” he said. “My season has come to an abrupt end and I’m just trying to process it. Honestly, I’m heartbroken. None of it makes sense. All I’ve wanted to do is fight for my team and now the ability to do that has been snatched away from me, along with the World Cup.”</p> </section> <section id="section-5"> <p>Simons has scored six goals in 34 appearances with the Netherlands’ national team. He made his debut with the squad at the 2022 FIFA World Cup in Qatar.</p> </section><section id="section-6"> <p>The Netherlands, No. 7 in the FIFA world rankings, are in Group F for the World Cup with Japan, Sweden and Tunisia. The Dutch begin play on June 14 against Japan in Arlington, Texas.</p> </section><section id="section-7"> <p>–Field Level Media</p> </section></div> #Deadspin #Netherlands #Xavi #Simons #World #Cup #ACL #injury


In a recent SEC filing, AI Financial has indicated that it may not be able to survive another year writing, “These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date these financial statements are issued.”

AI Financial is a publicly-traded company that serves as a major holder of World Liberty Financial’s WLFI tokens. In its quarterly report for the period that ended March 28th, the company posted a net loss from continuing operations of $271.3 million during the quarter, driven largely by a $348.3 million unrealized loss on its massive WLFI token holdings. The company reported only $4.7 million in revenue for the quarter (all from its fintech segment), and it ended the period with $10.5 million in cash and a $5.5 million working-capital deficit, while burning $12.3 million in operating cash flow.

However, management did also outline several potential paths to stabilize the business in their recent filing. The company had already secured a $15 million loan from World Liberty Financial in late January, providing some short-term breathing room. More importantly, it controls approximately 7.28 billion WLFI tokens, which were valued at about $706 million on the balance sheet at quarter end. Those tokens were acquired in August 2025 and remain subject to contractual lock-up provisions until around August 2026. Once unlocked, the company hopes to monetize portions of the position to cover operating needs, alongside plans for fintech revenue growth and possible additional debt or equity raises. 

The ties between AI Financial and World Liberty Financial run deep. Zachary Witkoff serves as chairman of AI Financial while also acting as CEO and co-founder of World Liberty Financial. Board member Zachary Folkman is another World Liberty Financial co-founder. World Liberty Financial itself holds a substantial stake in AI Financial, including 1 million common shares plus warrants and pre-funded warrants that together represent roughly 46% ownership on a fully diluted basis. Notably, World Liberty Financial is a Trump family project. Donald Trump is listed as co-founder emeritus and chief crypto advocate. His sons Eric Trump, Donald Trump Jr., and Barron Trump are co-founders and actively participate in the venture.

In practice, AI Financial functions as a treasury company for the WLFI token. The strategy mirrors what Michael Saylor has pursued at Strategy with bitcoin, where the public company accumulates and holds the asset as its primary reserve. In AI Financial’s case, the reserve asset is the much newer WLFI token. Critics have occasionally labeled the Strategy approach as resembling a Ponzi scheme because it depends on continued capital raises and asset appreciation to sustain operations. Applying a similar model to WLFI introduces additional layers of risk given the token’s shorter history, higher volatility, and dependence on the success of a single Trump-affiliated crypto project.

Although crypto-related projects reportedly increased the Trump family fortune by $1.4 billion in 2025 alone, a number of these Trump-linked projects have faced trouble this year. Most recently, World Liberty Financial filed a defamation lawsuit against crypto billionaire Justin Sun in Florida after Sun accused the project of improperly freezing his token holdings and pressuring him for further investments. Sun had previously purchased billions of WLFI tokens and served in an advisory role.

According to data from CoinMarketCap, the TRUMP memecoin is down 84% over the past year and World Liberty Financial’s WLFI token is down 73%.

Going forward, a key area of concern for many Trump-affiliated crypto businesses will likely be the potential inclusion of ethics or corruption-related provisions in the crypto regulatory bill known as the CLARITY Act, which is currently making its way through the U.S. Senate. The legislation advanced out of the Senate Banking Committee on a 15-9 vote in mid-May 2026, but several Democrats have signaled they will block final passage unless it includes stronger language that would restrict the president, vice president, and their families from certain digital asset transactions.

Much of the investment into these projects has drawn scrutiny over alleged conflicts of interest, including the pardon granted to former Binance CEO Changpeng Zhao, the administration’s approval of hundreds of thousands of advanced Nvidia AI chips for the United Arab Emirates shortly after a UAE royal invested $500 million in World Liberty Financial, and the aforementioned Sun’s ability to settle a prior SEC enforcement case after pouring an estimated $175 million into Trump-linked crypto tokens.

#TrumpLinked #Crypto #Company #Notes #Substantial #Doubt #Survive #MonthsCryptocurrencies,Donald Trump,World Liberty Financial">Trump-Linked Crypto Company Notes ‘Substantial Doubt’ It Can Survive Another 12 Months
                In a recent SEC filing, AI Financial has indicated that it may not be able to survive another year writing, “These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date these financial statements are issued.” AI Financial is a publicly-traded company that serves as a major holder of World Liberty Financial’s WLFI tokens. In its quarterly report for the period that ended March 28th, the company posted a net loss from continuing operations of 1.3 million during the quarter, driven largely by a 8.3 million unrealized loss on its massive WLFI token holdings. The company reported only .7 million in revenue for the quarter (all from its fintech segment), and it ended the period with .5 million in cash and a .5 million working-capital deficit, while burning .3 million in operating cash flow. However, management did also outline several potential paths to stabilize the business in their recent filing. The company had already secured a  million loan from World Liberty Financial in late January, providing some short-term breathing room. More importantly, it controls approximately 7.28 billion WLFI tokens, which were valued at about 6 million on the balance sheet at quarter end. Those tokens were acquired in August 2025 and remain subject to contractual lock-up provisions until around August 2026. Once unlocked, the company hopes to monetize portions of the position to cover operating needs, alongside plans for fintech revenue growth and possible additional debt or equity raises. 

  Trump says he knows nothing about the 0M Abu Dhabi investment in his family’s WLFI crypto project. “I don’t know about it… my family is handling it.” pic.twitter.com/sBEfXO1FCK — TFTC (@TFTC21) February 2, 2026  The ties between AI Financial and World Liberty Financial run deep. Zachary Witkoff serves as chairman of AI Financial while also acting as CEO and co-founder of World Liberty Financial. Board member Zachary Folkman is another World Liberty Financial co-founder. World Liberty Financial itself holds a substantial stake in AI Financial, including 1 million common shares plus warrants and pre-funded warrants that together represent roughly 46% ownership on a fully diluted basis. Notably, World Liberty Financial is a Trump family project. Donald Trump is listed as co-founder emeritus and chief crypto advocate. His sons Eric Trump, Donald Trump Jr., and Barron Trump are co-founders and actively participate in the venture.

 In practice, AI Financial functions as a treasury company for the WLFI token. The strategy mirrors what Michael Saylor has pursued at Strategy with bitcoin, where the public company accumulates and holds the asset as its primary reserve. In AI Financial’s case, the reserve asset is the much newer WLFI token. Critics have occasionally labeled the Strategy approach as resembling a Ponzi scheme because it depends on continued capital raises and asset appreciation to sustain operations. Applying a similar model to WLFI introduces additional layers of risk given the token’s shorter history, higher volatility, and dependence on the success of a single Trump-affiliated crypto project. Although crypto-related projects reportedly increased the Trump family fortune by .4 billion in 2025 alone, a number of these Trump-linked projects have faced trouble this year. Most recently, World Liberty Financial filed a defamation lawsuit against crypto billionaire Justin Sun in Florida after Sun accused the project of improperly freezing his token holdings and pressuring him for further investments. Sun had previously purchased billions of WLFI tokens and served in an advisory role.

  The perceived corruption associated with the CZ pardon will look even worse if the Samourai Wallet devs aren’t pardoned for similar charges. How much of World Liberty Financial’s USD1 stablecoin does one need to hold to receive a pardon? https://t.co/UwFQgJwhVc — Kyle Torpey (@kyletorpey) November 20, 2025  According to data from CoinMarketCap, the TRUMP memecoin is down 84% over the past year and World Liberty Financial’s WLFI token is down 73%. Going forward, a key area of concern for many Trump-affiliated crypto businesses will likely be the potential inclusion of ethics or corruption-related provisions in the crypto regulatory bill known as the CLARITY Act, which is currently making its way through the U.S. Senate. The legislation advanced out of the Senate Banking Committee on a 15-9 vote in mid-May 2026, but several Democrats have signaled they will block final passage unless it includes stronger language that would restrict the president, vice president, and their families from certain digital asset transactions. Much of the investment into these projects has drawn scrutiny over alleged conflicts of interest, including the pardon granted to former Binance CEO Changpeng Zhao, the administration’s approval of hundreds of thousands of advanced Nvidia AI chips for the United Arab Emirates shortly after a UAE royal invested 0 million in World Liberty Financial, and the aforementioned Sun’s ability to settle a prior SEC enforcement case after pouring an estimated 5 million into Trump-linked crypto tokens.      #TrumpLinked #Crypto #Company #Notes #Substantial #Doubt #Survive #MonthsCryptocurrencies,Donald Trump,World Liberty Financial

a recent SEC filing, AI Financial has indicated that it may not be able to survive another year writing, “These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date these financial statements are issued.”

AI Financial is a publicly-traded company that serves as a major holder of World Liberty Financial’s WLFI tokens. In its quarterly report for the period that ended March 28th, the company posted a net loss from continuing operations of $271.3 million during the quarter, driven largely by a $348.3 million unrealized loss on its massive WLFI token holdings. The company reported only $4.7 million in revenue for the quarter (all from its fintech segment), and it ended the period with $10.5 million in cash and a $5.5 million working-capital deficit, while burning $12.3 million in operating cash flow.

However, management did also outline several potential paths to stabilize the business in their recent filing. The company had already secured a $15 million loan from World Liberty Financial in late January, providing some short-term breathing room. More importantly, it controls approximately 7.28 billion WLFI tokens, which were valued at about $706 million on the balance sheet at quarter end. Those tokens were acquired in August 2025 and remain subject to contractual lock-up provisions until around August 2026. Once unlocked, the company hopes to monetize portions of the position to cover operating needs, alongside plans for fintech revenue growth and possible additional debt or equity raises. 

The ties between AI Financial and World Liberty Financial run deep. Zachary Witkoff serves as chairman of AI Financial while also acting as CEO and co-founder of World Liberty Financial. Board member Zachary Folkman is another World Liberty Financial co-founder. World Liberty Financial itself holds a substantial stake in AI Financial, including 1 million common shares plus warrants and pre-funded warrants that together represent roughly 46% ownership on a fully diluted basis. Notably, World Liberty Financial is a Trump family project. Donald Trump is listed as co-founder emeritus and chief crypto advocate. His sons Eric Trump, Donald Trump Jr., and Barron Trump are co-founders and actively participate in the venture.

In practice, AI Financial functions as a treasury company for the WLFI token. The strategy mirrors what Michael Saylor has pursued at Strategy with bitcoin, where the public company accumulates and holds the asset as its primary reserve. In AI Financial’s case, the reserve asset is the much newer WLFI token. Critics have occasionally labeled the Strategy approach as resembling a Ponzi scheme because it depends on continued capital raises and asset appreciation to sustain operations. Applying a similar model to WLFI introduces additional layers of risk given the token’s shorter history, higher volatility, and dependence on the success of a single Trump-affiliated crypto project.

Although crypto-related projects reportedly increased the Trump family fortune by $1.4 billion in 2025 alone, a number of these Trump-linked projects have faced trouble this year. Most recently, World Liberty Financial filed a defamation lawsuit against crypto billionaire Justin Sun in Florida after Sun accused the project of improperly freezing his token holdings and pressuring him for further investments. Sun had previously purchased billions of WLFI tokens and served in an advisory role.

According to data from CoinMarketCap, the TRUMP memecoin is down 84% over the past year and World Liberty Financial’s WLFI token is down 73%.

Going forward, a key area of concern for many Trump-affiliated crypto businesses will likely be the potential inclusion of ethics or corruption-related provisions in the crypto regulatory bill known as the CLARITY Act, which is currently making its way through the U.S. Senate. The legislation advanced out of the Senate Banking Committee on a 15-9 vote in mid-May 2026, but several Democrats have signaled they will block final passage unless it includes stronger language that would restrict the president, vice president, and their families from certain digital asset transactions.

Much of the investment into these projects has drawn scrutiny over alleged conflicts of interest, including the pardon granted to former Binance CEO Changpeng Zhao, the administration’s approval of hundreds of thousands of advanced Nvidia AI chips for the United Arab Emirates shortly after a UAE royal invested $500 million in World Liberty Financial, and the aforementioned Sun’s ability to settle a prior SEC enforcement case after pouring an estimated $175 million into Trump-linked crypto tokens.

#TrumpLinked #Crypto #Company #Notes #Substantial #Doubt #Survive #MonthsCryptocurrencies,Donald Trump,World Liberty Financial">Trump-Linked Crypto Company Notes ‘Substantial Doubt’ It Can Survive Another 12 MonthsTrump-Linked Crypto Company Notes ‘Substantial Doubt’ It Can Survive Another 12 Months
                In a recent SEC filing, AI Financial has indicated that it may not be able to survive another year writing, “These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date these financial statements are issued.” AI Financial is a publicly-traded company that serves as a major holder of World Liberty Financial’s WLFI tokens. In its quarterly report for the period that ended March 28th, the company posted a net loss from continuing operations of $271.3 million during the quarter, driven largely by a $348.3 million unrealized loss on its massive WLFI token holdings. The company reported only $4.7 million in revenue for the quarter (all from its fintech segment), and it ended the period with $10.5 million in cash and a $5.5 million working-capital deficit, while burning $12.3 million in operating cash flow. However, management did also outline several potential paths to stabilize the business in their recent filing. The company had already secured a $15 million loan from World Liberty Financial in late January, providing some short-term breathing room. More importantly, it controls approximately 7.28 billion WLFI tokens, which were valued at about $706 million on the balance sheet at quarter end. Those tokens were acquired in August 2025 and remain subject to contractual lock-up provisions until around August 2026. Once unlocked, the company hopes to monetize portions of the position to cover operating needs, alongside plans for fintech revenue growth and possible additional debt or equity raises. 

  Trump says he knows nothing about the $500M Abu Dhabi investment in his family’s WLFI crypto project. “I don’t know about it… my family is handling it.” pic.twitter.com/sBEfXO1FCK — TFTC (@TFTC21) February 2, 2026  The ties between AI Financial and World Liberty Financial run deep. Zachary Witkoff serves as chairman of AI Financial while also acting as CEO and co-founder of World Liberty Financial. Board member Zachary Folkman is another World Liberty Financial co-founder. World Liberty Financial itself holds a substantial stake in AI Financial, including 1 million common shares plus warrants and pre-funded warrants that together represent roughly 46% ownership on a fully diluted basis. Notably, World Liberty Financial is a Trump family project. Donald Trump is listed as co-founder emeritus and chief crypto advocate. His sons Eric Trump, Donald Trump Jr., and Barron Trump are co-founders and actively participate in the venture.

 In practice, AI Financial functions as a treasury company for the WLFI token. The strategy mirrors what Michael Saylor has pursued at Strategy with bitcoin, where the public company accumulates and holds the asset as its primary reserve. In AI Financial’s case, the reserve asset is the much newer WLFI token. Critics have occasionally labeled the Strategy approach as resembling a Ponzi scheme because it depends on continued capital raises and asset appreciation to sustain operations. Applying a similar model to WLFI introduces additional layers of risk given the token’s shorter history, higher volatility, and dependence on the success of a single Trump-affiliated crypto project. Although crypto-related projects reportedly increased the Trump family fortune by $1.4 billion in 2025 alone, a number of these Trump-linked projects have faced trouble this year. Most recently, World Liberty Financial filed a defamation lawsuit against crypto billionaire Justin Sun in Florida after Sun accused the project of improperly freezing his token holdings and pressuring him for further investments. Sun had previously purchased billions of WLFI tokens and served in an advisory role.

  The perceived corruption associated with the CZ pardon will look even worse if the Samourai Wallet devs aren’t pardoned for similar charges. How much of World Liberty Financial’s USD1 stablecoin does one need to hold to receive a pardon? https://t.co/UwFQgJwhVc — Kyle Torpey (@kyletorpey) November 20, 2025  According to data from CoinMarketCap, the TRUMP memecoin is down 84% over the past year and World Liberty Financial’s WLFI token is down 73%. Going forward, a key area of concern for many Trump-affiliated crypto businesses will likely be the potential inclusion of ethics or corruption-related provisions in the crypto regulatory bill known as the CLARITY Act, which is currently making its way through the U.S. Senate. The legislation advanced out of the Senate Banking Committee on a 15-9 vote in mid-May 2026, but several Democrats have signaled they will block final passage unless it includes stronger language that would restrict the president, vice president, and their families from certain digital asset transactions. Much of the investment into these projects has drawn scrutiny over alleged conflicts of interest, including the pardon granted to former Binance CEO Changpeng Zhao, the administration’s approval of hundreds of thousands of advanced Nvidia AI chips for the United Arab Emirates shortly after a UAE royal invested $500 million in World Liberty Financial, and the aforementioned Sun’s ability to settle a prior SEC enforcement case after pouring an estimated $175 million into Trump-linked crypto tokens.      #TrumpLinked #Crypto #Company #Notes #Substantial #Doubt #Survive #MonthsCryptocurrencies,Donald Trump,World Liberty Financial

In a recent SEC filing, AI Financial has indicated that it may not be able to survive another year writing, “These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date these financial statements are issued.”

AI Financial is a publicly-traded company that serves as a major holder of World Liberty Financial’s WLFI tokens. In its quarterly report for the period that ended March 28th, the company posted a net loss from continuing operations of $271.3 million during the quarter, driven largely by a $348.3 million unrealized loss on its massive WLFI token holdings. The company reported only $4.7 million in revenue for the quarter (all from its fintech segment), and it ended the period with $10.5 million in cash and a $5.5 million working-capital deficit, while burning $12.3 million in operating cash flow.

However, management did also outline several potential paths to stabilize the business in their recent filing. The company had already secured a $15 million loan from World Liberty Financial in late January, providing some short-term breathing room. More importantly, it controls approximately 7.28 billion WLFI tokens, which were valued at about $706 million on the balance sheet at quarter end. Those tokens were acquired in August 2025 and remain subject to contractual lock-up provisions until around August 2026. Once unlocked, the company hopes to monetize portions of the position to cover operating needs, alongside plans for fintech revenue growth and possible additional debt or equity raises. 

The ties between AI Financial and World Liberty Financial run deep. Zachary Witkoff serves as chairman of AI Financial while also acting as CEO and co-founder of World Liberty Financial. Board member Zachary Folkman is another World Liberty Financial co-founder. World Liberty Financial itself holds a substantial stake in AI Financial, including 1 million common shares plus warrants and pre-funded warrants that together represent roughly 46% ownership on a fully diluted basis. Notably, World Liberty Financial is a Trump family project. Donald Trump is listed as co-founder emeritus and chief crypto advocate. His sons Eric Trump, Donald Trump Jr., and Barron Trump are co-founders and actively participate in the venture.

In practice, AI Financial functions as a treasury company for the WLFI token. The strategy mirrors what Michael Saylor has pursued at Strategy with bitcoin, where the public company accumulates and holds the asset as its primary reserve. In AI Financial’s case, the reserve asset is the much newer WLFI token. Critics have occasionally labeled the Strategy approach as resembling a Ponzi scheme because it depends on continued capital raises and asset appreciation to sustain operations. Applying a similar model to WLFI introduces additional layers of risk given the token’s shorter history, higher volatility, and dependence on the success of a single Trump-affiliated crypto project.

Although crypto-related projects reportedly increased the Trump family fortune by $1.4 billion in 2025 alone, a number of these Trump-linked projects have faced trouble this year. Most recently, World Liberty Financial filed a defamation lawsuit against crypto billionaire Justin Sun in Florida after Sun accused the project of improperly freezing his token holdings and pressuring him for further investments. Sun had previously purchased billions of WLFI tokens and served in an advisory role.

According to data from CoinMarketCap, the TRUMP memecoin is down 84% over the past year and World Liberty Financial’s WLFI token is down 73%.

Going forward, a key area of concern for many Trump-affiliated crypto businesses will likely be the potential inclusion of ethics or corruption-related provisions in the crypto regulatory bill known as the CLARITY Act, which is currently making its way through the U.S. Senate. The legislation advanced out of the Senate Banking Committee on a 15-9 vote in mid-May 2026, but several Democrats have signaled they will block final passage unless it includes stronger language that would restrict the president, vice president, and their families from certain digital asset transactions.

Much of the investment into these projects has drawn scrutiny over alleged conflicts of interest, including the pardon granted to former Binance CEO Changpeng Zhao, the administration’s approval of hundreds of thousands of advanced Nvidia AI chips for the United Arab Emirates shortly after a UAE royal invested $500 million in World Liberty Financial, and the aforementioned Sun’s ability to settle a prior SEC enforcement case after pouring an estimated $175 million into Trump-linked crypto tokens.

#TrumpLinked #Crypto #Company #Notes #Substantial #Doubt #Survive #MonthsCryptocurrencies,Donald Trump,World Liberty Financial

mattresses before expanding into bedding, pillows, and frames. Throughout their history, the brand has continuously brought its trademark old-school style of craftsmanship. Now owned by Tempur Sealy, the iconic Stearns & Foster look features hand-stitched details and an elevated design seen in luxury hotels like the Ritz-Carlton. Today, Stearns & Foster is known for using premium materials, hand-tufted covers, patented IntelliCoil technology with an innerspring-in-innerspring design, moisture-wicking Tencel, and memory foam for pressure relief. If you’re looking for reliable, hotel-like sleep night after night for decades to come, investing in a Stearns & Foster mattress is a good idea. This luxury brand is on the pricier side, so we have a Stearns & Foster promo code and Stearns & Foster coupons to make this investment more affordable.

$300 Off With a Stearns & Foster Coupon Code

For a limited time, during the Sterns & Foster Memorial Day Event, you can save up to $700, plus get $300 in free accessories when you buy a mattress (besides the Studio model). With this Stearns & Foster coupon code, you’ll get up to $300 in free accessories or a free flat foundation with a mattress purchase. Just use Sterns & Foster promo code 300FREE at checkout.

Stearns & Foster Promo Code: $200 Off Base

The Ease Power Base is Sterns & Foster’s bestselling smartbed frame. Rated 4.7 out of 5 stars with over 2,000 five-star reviews, people love the adjustable frame to personalize their sleep experience, with a wireless remote to change their base position. The frame even has a Zero Gravity setting to help the body feel weightless with pressure relief for aches and back pain. When you purchase a Ease Power Base, you’ll get complimentary white-glove in-home delivery and a 25-year warranty for extra peace of mind with a purchase made to last decades. Plus, right now, you’ll get a $200 instant credit when you buy a qualifying mattress with Stearns & Foster promo code 200GIFT.

Get Free Pillows With Stearns & Foster

For a limited time, when you buy a qualifying Sterns & Foster mattress, you’ll get up to $300 in free accessories, including pillows and sheets. Perhaps best of all, there’s no catch: This Stearns & Foster deal automatically applies to your cart when you purchase a qualifying mattress. If you’d rather customize your free accessories, you’ll need to remove the pre-created bedding bundle from the cart and manually add the accessories of your choosing to the cart. Use Stearns & Foster coupon code 300FREE for this offer.

Stearns & Foster Free In-Home Delivery

One of the benefits of buying from a high-end brand like Stearns & Foster is their white glove delivery service and 25-year warranty for even more peace of mind. As a mattress reviewer on the WIRED Gear team, I hauled over a dozen mattresses in and out of my home. I can confidently say it was not fun. With this Stearns & Foster deal for free in-home delivery, their shipping team will set up your new mattress in the room and remove and discard all packaging materials, so you don’t have to do any of the grunt work. They’ll even dispose of your existing mattress and box spring if you request it for free.

#Top #Stearns #Foster #Couponscoupons,shopping">Top Stearns and Foster Coupons: 0 Off in 2026For 180 years, Stearns & Foster has been making mattresses before expanding into bedding, pillows, and frames. Throughout their history, the brand has continuously brought its trademark old-school style of craftsmanship. Now owned by Tempur Sealy, the iconic Stearns & Foster look features hand-stitched details and an elevated design seen in luxury hotels like the Ritz-Carlton. Today, Stearns & Foster is known for using premium materials, hand-tufted covers, patented IntelliCoil technology with an innerspring-in-innerspring design, moisture-wicking Tencel, and memory foam for pressure relief. If you’re looking for reliable, hotel-like sleep night after night for decades to come, investing in a Stearns & Foster mattress is a good idea. This luxury brand is on the pricier side, so we have a Stearns & Foster promo code and Stearns & Foster coupons to make this investment more affordable.0 Off With a Stearns & Foster Coupon CodeFor a limited time, during the Sterns & Foster Memorial Day Event, you can save up to 0, plus get 0 in free accessories when you buy a mattress (besides the Studio model). With this Stearns & Foster coupon code, you’ll get up to 0 in free accessories or a free flat foundation with a mattress purchase. Just use Sterns & Foster promo code 300FREE at checkout.Stearns & Foster Promo Code: 0 Off BaseThe Ease Power Base is Sterns & Foster’s bestselling smartbed frame. Rated 4.7 out of 5 stars with over 2,000 five-star reviews, people love the adjustable frame to personalize their sleep experience, with a wireless remote to change their base position. The frame even has a Zero Gravity setting to help the body feel weightless with pressure relief for aches and back pain. When you purchase a Ease Power Base, you’ll get complimentary white-glove in-home delivery and a 25-year warranty for extra peace of mind with a purchase made to last decades. Plus, right now, you’ll get a 0 instant credit when you buy a qualifying mattress with Stearns & Foster promo code 200GIFT.Get Free Pillows With Stearns & FosterFor a limited time, when you buy a qualifying Sterns & Foster mattress, you’ll get up to 0 in free accessories, including pillows and sheets. Perhaps best of all, there’s no catch: This Stearns & Foster deal automatically applies to your cart when you purchase a qualifying mattress. If you’d rather customize your free accessories, you’ll need to remove the pre-created bedding bundle from the cart and manually add the accessories of your choosing to the cart. Use Stearns & Foster coupon code 300FREE for this offer.Stearns & Foster Free In-Home DeliveryOne of the benefits of buying from a high-end brand like Stearns & Foster is their white glove delivery service and 25-year warranty for even more peace of mind. As a mattress reviewer on the WIRED Gear team, I hauled over a dozen mattresses in and out of my home. I can confidently say it was not fun. With this Stearns & Foster deal for free in-home delivery, their shipping team will set up your new mattress in the room and remove and discard all packaging materials, so you don’t have to do any of the grunt work. They’ll even dispose of your existing mattress and box spring if you request it for free.#Top #Stearns #Foster #Couponscoupons,shopping

before expanding into bedding, pillows, and frames. Throughout their history, the brand has continuously brought its trademark old-school style of craftsmanship. Now owned by Tempur Sealy, the iconic Stearns & Foster look features hand-stitched details and an elevated design seen in luxury hotels like the Ritz-Carlton. Today, Stearns & Foster is known for using premium materials, hand-tufted covers, patented IntelliCoil technology with an innerspring-in-innerspring design, moisture-wicking Tencel, and memory foam for pressure relief. If you’re looking for reliable, hotel-like sleep night after night for decades to come, investing in a Stearns & Foster mattress is a good idea. This luxury brand is on the pricier side, so we have a Stearns & Foster promo code and Stearns & Foster coupons to make this investment more affordable.

$300 Off With a Stearns & Foster Coupon Code

For a limited time, during the Sterns & Foster Memorial Day Event, you can save up to $700, plus get $300 in free accessories when you buy a mattress (besides the Studio model). With this Stearns & Foster coupon code, you’ll get up to $300 in free accessories or a free flat foundation with a mattress purchase. Just use Sterns & Foster promo code 300FREE at checkout.

Stearns & Foster Promo Code: $200 Off Base

The Ease Power Base is Sterns & Foster’s bestselling smartbed frame. Rated 4.7 out of 5 stars with over 2,000 five-star reviews, people love the adjustable frame to personalize their sleep experience, with a wireless remote to change their base position. The frame even has a Zero Gravity setting to help the body feel weightless with pressure relief for aches and back pain. When you purchase a Ease Power Base, you’ll get complimentary white-glove in-home delivery and a 25-year warranty for extra peace of mind with a purchase made to last decades. Plus, right now, you’ll get a $200 instant credit when you buy a qualifying mattress with Stearns & Foster promo code 200GIFT.

Get Free Pillows With Stearns & Foster

For a limited time, when you buy a qualifying Sterns & Foster mattress, you’ll get up to $300 in free accessories, including pillows and sheets. Perhaps best of all, there’s no catch: This Stearns & Foster deal automatically applies to your cart when you purchase a qualifying mattress. If you’d rather customize your free accessories, you’ll need to remove the pre-created bedding bundle from the cart and manually add the accessories of your choosing to the cart. Use Stearns & Foster coupon code 300FREE for this offer.

Stearns & Foster Free In-Home Delivery

One of the benefits of buying from a high-end brand like Stearns & Foster is their white glove delivery service and 25-year warranty for even more peace of mind. As a mattress reviewer on the WIRED Gear team, I hauled over a dozen mattresses in and out of my home. I can confidently say it was not fun. With this Stearns & Foster deal for free in-home delivery, their shipping team will set up your new mattress in the room and remove and discard all packaging materials, so you don’t have to do any of the grunt work. They’ll even dispose of your existing mattress and box spring if you request it for free.

#Top #Stearns #Foster #Couponscoupons,shopping">Top Stearns and Foster Coupons: $300 Off in 2026

For 180 years, Stearns & Foster has been making mattresses before expanding into bedding, pillows, and frames. Throughout their history, the brand has continuously brought its trademark old-school style of craftsmanship. Now owned by Tempur Sealy, the iconic Stearns & Foster look features hand-stitched details and an elevated design seen in luxury hotels like the Ritz-Carlton. Today, Stearns & Foster is known for using premium materials, hand-tufted covers, patented IntelliCoil technology with an innerspring-in-innerspring design, moisture-wicking Tencel, and memory foam for pressure relief. If you’re looking for reliable, hotel-like sleep night after night for decades to come, investing in a Stearns & Foster mattress is a good idea. This luxury brand is on the pricier side, so we have a Stearns & Foster promo code and Stearns & Foster coupons to make this investment more affordable.

$300 Off With a Stearns & Foster Coupon Code

For a limited time, during the Sterns & Foster Memorial Day Event, you can save up to $700, plus get $300 in free accessories when you buy a mattress (besides the Studio model). With this Stearns & Foster coupon code, you’ll get up to $300 in free accessories or a free flat foundation with a mattress purchase. Just use Sterns & Foster promo code 300FREE at checkout.

Stearns & Foster Promo Code: $200 Off Base

The Ease Power Base is Sterns & Foster’s bestselling smartbed frame. Rated 4.7 out of 5 stars with over 2,000 five-star reviews, people love the adjustable frame to personalize their sleep experience, with a wireless remote to change their base position. The frame even has a Zero Gravity setting to help the body feel weightless with pressure relief for aches and back pain. When you purchase a Ease Power Base, you’ll get complimentary white-glove in-home delivery and a 25-year warranty for extra peace of mind with a purchase made to last decades. Plus, right now, you’ll get a $200 instant credit when you buy a qualifying mattress with Stearns & Foster promo code 200GIFT.

Get Free Pillows With Stearns & Foster

For a limited time, when you buy a qualifying Sterns & Foster mattress, you’ll get up to $300 in free accessories, including pillows and sheets. Perhaps best of all, there’s no catch: This Stearns & Foster deal automatically applies to your cart when you purchase a qualifying mattress. If you’d rather customize your free accessories, you’ll need to remove the pre-created bedding bundle from the cart and manually add the accessories of your choosing to the cart. Use Stearns & Foster coupon code 300FREE for this offer.

Stearns & Foster Free In-Home Delivery

One of the benefits of buying from a high-end brand like Stearns & Foster is their white glove delivery service and 25-year warranty for even more peace of mind. As a mattress reviewer on the WIRED Gear team, I hauled over a dozen mattresses in and out of my home. I can confidently say it was not fun. With this Stearns & Foster deal for free in-home delivery, their shipping team will set up your new mattress in the room and remove and discard all packaging materials, so you don’t have to do any of the grunt work. They’ll even dispose of your existing mattress and box spring if you request it for free.

#Top #Stearns #Foster #Couponscoupons,shopping

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