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Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan. The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He bought the Miss Universe brand of beauty pageants in 1996, and sold it in 2015. He produced and hosted The Apprentice, a reality television series, from 2003 to 2015. As of 2020, Forbes estimated his net worth to be $2.1 billion.[
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US watchdog warns of risks of buying crypto asset securities

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The US Securities and Exchange Commission on Thursday issued an investor alert warning that firms offering crypto asset securities may not be complying with US laws.Unregistered offerings of such securities may not provide important data, including audited financial statements, for informed decision making, the SEC said.The securities watchdog has been cracking down on the crypto industry, which its chair has called a "Wild West" riddled with misconduct.

Its efforts gathered pace after November's collapse of Sam Bankman-Fried's cryptocurrency exchange FTX.Crypto exchange Coinbase announced on Wednesday that it had received a Wells notice - a formal declaration that SEC staff intend to recommend an enforcement action.In its investor alert, the SEC also warned investors about "proof of reserves" services offered by some crypto exchanges that are supposed to let users verify that an exchange has enough assets to back customers' holdings."Crypto asset entities might use these in lieu of audited financial statements in order to obscure and confuse customers about the safety of their assets," the SEC said.

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