Eric Trump has publicly criticized Forbes following a report that questioned the performance and structure of his cryptocurrency venture, American Bitcoin (ABTC). The publication alleged that the company has caused significant losses for retail investors, estimating that around $500 million in shareholder value has been wiped out since its public listing. The Forbes investigation described American Bitcoin as an arbitrage vehicle, claiming it sells inflated shares and uses the proceeds to purchase Bitcoin (BTC). According to the report, ABTCs market capitalization has fallen roughly 92%,… Read more






