digital tokens

The Trump administration is expected to allow digital versions of stocks that track prices without voting rights or dividends, potentially issued without company approval. Critics worry these shadow stock markets could displace traditional stock markets by offering cheaper alternatives that still capture investment returns, undermining the capital-connection function of real stock markets.

Crypto mogul Sun sues the Trump family's World Liberty Financial, alleging the company froze his digital tokens and locked him out of assets worth up to $1 billion. The lawsuit claims fraud and seeks compensation for the losses.