The New York Times reports that Bannon is currently planning his foray into the world of cryptocurrencies and Initial Coin Offerings (ICO). According to the Times, Bannon has held private meetings with both crypto investors and hedge fund managers about the possibility of issuing an ICO through his investment firm, Bannon & Company.
However, Bannon told the New York Times that he would not be specific about his crypto plans, as linking his constroversial reputation to projects could hurt their chances of success.
Bannon — who the Times reports has a “good stake” in Bitcoin (BTC) — ran alt-right, anti-establishment media outlet Breitbart News until January of this year. He also served in the Trump administration until his dismissal in August 2017, allegedly due to his critical remarks about the president in Michael Wolff’s book Fire and Fury.
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