The bitcoin mining operation American Bitcoin, which Eric Trump helped establish, has experienced a catastrophic decline of more than 95% from its highest trading levels. This devastating downturn has eliminated over $600 million in paper wealth associated with his approximately 6% ownership position during the last 10 months. Shares reached an unprecedented low point during Wednesday’s session, extending a brutal selloff that has shocked early supporters of the enterprise.In an effort to maintain its Nasdaq exchange listing, the firm executed a 1-for-15 reverse stock split during the current week. Such maneuvers are ... (full story)