The pitch from “ZMoney” arrived on the encrypted messaging app Signal just days before Donald Trump’s presidential inauguration.
“ZMoney” was Zachary Folkman, an entrepreneur who once ran a company called Date Hotter Girls and was now representing World Liberty Financial, the cryptocurrency firm that Trump and his sons had recently unveiled. Folkman was writing to a crypto start-up in the Cayman Islands, offering a “partnership” in which the firms would buy each other’s digital coins, a deal that would bolster the start-up’s public profile.