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Bloomberg

A Lucrative Crypto Contract Sets Off New No-Bid Fight for Trump

Tuesday, September 1, 2026


The U.S. government awarded a contract to a cryptocurrency analytics firm without competitive bidding. The award prompted a legal challenge and drew criticism regarding no-bid contract practices within the Trump administration.

Original reporting: https://www.bloomberg.com/news/articles/2026-09-01/a-lucrative-crypto-contract-sets-off-new-no-bid-fight-for-trump

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