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

The US government awarded a lucrative contract to a crypto analytics firm without putting it up for competitive bidding, sparking a legal fight and opening a new avenue for criticism...

By Scott Patterson and Ben Weiss · Bloomberg Markets

The US government awarded a lucrative contract to a crypto analytics firm without putting it up for competitive bidding, sparking a legal fight and opening a new avenue for criticism over the Trump administration’s tendency toward no-bid deals.