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Vado had an agreement with Hylton and her management company, M.I.S.A., entitling them to 20% of Vado’s income, the website said.

An email, seen by BBC London, has been sent to vehicle owners by the management company for Rathbone Square, CBRE.

After the union filed a complaint with the state about the subcontractor, Costa Mesa-based event management company 1Fifty1 Inc., ASM Global moved to end its ties with the business.

Luke Nolan, a senior research associate at CoinShares, an asset management company specialising in digital assets, said the hack of Powell's account was an example of "pump and dump".

Mr Ackman, the billionaire founder of Pershing Square hedge fund management company, became a high-profile supporter of Trump, a Republican, in July 2024.