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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.

A union representing hospitality workers has accused an event management company subcontracted by the Long Beach Convention Center of underpaying workers and potentially skirting payroll taxes.

Unite Here Local 11 accused event management company 1Fifty1 Inc., subcontracted by the Long Beach Convention Center, of paying workers under the table with envelopes of cash.

One can surmise that Hektor — a non-white, working-class super at this Manhattan building — has much more to lose than Iris does if he’s let go by the management company for not following their instructions.