Trump Family’s Expanding Crypto Ties Raise Questions On Ethics, Influence, And Investor Risk
The Trump family’s growing engagement with the cryptocurrency world has triggered increasing scrutiny, with projects involving everything from meme coins and NFTs to stablecoins and DeFi ventures, many of which are raising ethical and regulatory questions.
What Happened: Donald Trump, despite being a convicted felon and a sitting U.S. president, has embraced the digital asset industry both politically and personally.
His involvement now spans executive orders, campaign-linked ventures, and direct financial stakes in crypto assets.
Among the most visible is World Liberty Financial (WLFI), a DeFi-oriented platform that named Trump as its “chief crypto advocate” and appointed his three sons as “Web3 ambassadors.”
WLFI’s operations have drawn skepticism.
Despite its large-scale initiatives, including a $2 billion market cap stablecoin called USD1, the platform offers no reserve audits or attestations.
It has conducted only two on-chain votes, none of which authorized major product launches or token purchases.
Reportedly, inclusion in its token portfolio has been influenced by whether projects reinvested in WLFI itself. The firm’s governance activity often features AI-generated content riddled with factual errors.
Much of WLFI’s …
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