Trump-Backed Crypto Venture Partners With Reportedly Controversial Platform
A new cryptocurrency venture associated with U.S. President-elect Donald Trump has reportedly partnered with a platform linked to controversial activities. This partnership has raised eyebrows due to the platform’s alleged connections with criminal groups.
What Happened: World Liberty Financial Inc, a crypto venture launched by Trump and billionaire Steve Witkoff, has teamed up with the Tron crypto platform, Reuters reported on Thursday.
The platform has been associated with groups designated as terrorist organizations, according to financial crime experts. Tron, noted for its speed and cost-effectiveness compared to Bitcoin (CRYPTO: BTC) has reportedly facilitated crypto transfers linked to such groups.
Last month, Tron announced a $30 million investment in World Liberty, with its founder, Justin Sun, …
About The Author
