Donald Trump launches cryptocurrency venture amid controversy

Donald Trump launches cryptocurrency venture amid controversy

In a recent digital broadcast, former President Donald J. Trump unveiled his new venture, World Liberty Financial, a cryptocurrency venture. The announcement came just a day after a near-fatal crash for Trump. During the live broadcast, he said that engaging with cryptocurrency was a necessary step forward.

Flanked by his two eldest sons, Donald Jr. and Eric, along with a family acquaintance and two fledgling cryptocurrency entrepreneurs, Trump has spearheaded this new venture. Despite their lack of experience leading significant ventures, these partners are central to Trump’s cryptocurrency strategy.

But World Liberty Financial has not only attracted attention for its bold entry into the volatile world of digital currencies, it has also sparked debates about potential conflicts of interest involving Trump. Some of his staunchest allies in the cryptocurrency industry have expressed concerns about the implications of his involvement.

By Lily Chang

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