Current Date 24 May, 2025

Trump's crypto project faces Senate inquiry over conflicts of interest

Donald Trump's World Liberty Financial crypto project faces a Senate investigation into potential conflicts of interest. Senator Blumenthal accuses the project of benefiting Trump and his family, citing a private dinner and White House tour for memecoin holders. The project denies affiliation with the Trump memecoin and refuses to answer questions, raising concerns about transparency. Democratic senators Warren and Merkley also requested records related to a deal with an Abu Dhabi firm.