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Sen. Richard Blumenthal (D-CT) has criticized World Liberty Financial, a crypto firm linked to the Trump family, for its ‘seriously inadequate’ response to a Senate inquiry. The investigation focuses on potential ethics violations and conflicts of interest involving foreign governments.
- World Liberty Financial, a Trump-linked DeFi project, faces a Senate probe over potential ethics violations and conflicts of interest.
- The firm raised $550 million in a token sale and launched a stablecoin, with recent deals involving the UAE and Pakistan.
- Sen. Blumenthal criticized the company's lack of transparency, while House Democrats expand investigations into Trump's crypto ventures.
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