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The Trump family has reportedly reduced its stake in its crypto venture, World Liberty Financial (WLF), from 60% to 40%. The move comes amid regulatory scrutiny and concerns over potential conflicts of interest.
- Trump family's stake in WLF dropped from 60% to 40%, with $200M in tokens sold earlier this year.
- Justin Sun invested $75M in WLF, sparking ethics concerns and a paused SEC investigation.
- WLF launched USD1 stablecoin, used in a $2B binance/?utm_source=CVJ.Ai&utm_medium=glossary&utm_id=CVJ.AI" target="_blank">Binance stake purchase by Abu Dhabi's MGX.
📎 Related coverage from: cryptopotato.com