A coalition of House Democrats is demanding a formal Treasury Department investigation into World Liberty Financial (WLFI), a cryptocurrency venture with ties to the Trump family, citing grave national security and financial stability concerns. The lawmakers’ urgent request centers on a $500 million investment from a United Arab Emirates royal and the company’s concurrent pursuit of a national bank charter, framing the issue as a critical test of regulatory independence and resilience against foreign influence.
about Democrats Press Treasury Over Trump-Linked Crypto Venture Security Risks6
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6 posts last weekTrump-Linked WLFI Token Surges 22% Amid Mar-a-Lago Event, Short Squeeze
The WLFI token, linked to the Trump family through World Liberty Financial, surged over 22% in 24 hours ahead of a high-profile forum at Mar-a-Lago. However, analysts attribute the rally primarily to a technical short squeeze involving significant whale activity, rather than organic demand or fundamental strength. The politically-connected project simultaneously faces intensifying congressional scrutiny over a $500 million investment from a UAE-linked firm, creating a complex landscape where political heat may fuel short-term speculation while posing long-term regulatory risks.
about Trump-Linked WLFI Token Surges 22% Amid Mar-a-Lago Event, Short Squeeze