#Trump100Days The Controversial Rise of the Trump Family's Cryptocurrency Business

World Liberty Financial, the Trump family’s cryptocurrency company, has blurred the line between private enterprise and government politics in a way unprecedented in modern U.S. history. The proposal for 'ZMoney' reached the encrypted messaging app Signal just days before Donald J. Trump’s presidential inauguration.

'ZMoney' was Zachary Folkman, an entrepreneur who ran a company called Date Hotter Girls and was now representing World Liberty Financial, the cryptocurrency firm recently presented by Trump and his children.

Folkman was writing to a cryptocurrency startup in the Cayman Islands, offering them a 'collaboration' in which both companies would buy each other’s cryptocurrencies, an agreement that would bolster the startup’s public image. But there was a catch, as The New York Times discovered.

To have the privilege of partnering with the Trumps, the startup would effectively have to make a secret multimillion-dollar payment to World Liberty.

'Everything we do gets a lot of exposure and credibility,' Folkman wrote, claiming that other business partners had committed between $10 and $30 million to World Liberty.