🔸World Liberty Financial (WLFI), the cryptocurrency company linked to Donald Trump, is in a dispute with Democratic Senator Richard Blumenthal from Connecticut. Blumenthal, a member of the Senate Permanent Subcommittee on Investigations in Washington D.C., sent a letter to WLFI questioning its ownership structure and operations. WLFI's lawyers responded with their own letter, rejecting Blumenthal's accusations and defending the company's transparency. They denied any connection with the memecoin TRUMP and criticized what they consider an abuse of regulatory authority. Meanwhile, Eric Trump, son of the former president and ambassador of WLFI in the Web3 space, participated in the Consensus 2025 event in Toronto, where he spoke about his interest in cryptocurrencies. All of this is happening in the context of legislative debate in Congress regarding the regulation of digital assets.
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