Trump Family Crypto Ventures and Conflicts:
- World Liberty Financial (WLFI), backed by the Trump family, faces scrutiny from US lawmakers over potential conflicts of interest involving President Trump. Co-founder Zach Witkoff rebuffed investigation calls, claiming WLFI is “too busy building.”
- The $TRUMP meme coin’s top 220 buyers won an exclusive dinner with Trump on May 22, raising concerns about pay-to-play and foreign influence, as some top buyers used foreign exchanges.
- American Bitcoin, a Trump family-backed Bitcoin mining company, is going public via a merger with Gryphon Digital Mining, set to trade under “ABTC” on Nasdaq.