Trump$TRUMP
-Affiliated Crypto Firm WLFI Pushes Back Against U.S. Senator's Probe
World Liberty Financial Inc. (WLFI), a crypto company linked to Donald Trump and his family, has responded to a probe by U.S. Senator Richard Blumenthal, rejecting claims made about its operations.
Blumenthal had questioned WLFI’s structure and its connections to other Trump-related crypto ventures, including Fight Fight Fight LLC (behind the $TRUMP TRUMP memecoin). WLFI's legal team denied any ties to that entity and said the senator’s letter included “inaccuracies and flawed inferences.”
The company said it's committed to building a transparent, law-abiding crypto infrastructure and criticized regulatory pressure that stifles innovation.
Eric Trump, listed as a Web3 ambassador for WLFI, spoke at Consensus 2025, praising the crypto space and announcing a new crypto mining firm.
Despite political scrutiny, crypto regulation — including a stablecoin bill — is moving forward in
Congress.