After an alleged assassination attempt, Donald Trump has shifted his attention to a new cryptocurrency venture, World Liberty Financial. In a livestream, Trump promoted the project alongside his sons and two crypto entrepreneurs, despite the venture’s unclear objectives and launch date.
Trump’s involvement in World Liberty Financial has raised concerns about conflicts of interest, especially as he previously dismissed cryptocurrencies. Ethics experts are alarmed, pointing to potential regulatory influence if Trump returns to office, and his past business-politics overlap complicates this dynamic further.
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Key figures in the project include Chase Herro, with a controversial background, and Zachary Folkman, a dating advice entrepreneur. The project will feature a cryptocurrency called $WLFI, but the platform’s exact operations remain vague. Trump’s sudden embrace of crypto, once criticized by him, is seen with skepticism, particularly given the limited details of the venture.
