Trump Launches Crypto Venture Amid Election Campaign

The former president's new venture, World Liberty Financial, raises ethical concerns and skepticism due to its vague business model and potential conflicts of interest.

Donald Trump, once a crypto skeptic, has announced the launch of World Liberty Financial, a decentralized lending platform, alongside his sons and other partners.
The venture aims to democratize finance by providing easier access to loans, but details about its operations and business model remain scarce.
Ethics watchdogs warn that Trump's involvement in a new business venture close to the election could pose significant conflicts of interest if he is re-elected.
Industry experts and listeners of the launch event expressed skepticism, noting the lack of specific details and the involvement of controversial figures in the project.
Trump's campaign has been embracing crypto interests, with plans to accept contributions in cryptocurrency and pledges to make the U.S. a 'crypto super-power.'