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The son of the US president, Donald Trump Jr., called conflict or interest claims around the crypto companies of his family ‘complete nonsense’ and said that his father does not follow such investments.
“I don’t think anyone actually believes that my father … would look at ledgers on the blockchain to see who bought what, and that wearing any form of favor,” he said CNBC on Token2049 in Singapore.
The involvement of the Trump family in the Crypto industry has risen since President Trump put on in January that he called himself “Crypto President.”
The companies include Defi Project World Liberty Financial and the flagship USD1 Stablecoin, American Bitcoin Mining and Treasury Operations, Trump and Melania Meme Coins and Planned Crypto ETFs.
The president’s mission is “much greater” than the financial financial world liberty
Trump Jr., who is co-founder of World Liberty Financial, was accompanied by the CEO of the Defi company Zach Wilkoff on Token2049, whose father Steve Wilkoff is the American special Ipoy in the Middle East under the Trump administration.
Wilkoff repeated Trump’s sentiment Jr. And said that their mission with World Liberty Financial is great, but their father’s mission under the Trump manager is ‘much larger’.
“They are not aimed at stablecoins, nor are they involved in a Stablecoin company,” said Wilkoff.
Their comments will follow in March of this year the launch of World Liberty Financial’s Own Stablecoin, USD1, USD1. Since then, token has climbed the rankings to become the fourth largest stablecoin per market capitalization.
Top five stablecoins per market capitalization (source: Mint market cap))
Data from coinmarketcap shows that token has a capitalization of more than $ 2.68 billion, while the leaders of the market USDT and USDC are appreciated at more than $ 175.81 billion and $ 74.12 billion.
Just a few months after USD1 was launched, President Trump signed the brilliant Stablecoin Act in the law, which brings a regulatory framework for Stablecoin companies that wanted to spend their tokens in the US.
In addition to the USD1 launch, World Liberty Financial also launched his governance wlden WLFI in September. Various leading crypto fairs such as Binance, Kucin, OKX and others all added the crypto to their platforms when it debuted.
In the last 24 hours, WLFI pumped More than 4% to act at $ 0.271 from 4:40 am EST, but will remain more than 14% lower in the past month.
World Liberty Financial “Not a political organization”
Critics have questioned the political connections of World Liberty Financial, while the company pursues offshore deals and expands its offer, especially given the ability of President Trump to influence the policy of digital assets in the US.
Both Trump Jr. As Wilkoff took the opportunity to trivialize their political connections during a keynote speech on Token2049. Trump emphasized that the company wants to improve and democratize financing, and adds that World Liberty Financial is “100% not a political organization”.
The company website Show that a company linked to President Trump, DT Defi LLC,, together with various members of the Trump family, currently receives a large part of the income generated by the platform and also has WLFI tokens.
However, that website also states that President Trump, members of his family or members of DT Marks Defi LLC are not “officer, director, founder or employee of, or manager, owner or operator of World Liberty Financial or his affiliated companies.”
Disclaimer Die Trump and his family separates from the Defi project (source: World Liberty Financial)
US President criticized for crypto -Omhelzing and several companies
President Trump was once a skeptic of digital assets. Since entering the White House for a second term at the start of the year, the president has continued a number of pro-Crypto policy measures. He has also mentioned long-term crypto proponents in various key positions.
According to the Trump government, the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) started cooperation to relieve the crypto regulation and to set up a clear regulation framework for digital assets.
Given the involvement in the crypto industry, democratic legislators such as Elizabeth Warren and representative Maxine Waters have called for investigations into the president and his family for possible conflicts of interest.
America first? No.
Donald Trump sells our national security through shady foreign crypto deals that enrich his family’s crypto company.
Every crypto account must prohibit Trump, his family and high officials benefit from.
Otherwise the Congress is corruption in Turbo. pic.twitter.com/hhimpphe3H
– Elizabeth Warren (@Senwarren) September 19, 2025
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