2025-10-16 12:29:11
Blockchain
Business

Trump Family's $1 Billion Crypto Venture Faces Scrutiny Over Ethical Concerns

Recent investigations reveal that Donald Trump and his family have amassed over $1 billion from cryptocurrency ventures, primarily through the WLFI token. This venture has raised significant questions about ethical practices during his presidency, particularly regarding allegations of corruption and favoritism towards foreign investments.

Eric Trump is spearheading efforts to democratize real estate through a blockchain project that enables everyday investors to purchase fractional shares in luxury properties. Meanwhile, a watchdog group has raised alarms about WLFI's dealings with sanctioned countries, suggesting that the crypto firm facilitated transactions with entities linked to North Korea, Iran, and Russia.

These developments underscore the intertwining of politics and digital finance, raising concerns about regulatory oversight and the impact on democratic institutions.

The Street
20. Oktober 2025 um 15:36

Trump's crypto firm sold tokens to North Korea, Iran and Russia: Watchdog

A watchdog group, Accountable.us, alleges that World Liberty Financial (WLFI), a crypto venture backed by the Trump family, sold tokens to sanctioned entities including North Korea's Lazarus Group, Iran's Nobitex exchange, and Russia. WLFI reportedly allowed transactions with addresses tied to these groups until they were blacklisted. The group also claims WLFI had significant overlap with Tornado Cash, a mixer sanctioned for laundering stolen funds.
The Street
24. Oktober 2025 um 20:55

Eric Trump has a bold plan to make real estate accessible for everyone

Eric Trump, son of US President Donald Trump, is developing a tokenization project using blockchain technology to allow everyday investors to buy fractional shares in luxury Trump properties. The project aims to bypass traditional financing channels by offering micro-shares directly to the public for as little as $1,000. This could provide partial ownership and perks such as hotel benefits or exclusive access. The effort will be integrated into World Liberty Financial's (WLFI) ecosystem, which..
EL PAÍS
16. Oktober 2025 um 03:30

Making money from the White House

Donald Trump's presidency has been marred by scandal, with his family's business dealings raising concerns about corruption and cronyism. Their net worth may have tripled or quintupled since he took office. The US government has given special treatment to countries that invest in his family's businesses, such as Abu Dhabi's investment in TikTok USA, while excluding the Reserva Federal from the cryptocurrency market. This has led to criticism from world leaders like Pedro Sánchez, who have accu..
Crypto.news
16. Oktober 2025 um 07:05

The Trump family made over $1B from crypto: report

Financial Times investigations found that President Donald Trump and his family have made at least $1 billion in pre-tax profits from crypto-related ventures in the past year. The majority of earnings come from the WLFI token, which has generated around $550 million. Other sources include presidential meme coins ($TRUMP and $MELANIA), stablecoins, and digital trading cards featuring the President's image. Trump's son Eric confirmed that the true figure is 'probably more' than $1 billion.
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