Trump Crypto Venture World Liberty Financial Partners With KuCoin, Exchange Banned In U.S., Fined $300 Million

Topline

Donald Trump’s crypto venture launched its stablecoin Wednesday on an exchange recently banned from the United States after admitting to violating anti-money laundering laws and agreeing to pay a $300 million fine.

Key Facts

Trump is also the chief crypto advocate and inspiration for World Liberty Financial, a decentralized finance platform launched in September 2024 with the involvement of his three sons.

Trump and his family control about 60% of the company through an LLC, according to World Liberty Financial’s website.

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