Trump Family’s Crypto Exchange Gets $25M From Firm Suspected of Fraud
As Donald Trump makes headlines by threatening to send more legal U.S. residents (and even citizens) to a gulag in El Salvador, his crypto fortune continues to grow. And his family is doing business with some decidedly suspect investors who may see unlimited upside in cozying up to the man who is rolling back the rules of the industry.
In addition to Trump and First Lady Melania launching his-and-hers meme coins, the Trump family leads the decentralized finance exchange World Liberty Financial, which has sold at least $550 million worth of its first digital token, $WLFI. The venture, in which the president’s sons Barron, Eric, and Donald Trump Jr. all have vague official titles, has raised corruption concerns because it offers…
