Trump Familys Net worth Grows by $2.9 Billion from Crypto Investments, Report Finds
- Trump familys net worth rises by $2.9 billion through crypto investments.
- World Liberty Financial secures major investment, boosting Trump familys wealth.
- Crypto assets now account for 40% of Trumps net worth.
Although Trumps acceptance of crypto has huge impact in the digital asset world, it has also raised red flags with ethics specialists and regulators.
Virginia Canter, State Democracy Defenders chief counsel, pointed out that previous presidents invested assets in blind trusts to keep themselves out of conflict-of-interest situations, something Trump has never done.
He doubled down in his first term, Canter replied, warning that this publicly funded entanglement with regulation is novel.
Further accountability comes as the Trump administration backs away from regulation. CBS News found that the SEC has dropped over a dozen investigations of crypto firms since Trumps return to the White House.
That includes the high-profile case against Justin Sun, who publicly invested multimillion-dollars into World Liberty Financial weeks before the SEC closed its case against him for fraud on grounds of public interest.
The actual problem isnt personal profit its systemic danger. Senate Democrats have officially asked whether Trumps simultaneous roles as president and crypto booster jeopardize financial market stability. Hes stripping financial regulators of their independence, warned a letter from Senators Warren, Wyden, and Van Hollen.
Critics say World Liberty Financial, which promises financial freedom, is still shady. Its tokens are presently non-redemption, and most of its investors are anonymous. It claims 85,000 users have passed KYC verification and is assuring a third-party audit, but information is still limited.
Trumps Big Money in Crypto
In contrast, Trumps language paints a quite different picture. He has pronounced crypto as the future and vows to make America the crypto capital of the world. Tweets and executive orders have repeatedly driven market action particularly in \$TRUMP and \$WLF tokens, which directly enrich Trump-affiliated organizations through trading commissions and asset appreciation.
Whether Trumps crypto empire is innovation or impropriety will ultimately be up to transparency and regulation two concepts that are under pressure now. With a $2 billion transaction from an Abu Dhabi company in the works and a May 15 deadline looming for financial reports, watchdogs are bracing for what could be a historic ethics showdown.
As institutions and markets respond, one thing is clear: Trump has placed himself not only as a political leader but also as a powerful player in the crypto economy obliterating the distinction between public service and private gain.
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Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
