Trump Sons Haven't Abandoned World Liberty Financial, Crypto Firm Insists
Donald Trump Jr. denied rumors that he and his siblings have quietly left World Liberty Financial, stating they remain involved with the crypto firm. The speculation began after the company removed the Trump family’s names from its website, but Trump Jr. and fellow co-founder Zach Witkoff attributed this to misinformation spreading online. Witkoff confirmed the Trump brothers are still co-founders and dismissed the rumors as false. The comments were prompted by panel moderator David Wachsman at a Miami crypto conference. The panel also addressed an ongoing legal battle: World Liberty recently filed a defamation lawsuit against former backer Justin Sun, who previously sued the company and accused its leadership of misconduct. Witkoff said the defamation suit was filed based on solid evidence. Additionally, World Liberty is seeking a national trust bank charter from the Treasury Department to handle its dollar-backed stablecoin, USD1, and expects conditional approval soon. The charter effort has attracted political scrutiny, with Democrats, including Sen. Elizabeth Warren, citing it as evidence of alleged “crypto corruption” linked to President Donald Trump.
