Source: Racket News
by Eric Salzman
“President Trump and the Trump family businesses have been making big waves in the cryptocurrency world since Trump took office this year. He signed the Genius Act, which provides clearer regulation of stablecoins as well as establishing a working group to, as the White House put it, usher in ‘The Golden Age of Crypto.’ The problem is it’s in the interest of the Trump family’s burgeoning crypto business, World Liberty Financial (WLF), to do so. Led at least nominally by Don Jr and Eric Trump, WLF has been making huge deals. Two questions come to mind: * Is Trump using the presidency for personal profit? * Will investors get screwed, like the investors in Trump-branded gimmicks such as Trump University?” (09/12/25)