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BTCC / BTCC Square / Global Cryptocurrency /
Senate Democrats Probe Special Envoy’s Crypto Holdings Amid Ethics Concerns

Senate Democrats Probe Special Envoy’s Crypto Holdings Amid Ethics Concerns

Author:
Global Cryptocurrency
Published:
2025-10-23 08:34:02
20
2
BTCCSquare news:

Eight Senate Democrats, led by Senator Adam Schiff, have challenged US Special Envoy Steve Witkoff over his undisclosed cryptocurrency holdings and ties to Trump-linked ventures. A letter obtained by Fortune reveals concerns about potential violations of federal ethics laws, citing Witkoff's retained stake in World Liberty Financial (WLF) and its associated WLFI token.

The lawmakers argue these holdings create a conflict of interest, as Witkoff could financially benefit from policy decisions made during his diplomatic tenure. Particular scrutiny falls on WLF's connections to the TRUMP Organization, with senators questioning whether personal relationships influence official decision-making.

This inquiry highlights growing governmental attention to crypto asset disclosures among public officials. The WLFI token's structure and Witkoff's co-founder role with his son and Trump associates remain focal points of the ethics investigation.

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