Trump Family Reduces Stake in Crypto Project World Liberty Amid Political Scrutiny
The Trump family has significantly reduced its stake in World Liberty Financial, a controversial DeFi project, as political scrutiny intensifies. DT Marks DEFI LLC, an entity linked to former U.S. President Donald Trump and his family, cut its ownership from 60% to 40% in WLF Holdco LLC, the parent company of World Liberty Financial. The move coincides with a Senate investigation into Trump's crypto ties.
No formal explanation was provided for the stake reduction, but it likely stems from a private sale or internal restructuring. The disclosure update signals a potential retreat from the project as regulatory pressures mount. Trump's involvement in cryptocurrency has yielded both financial gains and political capital, though the long-term implications remain uncertain.
