Trump-backed crypto project says it has ‘contracts’ and ‘evidence’ after Sun accused it of exploiting users. www.coindesk.com
Trumplinked
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Scams
Trump-Linked WLFI Erases $427 Million From Market Cap on DeFi Loan, Token Unlock Proposal
by shayaanby shayaanIn brief World Liberty Financial’s governance token plunged to new lows on Friday, shaving $427 million in market cap over the past …
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$WLFI, the native token of the Donald Trump–backed World Liberty Financial platform, sank to an all-time low on Saturday as crypto users …
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Regulation
Warren Presses Commerce Department Over Bitmain Security Risks and Trump-Linked Crypto Ties
by shayaanby shayaanU.S. lawmakers escalate pressure on crypto mining supply chains as Elizabeth Warren targets Bitmain’s U.S. ties, raising alarms over foreign influence, infrastructure …
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In brief Senator Richard Blumenthal asked the SEC whether allies of President Donald Trump in crypto received favorable treatment. His inquiry focuses …
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Regulation
Elizabeth Warren Probes Trump-Linked Bitmain Deal Over National Security Risks
by shayaanby shayaanU.S. Senator Elizabeth Warren has raised concerns about Bitmain, one of the biggest producers of Bitcoin mining machines. As per a Bloomberg …
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American Bitcoin (ABTC) is expanding its Bitcoin mining operations by purchasing 11,298 new ASIC equipment. The acquisition is expected to increase the …
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Regulation
SEC pressure on crypto giants fades as Trump-linked project draws $75M from Justin Sun
by shayaanby shayaanOn Mar. 5, Justin Sun reached a $10 million settlement with the SEC to resolve a civil fraud case that alleged he …
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In brief Warren pressed OCC Comptroller Jonathan Gould to share the unredacted charter application for World Liberty Financial, citing foreign ownership and …
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Finance
Trump-linked World Liberty taps BlackRock-backed Securitize for hotel tokenization
by shayaanby shayaanWorld Liberty Financial is tapping real-world asset specialist Securitize to help tokenize loan interests tied to the Trump International Hotel and Resort …