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World Liberty Financial, a crypto -linked to President Donald Trump and his family, is pushing back against the control of American senator Richard Blumenthal, a leading democrat in the panel responsible for investigating corruption and poor management.
“WLFI doesn’t work in the shadow,” According to the letter The company’s lawyers sent Senator Connecticut. “Building auditable financial infrastructure of the new generation rooted in American trust, rule of law and economic leadership.”
Blumenthal had He aimed at his own letter u co-founder Zach Witkoff- set up In addition to the co-founder of Zak Folkman and Eric Trump on Consensus 2025 in Toronto, they asked for the structure of ownership and investment for Trump-saved entities, including WLFi and Fight Fight LLC, Trump Mmecoin. Since it is not in the majority side, the Blumenthal spacecraft does not bear the full force of the permanent Senate Subcommittee on the investigation, a panel located in the Committee for Internal Security and Government Affairs.
The WLFI response said that Blumenthal’s request “contains inaccuracies and basic defective conclusions that we will not be fully addressed,” but lawyers offered an example that WLFI has no connection with fighting, fighting, fighting, fighting.
“The company refuses to make a false choice between innovations and supervision,” the letter said. “Against this is the abuse of regulatory authority and uncertainty to suppress legal innovations.”
President’s son, Eric, who is listed as a web3 Ambassador On the WLFI website On Thursday, he also appeared on Consensus 2025 with his father, “the main crypt advocate” to explain how he entered the crypt and why he started a mining company that became a public merger.
“We fell in love with a crypto community and I think the crypto community really loved us,” he said in Toronto a crowded house. “We are so proud that we are a big part of it.”
The Trump family crypto was also raised by the Democrats of the Senate, who raised objections to the legal regulations on digital assets walking through Congress. Yet the Stablecoins Regulation Act is expected come to a key vote next week.
