SEC Investigation Demanded into Trump’s DeFi Project: Concerns Over Conflict of Interest

The cryptocurrency world is buzzing again as lawmakers have demanded a closer look at a DeFi project linked to the Trump family. This move comes amid growing concerns about potential conflicts of interest stemming from the former President’s past and future political ambitions. Details are still emerging, but an investigation into World Liberty Financial (WLFI) has been requested by prominent Democrats like Senator Elizabeth Warren and Representative Maxine Waters. Their concern stems from WLFI’s alleged connection to the Trump family and its potential for blurring lines between politics and finance.