Trump Family’s Crypto Stablecoin Under Scrutiny as Senate Probes Political Ties

World Liberty Financial, a cryptocurrency company linked to the Trump family, is facing intense scrutiny after being targeted by a Senate investigation into its USD1 stablecoin. Senator Richard Blumenthal has launched an inquiry that focuses on potential political motivations related to the $2 billion partnership with Abu Dhabi’s MGX. The probe raises concerns about compliance protocols and regulations within the cryptocurrency market, echoing wider discussions about the balance between political influence and financial stability.