U.S. Democrats demand to disclose the crypto assets of Steve Whitkoff, Donald Trump’s close adviser on the Middle East, explain the origin and structure of his cryptocurrency investments. The focus is on World Liberty Financial (#WLFI), a company associated with Trump’s entourage and launched stablecoin #USD1 with the participation of investors from the UAE. Senators are concerned about a possible conflict of interest - Witkoff is involved in a business that can benefit from his position. Politicians demand to disclose data on the share of participation, sources of funds and reasons why he did not sell assets after his appointment as an adviser.
40.42K
123
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.