Regulation· ★★★· neutral·

Trump-linked crypto firms build legal defenses ahead of possible Democratic probes

  • —Democrats requested information from World Liberty Financial and 1789 Capital
  • —Focus is on government contracts, policy favors and conflicts of interest
  • —The firms and the Trump family insist their business is lawful
  • —Probes could be hampered by inability to compel foreign witnesses
Why it matters: The outcome of the US midterms will shape how closely Trump-family crypto ventures are scrutinized.
Source: PANews