Trump Family Launches New Cryptocurrency Venture
Trump Family Launches New Cryptocurrency Venture
Trump Family Launches New Cryptocurrency Venture
News summary

Ethics experts are raising alarms over potential conflicts of interest linked to Donald Trump's new pro-crypto stance and a cryptocurrency venture launched by his sons, Eric and Donald Trump Jr., called World Liberty Financial. As Trump promotes policies to make the U.S. the 'crypto capital of the world,' his family's involvement in the crypto business has sparked concerns that he might be favoring their interests in exchange for campaign donations. Critics argue that his support for crypto, juxtaposed with his family's business endeavors, exemplifies a significant ethical dilemma. Experts like Ishan Mehta from Common Cause and John P. Pelissero from Santa Clara University highlight that this situation is 'Conflict of Interest 101.' Meanwhile, Trump's campaign spokesperson dismissed these concerns, emphasizing the family's commitment to innovation in finance. The implications of this venture could influence both Trump's presidential campaign and future economic policies if he wins office.

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