World Liberty Financial stands to profit as his stablecoin expands to Tron—the blockchain flagged by analysts for facilitating 58% of illicit crypto activity last year.
ByZach Everson
ByZach Everson,
Forbes Staff.
Donald Trump has deepened his ties with Chinese billionaire Justin Sun—who’s fighting civil charges in the United States of fraud and market manipulation—as the president’s stablecoin begins minting on Sun’s blockchain, which hosted the largest share of illicit crypto activity last year, according to a crypto intelligence firm.
A cartoon image of President Donald Trump holding a Bitcoin token is displayed in Hong Kong in ... More
World Liberty Financial, a cryptocurrency venture founded in 2024 by the Trump family, did not say why Sun’s tokens were frozen.
The Chinese crypto tycoon, who is one of the project’s biggest backers, appears to have been blacklisted.
World Liberty is under increasing scrutiny from some of its investors, who have complained about lack of transparency.
Justin Sun is taking his crypto business Tron public through a reverse merger with a toy manufacturer.
WLFI, first issued to private investors last year, on Monday became available on major crypto exchanges including Binance, OKX…
President Donald Trump and his family are set to receive 75% of net revenue from the enterprise, according to a document…
