Trump family pulls silent exit from high-stakes crypto venture, cuts 20% stake [View all]
The Trump family has reportedly reduced its stake in its key crypto business venture, World Liberty Financial, Fortune reported on June 19.
DT Marks DEFI LLC, one of Trump's companies, has reduced its stake in the crypto venture from 60% to 40% within the last 11 days, the report mentions.
Launched in September 2024, World Liberty Financial is a decentralized finance (DeFi) project. As per its official website, President Donald Trump and his sons, Eric, Donald Jr., and Barron, are the co-founders. It claims the president quit the position at the company after assuming office.
As per the latest Fortune report, Trump changed the name of DT Tower II LLC, an entity he created in 2016, into DT Marks DEFI LLC.
https://finance.yahoo.com/news/trump-family-pulls-silent-exit-162206441.html
Pulling out before others realize it's a scam.
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