Trump’s crypto venture partners with terrorists-linked platform

Trump’s crypto venture partners with Tron, linked to militants, raising ethical concerns and potential conflicts of interest.

Published

1 year ago

December 13, 2024

ticker NEWS

A new cryptocurrency venture by Donald Trump and special envoy Steve Witkoff has partnered with Tron, a platform criticised for ties to Iran-supported militant groups.

World Liberty Financial, co-founded by Witkoff, raises ethical concerns among experts due to this partnership.

Tron is noted for its speed and low fees and has been linked to crypto transfers involving designated terrorist organizations, according to financial crime experts.

The platform’s founder, Justin Sun, is set to advise the Trump-Witkoff venture after Tron’s $30 million investment in World Liberty.

Israeli authorities have frequently associated Tron with militant funding, highlighting the freeze of numerous Tron wallets tied to terrorist activities.

Crypto advocate

Concerns about potential conflicts of interest and ethics surround Trump’s financial ties to World Liberty, where he is listed as a “chief crypto advocate” and is entitled to a share of revenues.

Experts worry that Witkoff’s financial stake may influence U.S. policy, despite plans for a blind trust.

Witkoff’s appointment as envoy comes as the region faces rising tensions, raising further scrutiny of his dual roles in business and government.

The role of special envoy does not needed Senate confirmation, potentially allowing Witkoff to accept outside income while serving, which complicates oversight.

Experts say that strict boundaries should exist between his diplomatic responsibilities and personal financial interests.

Bitcoin falls below $67,000 as market sentiment wavers

Bitcoin falls below $67K amid sell-off; analysts cite interest rates and ETF flows as market pressures.

Published

4 days ago

February 12, 2026

Harvey Vargas

Bitcoin falls below $67K amid sell-off; analysts cite interest rates and ETF flows as market pressures.

Bitcoin has tumbled below $67,000, extending a recent decline as investor confidence wavers. The cryptocurrency stabilised near $67,000 after briefly dipping to around $66,996.

The sell-off follows Bitcoin falling below the $70,000 mark on February 5, with analysts from Deutsche Bank citing the fading ‘Tinkerbell effect’ as a key reason for the wavering valuation.

Additional pressures from the Federal Reserve’s interest rate policies and large ETF inflows and outflows have intensified the crash. Despite the turmoil, some analysts point to early signs of potential market stabilisation.

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Crypto

Bitcoin tumbles as volatility surges and analysts warn of more downside

Bitcoin drops 12% to 77,900 amid global market volatility; predictions vary on short-term recovery or further declines.

Published

2 weeks ago

February 3, 2026

Harvey Vargas

Bitcoin drops 12% to 77,900 amid global market volatility; predictions vary on short-term recovery or further declines.

Bitcoin has had a bruising week, slipping below 80,000 for the first time since April 2025 and trading near 77,900 as global markets turn risk off. The pullback has wiped more than 200 billion from the crypto market, with thin weekend liquidity accelerating the sell-off.

Volatility has surged after more than 2 billion dollars in bitcoin positions were liquidated since Thursday, intensifying price swings and unsettling investors. Analysts are divided, with some calling a potential short-term bottom near 70,000 while others warn the turbulence may not be over yet.

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Crypto

White House holds talks with crypto and banking executives on new rules

White House to meet with crypto leaders on federal legislation and stablecoin interest amid financial stability concerns.

Published

3 weeks ago

January 29, 2026

Harvey Vargas

White House to meet with crypto leaders on federal legislation and stablecoin interest amid financial stability concerns.

The White House is set to meet with banking and cryptocurrency leaders to push forward federal crypto legislation. Discussions will focus on stablecoin interest and financial rules under the Clarity Act.

The bill aims to provide clarity for digital assets but faces delays over competition and financial stability concerns. Crypto companies emphasise that offering interest is crucial to attract customers.

#CryptoNews #Stablecoins #FinancialRegulation