Trump Family Remains Committed to World Liberty Financial Amid Legal Dispute
- Donald Trump Jr. confirmed that the Trump family has not abandoned World Liberty Financial, countering online rumors.
- World Liberty Financial is close to receiving conditional approval for a national bank charter, according to co-founder Zach Witkoff.
- The company has filed a defamation lawsuit against Tron founder Justin Sun, accusing him of spreading falsehoods and shorting their token WLFI.
Donald Trump Jr. and co-founder Zach Witkoff addressed rumors about the Trump family’s involvement in World Liberty Financial during a Miami crypto conference, affirming their ongoing commitment to the firm as it seeks regulatory approval for a national bank charter.
The legal dispute with Justin Sun highlights tensions within the company’s financial backers while they pursue key banking functions related to their stablecoin USD1.(Source)