Trump Family Cuts World Liberty Stake by 20% Amid Crypto Scrutiny


Trump Family Cuts World Liberty Stake by 20% Amid Crypto Scrutiny
Image source: CoinToday
- Trump family's 20% stake reduction in World Liberty Financial since December 2024. - Divestment linked to ongoing US congressional investigations and stablecoin legislative developments. On June 19, 2025, Cointelegraph reported that DT Marks DeFi LLC, a Trump family-controlled firm, reduced its stake in World Liberty Financial (WLF) by 20%, an action aligning with ongoing congressional scrutiny and legislative changes in the crypto space. DT Marks DeFi LLC, a company controlled by President Trump and his family, originally held a 75% share in WLF as of December 2024. By January 2025, their stake decreased to approximately 60%, representing a 20% reduction of their holdings. Furthermore, the company further reduced its stake to 40% sometime after June 8, 2025. World Liberty Financial began issuing its own USD1 stablecoin in March 2025. Meanwhile, the GENIUS Act, a legislative effort to regulate payment stablecoins, recently passed the US Senate. President Trump has publicly supported the quick advancement of the bill through the House of Representatives. According to CoinMarketCap on June 19, at 19:18 UTC, World Liberty Financial USD (USD1) is trading at $1, and its 24-hour trading volume shows a 0.0% change.
Article Info
Category
Market
Published
2025-06-19 19:25
NFT ID
PENDING
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