Trump crypto venture partners with platform linked to Middle East militants [View all]
Dec 12 (Reuters) - A crypto venture recently unveiled by U.S. President-elect Donald Trump and his new Middle East envoy, billionaire Steve Witkoff, has partnered with a crypto platform that authorities and financial experts say has been used by criminals and Iran-backed militant groups Hamas and Hezbollah.
World Liberty Financial Inc , founded by the Witkoff family two months before November’s U.S. election with Trump as a financial beneficiary, presents concerns over ethics and conflicts of interest, say six specialists in U.S. government ethics.
Among their biggest concerns is World Liberty’s new partner: Tron crypto platform.
Quicker and cheaper than Bitcoin, the Tron network has overtaken its rival as a vehicle for crypto transfers associated with groups designated as terror organizations by Israel, the United States and other countries, Reuters reported in 2023 , citing interviews with seven financial crime experts and cryptocurrency investigations specialists.
https://www.reuters.com/technology/trump-crypto-venture-partners-with-platform-linked-middle-east-militants-2024-12-12/
Ethics? We don't need no stinking ethics. Just give me your money - Donny Dipshit.
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