World Liberty Financial brushes off oversight concerns from Congress

Zach Witkoff, one of the co-founders of the Donald Trump family-backed crypto platform World Liberty Financial (WLFI), has rebuffed efforts by US lawmakers to investigate the president’s potential conflicts of interest. In a May 15 letter to Senator Richard Blumenthal, lawyers for World Liberty Financial claimed a call to investigate the crypto platform was based on “fundamentally flawed premises and inaccuracies. ” Witkoff did not specifically address any allegations, claiming that WLFI was “too busy building” for oversight. “The Company rejects the false choice between innovation and oversight,” said the letter source: https://cointelegraph.com/news/world-liberty-financial-oversight-congress?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound