World Liberty Financial, the cryptographic company linked to President Donald Trump and his family, repels control of the American senator Richard Blumenthal, the main democrat of a panel responsible for the survey on corruption and mismanagement.
“The WLFI not operating in the shadows”, according to a letter that the lawyers of the company sent to the Senator of Connecticut. “It builds a new generation and new generation financial infrastructure rooted in American trust, the rule of law and economic leadership.”
Blumenthal had targeted his own letter with the co -founder Zach Witkoff – who should appear alongside his colleague Co -founder Zak Folkman and Eric Trump during the 2025 consensus in Toronto on Friday – and asked questions about the property and the investment structure for the entities affiliated to Trump, including WLFI and Fight Fight Fight LLC, Trump’s same. As he is not in the majority party, the Blumenthal investigation does not carry all the strength of the permanent subcommittee of the Senate into investigations, a panel hosted in the Committee for Internal Security and Government Affairs.
WLFI’s response said Blumenthal’s demand “contains inaccuracies and fundamental imperfect inferences that we do not resolve in its entirety”, but lawyers have offered the example that WLFI has no affiliation with Fight, Fight, Fight LLC.
“The company rejects the false choice between innovation and surveillance,” said the letter. “What is opposed is the abusive use of regulatory authority and uncertainty to remove legal innovation.”
The president’s son Eric, who is listed as a web3 ambassador on the WLFI website alongside his father, the “Chief Crypto Advocate”, also appeared in the 2025 consensus on Thursday to explain how he entered crypto and why he launched a reduced company to make public via a merger.
“We came to love the cryptographic community, and I think that the cryptographic community really really liked to love us,” he told a crowded house in Toronto. “We are so proud to make a large part of it.”
The cryptographic links of the Trump family have also been raised by Democrats in the Senate opposing the legislation on digital assets on the congress. Despite this, a bill on the stablescoin regulation should arise for a key vote next week.
Read more: Eric Trump says he entered the crypto in the middle of a political attack, calls Bitcoin ‘Digital Gold’
