{"id":958768,"date":"2025-09-01T12:27:41","date_gmt":"2025-09-01T06:57:41","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=958768"},"modified":"2025-09-01T12:27:41","modified_gmt":"2025-09-01T06:57:41","slug":"trumps-750-million-crypto-deal-sparks-scrutiny-family-firm-sells-to-itself-cashes-in-big-why-watchdogs-see-red-flags","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/01\/trumps-750-million-crypto-deal-sparks-scrutiny-family-firm-sells-to-itself-cashes-in-big-why-watchdogs-see-red-flags\/","title":{"rendered":"Trumps\u2019 $750 million crypto deal sparks scrutiny: Family firm sells to itself, cashes in big; why watchdogs see red flags"},"content":{"rendered":"<p>The Trump family\u2019s latest foray into cryptocurrency has triggered questions over conflict of interest after a $750 million transaction put their businesses on both sides of the deal, The Wall Street Journal reported.<\/p>\n<p>According to the WSJ, the arrangement centres on World Liberty Financial (WLFI) \u2014 the Trump family\u2019s flagship crypto venture launched last year. Earlier this month, WLFI took over Alt5 Sigma, a publicly listed payments firm that evolved from a pain-treatment business. Alt5 then raised $750 million from outside investors and used the funds to buy WLFI\u2019s newly created cryptocurrency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Trump family\u2019s latest foray into cryptocurrency has triggered questions over conflict of interest after a $750 million transaction put their businesses on both sides of the deal, The Wall Street Journal reported. According to the WSJ, the arrangement centres on World Liberty Financial (WLFI) \u2014 the Trump family\u2019s flagship crypto venture launched last year. Earlier this month, WLFI took over Alt5 Sigma, a publicly listed payments firm that evolved from a pain-treatment business. Alt5 then raised $750 million from outside investors and used the funds to buy WLFI\u2019s newly created cryptocurrency.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-958768","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/958768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=958768"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/958768\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=958768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=958768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=958768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}