Senate Dems Uncover Trump’s Crypto Conspiracy!

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Trump’s Middle East envoy, Steve Witkoff, is under pressure from lawmakers over his crypto involvement and links to World Liberty Financial (WLFI). A veritable goldmine of scandal, this one! 🚀💰

Summary

  • Eight Senate Democrats have sent a letter to Trump appointee Steve Witkoff over his crypto holdings. A masterclass in bureaucratic theatrics! 🕵️‍♂️
  • Senators argue his last disclosure shows ownership in four crypto-related entities, raising conflict-of-interest concerns. Because nothing says “ethical” like holding a stake in a digital asset. 🧠
  • Witkoff has until Oct 31 to respond to the Senate’s request for clarification. A deadline that feels as urgent as a tax audit in a banana republic. 🕒

Senate Democrats are turning up the heat on Steve Witkoff, President Donald Trump’s special envoy to the Middle East, over his continued involvement in cryptocurrency ventures. Because who doesn’t want a diplomat who’s also a crypto bro? 🤷‍♂️

Per an Oct. 22 Fortune report, eight Democratic senators sent a letter demanding clarification on why Witkoff’s latest ethics disclosure still shows ownership in crypto-related entities, including the Trump-linked digital WLFI. A true family business! 💼

“Your failure to divest your ownership in these assets raises serious questions about your compliance with federal ethics laws and, more importantly, your ability to serve the American people over your own financial interests,” the senators wrote. A poetic indictment, if ever there was one. 📜

Witkoff had co-founded World Liberty Financial with Trump in 2024 and was previously reported to be divesting his interest. While he has sold off a $120 million stake in his real estate company, his latest Aug. 13 disclosure reportedly revealed he still holds crypto assets through multiple vehicles. Because nothing says “dedication to public service” like holding onto crypto. 🧩

Senators argue that Witkoff’s continued financial ties to crypto could conflict with his diplomatic duties in the Middle East, especially given World Liberty Financial’s business links to the U.A.E. A diplomatic dexterity that’s as impressive as it is suspicious. 🌍

Trump faces criticism over WLFI, broader crypto involvement

The latest controversy adds to a broader political storm surrounding crypto involvement among public officials. U.S. President Donald Trump has also come under fire, especially from Democratic Senator Elizabeth Warren, over the Trump family’s involvement in the newly launched World Liberty Financial (WLFI) token. A true testament to the American dream! 🇺🇸

Warren labeled the project “corruption, plain and simple,” and warned that inadequate regulations allow public officials to exploit their influence for personal financial gain. Because nothing says “public service” like a tokenized scheme. 📈

Meanwhile, recent reports show that Trump and his family have earned at least $1 billion from various crypto-related ventures in the past year alone. These include digital trading cards, meme coins, stablecoins, WLFI tokens, and DeFi platforms. A crypto-craze that’s as wild as it is unethical. 🚀

Critics argue that such deep involvement in digital assets raises serious ethical concerns, especially given Trump’s role as president. Because who wouldn’t want a president who’s also a crypto mogul? 🤑

Despite mounting questions over conflicts of interest, the White House has dismissed the allegations, insisting that President Trump separates business ventures from his political activities. A masterclass in denial, if ever there was one. 🤷‍♂️

Still, the issue continues to fuel calls for tighter oversight of how elected officials engage with the digital asset sector. Because nothing says “transparency” like a crypto-adjacent administration. 🧠

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2025-10-22 22:09