An investigation by The New York Times revealed that World Liberty Financial, a cryptocurrency firm associated with Donald J. Trump and his sons, engaged in questionable business practices. The firm, represented by Zachary Folkman, pitched partnerships to crypto startups, offering to buy each other’s digital coins to enhance public profiles. However, these deals often included secret multimillion-dollar payments to World Liberty. Several firms rejected these offers, deeming them unethical. Despite this, World Liberty continued to market their coin globally, generating over $550 million in sales, with significant proceeds allocated to the Trump family.
— new from The New York Times
