{"id":9622,"date":"2025-09-03T08:53:01","date_gmt":"2025-09-03T08:53:01","guid":{"rendered":"https:\/\/bitunikey.com\/news\/elizabeth-warren-slams-trumps-wlfi-venture-as-corruption\/"},"modified":"2025-09-03T08:53:06","modified_gmt":"2025-09-03T08:53:06","slug":"elizabeth-warren-slams-trumps-wlfi-venture-as-corruption","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/elizabeth-warren-slams-trumps-wlfi-venture-as-corruption\/","title":{"rendered":"Elizabeth Warren Slams Trump\u2019s WLFI Venture as \u2018Corruption\u2019"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p>Senator Elizabeth Warren has continued her ongoing criticism of Donald Trump, expressing her disdain over the family\u2019s crypto activities.<\/p>\n<div id=\"cn-block-summary-block_b697bead9001f11b71cbe7edc7dc8a4a\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Elizabeth Warren calls Trump\u2019s WLFI venture \u201ccorruption\u201d in response to his family\u2019s crypto fortune of $5 billion.<\/li>\n<li>WLFI\u2019s price has continued to fluctuate, with the market cap currently at $5.61 billion.<\/li>\n<li>Warren recently criticized the current crypto regulations, calling them ineffective and accusing them of benefiting Trump\u2019s business interests.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Democrat member and representative of the state of Massachusetts, Senator Elizabeth Warren, has criticized the Trump family\u2019s involvement in the newly launched World Liberty Financial (WLFI) token. In a September 2 X <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/senwarren\/status\/1962998997251227752?s=46\">post<\/a>, Warren slammed the venture, describing it as \u201ccorruption, plain and simple.\u201d<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">It\u2019s corruption, plain and simple. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/OLfpGpkTQR\">pic.twitter.com\/OLfpGpkTQR<\/a><\/p>\n<p>\u2014 Elizabeth Warren (@SenWarren) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/SenWarren\/status\/1962998997251227752?ref_src=twsrc%5Etfw\" target=\"_blank\">September 2, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>The latest comment from Warren follows the recent trading debut of WLFI, a Trump-backed cryptocurrency, which briefly pushed the family\u2019s stake including more than 22 billion tokens held through DT Marks DEFI LLC to a paper value of over $5 billion. This marked the biggest single-day jump in the family\u2019s fortune and at its peak, made WLFI the family\u2019s most valuable asset, surpassing even their long-standing real estate portfolio.<\/p>\n<p>However, the multi-billion-dollar valuation is not entirely real money, as it is based on WLFI\u2019s price surge from at launch to $0.46. The figure has also since dropped due to the token\u2019s volatile price movement. Despite an initial surge on Monday, WLFI has been struggling in the past two days, as buying pressure faded and the market showed increasing signs of sell-offs, pushing its value to a low of $0.20.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>While it briefly climbed to $0.24 on Tuesday, the token could not hold the upward trend, and the price soon dipped again. At the time of writing,\u00a0WLFI trades at $0.22, a 5% drop on the day, with its market cap hovering around $5.61 billion.<\/p>\n<h2 class=\"wp-block-heading\">Elizabeth Warren\u2019s continued criticism of Trump\u2019s crypto ventures<\/h2>\n<p>This is not the first time Senator Warren has expressed concerns about Trump\u2019s crypto-related ventures. She has long been a vocal critic of crypto and has consistently criticized Trump\u2019s involvement in the industry. Warren previously raised alarms over proposed crypto regulations like the GENIUS stablecoin act and the Digital Asset Market Clarity (CLARITY) Act, calling them too lenient.<\/p>\n<p>\u201cWe need strong crypto regulation, not an industry giveaway that puts our economy at risk and supercharges President Trump\u2019s corruption,\u201d Warren <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/SenWarren\/status\/1954664143979524138?t=oLAAF60KeCdyhZRx6NnYBQ&amp;s=19\">said<\/a> in an earlier statement. She emphasized the need for robust regulation and went so far as to call for bans on elected officials from trading or engaging in crypto businesses, citing Trump\u2019s ties to the industry.<\/p>\n<p>Meanwhile, Warren\u2019s criticism is not just focused on WLFI but the broader influence of crypto on U.S. politics. She warned that ineffective regulations would allow politicians, like Trump, to profit off their industry connections, resulting in conflicts of interest that could distort the market.<\/p>\n<p>The senator is not the only one to express concerns regarding Trump\u2019s involvement in crypto. Her sentiments have been shared by other influential figures, who also warn that his dual roles in politics and crypto-related ventures could manipulate the market.<\/p>\n<p>However, the White House has dismissed these concerns, noting that the president\u2019s business ventures and political activities are separate, and that no conflicts of interest are present.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Senator Elizabeth Warren has continued her ongoing criticism of Donald Trump, expressing her disdain over the family\u2019s crypto activities. Summary Elizabeth Warren calls Trump\u2019s WLFI venture \u201ccorruption\u201d in response to&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=9622"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9622\/revisions"}],"predecessor-version":[{"id":9624,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9622\/revisions\/9624"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/9623"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=9622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=9622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=9622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}