BBX Logo Beta

--

[Elizabeth Warren Calls for SEC Investigation into Trump Family Crypto Company] U.S. Senator Elizabeth Warren has written to SEC Chairman Paul Atkins, requesting an investigation into the Trump family-owned crypto company, World Liberty Financial, Inc. (WLF), to determine whether it has misled investors or violated securities laws. In April of this year, WLF used the Dolomite protocol to collateralize approximately $440 million worth of WLFI tokens, borrowing $75 million in assets (including $65.4 million in USD1 and $10.3 million in USDC). This led to a 10% drop in the price of WLFI and triggered liquidity issues on Dolomite. WLF's subsequent token unlocking plan sparked protests from investors. Warren has asked the SEC to respond to the investigation request by May 26, 2026.

Loading...