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Next week’s CLARITY Act markup could fall apart over Trump family crypto ethics fight
NEWS
5/8/2026

Next week’s CLARITY Act markup could fall apart over Trump family crypto ethics fight

The CLARITY Act is finally moving toward a long-awaited Senate Banking Committee markup next week, but its path is being complicated by a fight over whether Congress should impose new ethics restrictions on federal officials and elected leaders involved with the crypto industry. On May 7, crypto journalist Eleanor Terrett reported that the draft text […] The post Next week’s CLARITY Act markup could fall apart over Trump family crypto ethics fight appeared first on CryptoSlate.

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CryptoSlate
Trump family’s crypto project sues billionaire backer Justin Sun
NEWS
5/4/2026

Trump family’s crypto project sues billionaire backer Justin Sun

World Liberty ⁠Financial, the crypto venture co-founded ⁠by US President Donald Trump and his sons, said on Monday it had filed a defamation lawsuit against Hong Kong-based crypto entrepreneur Justin Sun, in the latest escalation of a dispute ‌between the project and one of its most prominent backers. World Liberty posted a copy of its lawsuit on X in which it accused Sun of launching a “public smear campaign” including claims that it said were false. The crypto project – one of several...

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SCMP Economy
Senator Tillis Threatens to Oppose Crypto Bill Over Ethics Provisions for White House
Developing
Politics·4/28/2026AI summary

Senator Tillis Threatens to Oppose Crypto Bill Over Ethics Provisions for White House

Republican Senator Thom Tillis says he will vote against the Senate's crypto market structure bill unless it includes ethics provisions limiting how White House officials can use cryptocurrency. Tillis, a senior member of the Senate Banking Committee who is retiring next year, told Politico that he will go from negotiating the bill to opposing it if ethics language is not included. Democratic Senator Ruben Gallego emphasized that no final bill can pass without bipartisan agreement on ethics provisions. The bill divides crypto regulation between the CFTC and SEC and has faced delays over ethics and stablecoin yield provisions. Democrats have sought to address concerns about the Trump family's expanding crypto businesses.

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Cointelegraph
Billionaire Justin Sun sues Trump family crypto venture
NEWS
4/22/2026

Billionaire Justin Sun sues Trump family crypto venture

Entrepreneur Justin Sun filed a lawsuit on Wednesday accusing a Trump family-backed cryptocurrency platform of fraud and alleging he was blocked from withdrawing his assets. In a San Francisco federal court filing reviewed by Agence France-Presse, the Chinese-born crypto billionaire and former Trump ally claims to have bought US$45 million worth of WLFI, an electronic currency launched by World Liberty Financial in October 2024. To thank him for the investment – at a time when WLFI was...

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SCMP Economy
Billionaire Justin Sun sues Trump family's World Liberty crypto venture over frozen tokens
Developing
Business·4/22/2026AI summary

Billionaire Justin Sun sues Trump family's World Liberty crypto venture over frozen tokens

Justin Sun, founder of TRON and billionaire crypto investor, has filed a lawsuit against World Liberty Financial, co-founded by Donald Trump and Eric Trump, alleging the firm illegally froze his WLFI tokens worth up to $1bn and stripped his voting rights. Sun invested $45m in World Liberty and an additional $100m in Trump's meme coins, but claims he is now blocked from selling any tokens while the WLFI price has plummeted from 31 cents to under 8 cents since September. World Liberty denies wrongdoing, calling Sun's allegations baseless.

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BBC Business
Billionaire Justin Sun Sues Trump Family's World Liberty Crypto Venture Over Extortion Allegations
Urgent
Business·4/22/2026AI summary

Billionaire Justin Sun Sues Trump Family's World Liberty Crypto Venture Over Extortion Allegations

Justin Sun, founder of TRON and billionaire crypto investor, has filed a lawsuit against World Liberty Financial, co-founded by Donald Trump and Eric Trump, alleging an illegal scheme to seize his WLFI tokens. Sun invested $45m in the venture and claims his tokens, once valued at over $1bn, have been frozen and his voting rights stripped. The WLFI token has plummeted from 31 cents to under 8 cents since September. The lawsuit was filed in San Francisco federal court on Tuesday, coinciding with the SEC's decision to drop its investigation into Sun, prompting Senator Elizabeth Warren to question whether the actions were connected to Sun's investments in Trump's crypto ventures.

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BBC Business
Should Barron Trump be drafted – or left alone to keep building his $150m fortune? | Arwa Mahdawi
NEWS
4/22/2026

Should Barron Trump be drafted – or left alone to keep building his $150m fortune? | Arwa Mahdawi

Prominent Maga bros have suggested the 20-year-old son of the US president should be called up this year. Why does this seem so vanishingly unlikely?It can’t be easy being the youngest son of a man who compares himself to the son of God. Rather a lot to live up to, isn’t there? Still, Barron Trump seems to be taking it in his stride. Rather than rebelling and becoming a socialist, the 20-year-old is shaping up to be just like dad: Barron is already worth $150m, according to a 2025 Forbes calculation. That’s largely from World Liberty Financial, a Trump family cryptocurrency company he co-founded. (Reportedly it’s Barron who got the president into crypto.)Barron isn’t just trading alt-coins. The university student has also launched a yerba mate brand called Sollos. (Yerba mate is a caffeinated herbal tea from South America). And he’s been engaged with politics behind the scenes. Barron is widely credited for boosting his dad’s most recent election campaign by connecting him to manosphere influencers such as Adin Ross and Theo Von. Continue reading...

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Guardian Business