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Trump defends family crypto firm amid scrutiny over UAE-linked investments and potential conflicts of interest.

Market News
09 Nov 2026, 08:17 WIB
Crypto news
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Trump defends family crypto firm amid scrutiny over UAE-linked investments and potential conflicts of interest.

US President Donald Trump defended his family's cryptocurrency business, World Liberty Financial, stating he has no involvement in its operations and cannot stop his sons from running it while he is in office. The company faces scrutiny over a $500 million investment linked to a UAE national security adviser, raising conflict of interest concerns. Democrats plan investigations into the Trump family's business dealings, focusing on foreign crypto investments and regulatory compliance. The situation highlights ongoing questions about political influence and transparency in crypto ventures linked to public officials.

Donald Trump's family cryptocurrency business is the subject, providing market context for readers. For those following cryptocurrency, here is Pluang's market snapshot as of Nov 09, 2026 12:41 WIB: Out of 50 major cryptocurrencies, 7 rose and 42 fell. Notable movers include SAND at Rp745 with a 1-day change of -3.51%, KSM at Rp56.224 with -3.40%, and AXS at Rp14.442 with -3.39%.

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