The details behind Donald Trump’s family DeFi venture
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Welcome to the On the Margin Newsletter, brought to you by Ben Strack and Casey Wagner. Here’s what you’ll find in today’s edition: After weeks of ominous teasing and vague promises, we finally have a few details about World Liberty Financial, Donald Trump’s family DeFi venture.
If you didn’t spend two and a half hours on the livestream from Mar-a-Lago last night, here are the highlights: Around 90 minutes in, the host (Farokh Sarmad of Rug Radio) addressed Barron, or tried to, at least.
The NYU freshman had apparently left the room. “He talks about his wallet; he’s got four wallets or something,” Trump said of his youngest son. “It’s almost like younger people know it a lot better than older people.” No one said anything about how a sitting president’s involvement with a crypto venture would be perceived by the public and regulators, should Trump win in November.
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