news 
Title: 37% of Donald Trump’s Wealth Tied to Crypto Holdings, Says SDDF Report
Donald Trump, the current President of the United States, has reportedly tied a staggering 37% of his personal wealth to cryptocurrency holdings. The information comes from an extensive report by the State Democracy Defenders Fund (SDDF), which raises serious concerns about ethics, transparency, and potential conflicts of interest.
The report highlights two key sources for Trump’s crypto wealth: the TRUMP meme coin and a controversial project called World Liberty Financial (WLFI). WLFI offers both a governance token and a stablecoin, USD1. The lack of on-chain transparency makes it challenging to determine the exact revenue generated by these ventures and flowing directly into the Trump family coffers.
Trump’s commitment to supporting the crypto industry has been unwavering since taking office, with efforts aimed at loosening regulations and clarifying stablecoin frameworks. Critics argue that such policies may benefit Trump personally, potentially compromising public trust in his presidency and undermining democratic governance.
The report underscores the urgent need for stronger conflict-of-interest laws in U.S. politics, considering the lack of clear disclosure requirements for crypto holdings.
Source: https://coinpedia.org/news/37-of-donald-trumps-wealth-tied-to-crypto-holdings-says-sddf-report/
