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cryptocurrency venture World Liberty FinancialGizmodo
•Business
Business & Economics
71% Informative
The Trump family's cryptocurrency venture World Liberty Financial announced Thursday that its stablecoin will be used to complete a $2 billion transaction between MGX , an investment firm owned by the government of Abu Dhabi , and cryptocurrency exchange Binance .
The announcement was made on stage Thursday by Zach Witkoff , one of the co-founders of the company, alongside Eric Trump and Donald Trump , Jr. The SEC has been investigating Binance since 2023 , when it was accused of artificially inflating trading volumes, diverting customer funds, and misleading investors.
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49
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