{"id":839119,"date":"2025-04-05T08:11:58","date_gmt":"2025-04-05T13:11:58","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/05\/lawmakers-seek-world-liberty-financial-records-from-sec\/"},"modified":"2025-04-05T08:11:58","modified_gmt":"2025-04-05T13:11:58","slug":"lawmakers-seek-world-liberty-financial-records-from-sec","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/05\/lawmakers-seek-world-liberty-financial-records-from-sec\/","title":{"rendered":"Lawmakers Seek World Liberty Financial Records from SEC"},"content":{"rendered":"<div id=\"page\">\n<div id=\"content_box\">\n<header>\n<div>\n<p><img loading=\"lazy\" alt src=\"https:\/\/secure.gravatar.com\/avatar\/41169a86822e6585e2f87627f7d7ef3a?s=32&#038;d=mm&#038;r=g\"  height=\"32\" width=\"32\" decoding=\"async\"><\/p>\n<p><span><span>By <a href=\"https:\/\/fullycrypto.com\/author\/mahu_bs\" title=\"Posts by Mark Hunter\" rel=\"author\">Mark Hunter<\/a><\/span><\/span><\/p>\n<p><span><\/p>\n<p>1 day ago<span>Fri Apr 04 2025 08:51:16<\/span><\/p>\n<p><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/header>\n<p><img width=\"1300\" height=\"890\" src=\"https:\/\/fullycrypto.com\/wp-content\/uploads\/2025\/04\/Lawmakers-Seek-World-Liberty-Financial-Records-from-SEC.png\" alt=\"Lawmakers-Seek-World-Liberty-Financial-Records-from-SEC\" title decoding=\"async\" fetchpriority=\"high\" data-layzr=\"https:\/\/fullycrypto.com\/wp-content\/uploads\/2025\/04\/Lawmakers-Seek-World-Liberty-Financial-Records-from-SEC.png\">\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<div>\n<p><span><span>Reading Time: <\/span> <span> 2<\/span> <span>minutes<\/span><\/span><\/p>\n<ul>\n<li aria-level=\"1\"><span>Lawmakers have asked the U.S. Securities and Exchange Commission (SEC) to preserve all records relating to Trump-affiliated crypto firm World Liberty Financial<\/span><\/li>\n<li aria-level=\"1\"><span>They have raised concerns about possible political interference and conflicts of interest at the SEC<\/span><\/li>\n<li aria-level=\"1\"><span>Allegations include preferential treatment for investors tied to Trump and a sudden halt to a major enforcement case<\/span><\/li>\n<\/ul>\n<p><span>Congressional leaders have demanded transparency from the U.S. Securities and Exchange Commission (SEC) regarding potential political interference involving <\/span><a href=\"https:\/\/fullycrypto.com\/donald-trumps-defi-project-to-work-with-aave\"><span>World Liberty Financial<\/span><\/a><span>, a crypto company with deep ties to U.S. President Donald Trump and his family. The request comes amid growing concerns that Trump\u2019s personal financial stake could be influencing regulatory decisions, including the SEC\u2019s unexpected pause of a high-profile enforcement action. The request comes days after House Financial Services Committee Chair French Hill admitted that Trump\u2019s engagement in cryptocurrency ventures has <\/span><a href=\"https:\/\/fullycrypto.com\/trumps-personal-crypto-holdings-are-complicating-regulation\"><span>introduced complexities<\/span><\/a><span> into the legislative process aimed at regulating the digital asset sector.<\/span><\/p>\n<h2><span>Trump\u2019s Crypto Empire Under Scrutiny<\/span><\/h2>\n<p><span>World Liberty Financial has come under intense scrutiny after Reuters investigation revealed that the Trump family had quietly taken over the crypto firm as it <\/span><a href=\"https:\/\/fullycrypto.com\/trump-family-to-keep-up-to-75-of-world-liberty-financial-revenue\"><span>raised hundreds of millions<\/span><\/a><span> of dollars in $WLFI token sales. As of early 2025, the <\/span><a href=\"https:\/\/fullycrypto.com\/world-liberty-financial-denies-selling-tokens\"><span>company had sold<\/span><\/a><span> more than $500 million in its $WLFI token, with President Trump and his sons holding substantial financial interests. The company\u2019s website openly credits Trump as its inspiration, and SEC filings list him, Donald Trump Jr., and Eric Trump as affiliated individuals.<\/span><\/p>\n<p><span>The <\/span><a href=\"https:\/\/ct.symplicity.com\/t\/wrn\/3e306b61fbfe3215da5da1c8f0ecc66e\/2086253964\/realurl=https:\/\/www.banking.senate.gov\/imo\/media\/doc\/wlf_sec_letter.pdf\" target=\"_blank\" rel=\"nofollow noopener\"><span>letter<\/span><\/a><span>, sent by Sen. Elizabeth Warren and Rep. Maxine Waters to Acting SEC Chair Mark Uyeda, outlines urgent concerns about regulatory integrity, calling the Trump family\u2019s financial stake in World Liberty Financial \u201can unprecedented conflict of interest,\u201d warning that such entanglements could compromise the SEC\u2019s mission to \u201cprotect investors and maintain fair and orderly markets.\u201d<\/span><\/p>\n<h2><span>Suspicious Timing in SEC Enforcement<\/span><\/h2>\n<p><span>One of the most alarming revelations centers around crypto entrepreneur Justin Sun, who was charged by the SEC in 2023 for fraudulent crypto practices including wash trading and promoting unregistered securities. Despite these charges, Sun later invested $75 million into Trump\u2019s crypto venture\u2014and by February 2025, the SEC had quietly paused its case against him. The letter argues that this episode \u201craises serious questions about whether SEC enforcement actions are being influenced by Trump-affiliated interests.\u201d They specifically request all records related to the pause in Sun\u2019s case, including communications with the White House or Trump family members.<\/span><\/p>\n<p><span>The letter demands that the SEC preserve and release a wide range of documents, including internal memos, ethics reviews, communications with Trump affiliates, and policies meant to shield SEC decisions from political influence. The lawmakers emphasize the stakes:<\/span><\/p>\n<blockquote>\n<p><span>The American people deserve to know whether their financial markets are being regulated impartially\u2014or whether regulatory decisions are being made to benefit the President\u2019s family financial interests.<\/span><\/p>\n<\/blockquote>\n<p><span>As the SEC faces increasing pressure, the spotlight remains fixed on whether it can remain an independent watchdog in the shadow of presidential profit, especially under its Trump-appointed leadership.<\/span><\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/fullycrypto.com\/lawmakers-seek-world-liberty-financial-records-from-sec?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lawmakers-seek-world-liberty-financial-records-from-sec\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Mark Hunter<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Mark Hunter 1 day agoFri Apr 04 2025 08:51:16 Reading Time: 2 minutes Lawmakers have asked the U.S. Securities and Exchange Commission (SEC) to preserve all records relating to Trump-affiliated crypto firm World Liberty Financial They have raised concerns about possible political interference and conflicts of interest at the SEC Allegations include preferential treatment<\/p>\n","protected":false},"author":1,"featured_media":839120,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4151,644],"tags":[],"class_list":{"0":"post-839119","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-lawmakers","8":"category-world"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/839119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=839119"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/839119\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/839120"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=839119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=839119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=839119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}