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Futures
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NEW
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VIP Wealth Hub
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Senate Democrats demand that Trump’s envoy divest $120 million in WLFI holdings and clarify the situation regarding encryption assets.
Odaily News Multiple Democratic senators in the U.S. Senate have demanded that Trump administration envoy Steve Witkoff divest his holdings in World Liberty Financial, valued at approximately $120 million, and publicly disclose his holdings in crypto assets. The senators pointed out that Witkoff still holds a significant amount of shares in companies related to the government's digital financial policy while serving as a presidential envoy, which may constitute a conflict of interest. World Liberty Financial is a company that has been active in the fields of tokenization of assets and digital payment infrastructure in recent years. The senators have requested that he submit a written explanation within two weeks to clarify the boundaries between his financial interests and policy responsibilities. (MMS NEWS)