WLFI Responds to Rumors of 'Trump Family Exit': Bank License Approval Has Entered Final Stage

marsbitPubblicato 2026-05-08Pubblicato ultima volta 2026-05-08

Introduzione

Amidst rumors that the Trump family had quietly exited World Liberty Financial (WLFI), Donald Trump Jr. and co-founder Zach Witkoff addressed the claims at the Miami Consensus conference. Trump Jr. dismissed the rumors as originating from the removal of the Trump family's names from the company's website and subsequent amplification by social media bots. Both affirmed that Don Jr. and Eric Trump remain co-founders. The conversation also covered WLFI's ongoing legal battle with Tron founder Justin Sun. After Sun sued WLFI last month alleging managerial misconduct, WLFI filed a countersuit, accusing Sun of spreading false information and shorting the WLFI token. Witkoff stated the lawsuit was a "last resort" and filed with evidence. Significantly, Witkoff revealed that WLFI's application for a national trust bank charter from the OCC is in the "final stages" of securing conditional approval. This charter is crucial for the company's USD1 stablecoin operations but has drawn criticism from Democratic lawmakers like Senator Elizabeth Warren, who has labeled the application potential evidence of corruption.

Author: Sander Lutz

Compiled by: TechFlow News

TechFlow Introduction: Amid swirling rumors of a "Trump family exit" from World Liberty Financial, Donald Trump Jr. and co-founder Zach Witkoff publicly addressed the speculation at the Miami Consensus conference. Beyond clarifying the rumors, Witkoff revealed the company is in the "final stages of obtaining conditional approval" for its national trust bank license application. Simultaneously, the company has filed a counterclaim against Tron founder Justin Sun. A single clarification has brought to light three separate threads: the license, litigation, and political controversy.

Donald Trump Jr. responded on Thursday at the Miami Consensus cryptocurrency conference to a recent claim circulating on social media: that he and family members had quietly exited World Liberty Financial.

"I think I saw something on Twitter about Don and Eric having walked away from the project," said Zach Witkoff, the other co-founder of World Liberty, on stage.

"That's news to me," Trump Jr. chimed in. He attributed the rumor to World Liberty's earlier removal of the list of co-founders, including President Trump and his three sons, from the company's official website. Subsequently, some individuals capitalized on this change, with bot accounts amplifying the speculation.

"If you get enough people just kind of running with whatever they're fed, plus you've got bots pushing it... If it were true, I wouldn't be on this stage," Trump Jr. said.

"To my knowledge, Don and Eric are still co-founders of this project," Witkoff added.

It is worth noting that the moderator for this Q&A, David Wachsman, is himself the head of public relations for World Liberty and not a neutral third party.

Counterclaim Against Justin Sun: 'We Would Not Sue Without Evidence'

The conversation then shifted to the lawsuit World Liberty filed this week against cryptocurrency entrepreneur Justin Sun, the founder of the Tron network and one of World Liberty's largest financial backers. Last month, Sun sued World Liberty first, alleging serious misconduct by the company's management.

World Liberty subsequently filed a counterclaim, asserting that Sun not only publicly spread false statements about the company but also secretly shorted the company's native token, WLFI, in an attempt to drive down its price.

"We would not be bringing this suit without the evidence," Witkoff said, calling the legal action a "last resort."

Bank License: 'Final Stages of Conditional Approval'

Witkoff then steered the discussion towards World Liberty's regulatory ambitions. In January of this year, the company submitted an application for a national trust bank license to the Office of the Comptroller of the Currency (OCC), an agency under the U.S. Department of the Treasury. Once approved, World Liberty would be able to provide crucial banking service functionalities for its USD-pegged stablecoin, USD1.

"We're very excited about getting the charter," Witkoff said. "I think we're in the final stages of getting conditional approval."

This very license has been a focal point of criticism from Democrats in recent months. Senator Elizabeth Warren has repeatedly pointed to World Liberty's bank license application as evidence of what "may be the most disgraceful presidential corruption scandal in American history."

Crypto di tendenza

CitreaCTR

wrapped stUSDTWSTUSDT

Domande pertinenti

QWhat is the main subject of the response given by Donald Trump Jr. and Zach Witkoff at the Miami Consensus conference?

AThey are responding to and denying rumors circulating on social media that Donald Trump Jr. and his family members have quietly exited the World Liberty Financial project.

QWhat recent legal action did World Liberty Financial take against Justin Sun?

AWorld Liberty Financial filed a counter-lawsuit against Justin Sun, alleging that he publicly spread false statements about the company and secretly shorted its native token, WLFI, to suppress its price.

QWhat regulatory application did Zach Witkoff reveal is nearing a critical stage?

AZach Witkoff revealed that World Liberty Financial's application for a national trust bank charter with the U.S. Office of the Comptroller of the Currency (OCC) is in the final stages of potentially receiving conditional approval.

QAccording to the article, who has been a major critic of World Liberty Financial's bank charter application?

AU.S. Senator Elizabeth Warren has been a major critic, repeatedly labeling the application as potential evidence for "perhaps the most disgraceful presidential corruption scandal in American history."

QWhat reason did Donald Trump Jr. suggest for the origin of the exit rumors about his family?

AHe attributed the rumors to World Liberty previously removing the list of co-founders, which included President Trump and his three sons, from its website, which was then amplified by individuals and bot accounts.

Letture associate

Attention, Bitcoin Users! Today's Hack May Be Larger Than You Think. Here's What to Do

Bitcoin users are urged to take immediate action following the disclosure of a critical security vulnerability. Hardware wallet manufacturer Coinkite has revealed a flaw in the seed phrase generation process for certain Coldcard Mk3 devices running firmware versions 4.0.1 through 5.0.3. All bitcoin addresses created from seed phrases generated on these potentially affected devices are now considered at risk. This warning coincides with an ongoing investigation into a major hack that drained approximately 1,082.65 BTC (worth roughly $70.2 million at the time) from 1,196 single-signature wallets in just 41 minutes on July 30. Security analysts believe the coordinated thefts, which used identical transaction fees and left no change, were executed by an automated tool scanning for compromised private keys. Notably, this attack occurred about 30 hours before Coinkite's public disclosure of the Coldcard vulnerability, raising concerns of a possible connection. Experts strongly recommend that impacted Coldcard Mk3 users do not consider their old seed phrase safe. The advised course of action is to generate a completely new, secure seed phrase on a trusted, modern hardware wallet and then transfer all funds to addresses derived from this new seed. Simply moving the old, potentially compromised seed to a new device is not sufficient.

cryptonews.ru1 h fa

Attention, Bitcoin Users! Today's Hack May Be Larger Than You Think. Here's What to Do

cryptonews.ru1 h fa

Bitcoin in August: Experts Expect Range Testing, Not a Quick Reversal

Experts anticipate Bitcoin will remain under pressure in August, lacking momentum for a sustained rally after a partial July recovery. The price, trading around $63.5k, is seen stuck in a $60-65k range. Analysts cite a challenging macro environment of high U.S. rates, persistent inflation, and a strong dollar as key headwinds, alongside record ETF outflows. Historically, August is a weak month for crypto. Experts outline three main scenarios: a base case of sideways movement between $58-68k (50% probability), a bearish drop to $50-55k (30%), or a bullish push toward $71-75k (20%). Key levels to watch are support at $60-61k and resistance at $67k. While some see current prices as attractive for long-term accumulation, most warn of potential short-term downside, with a retest of $60k or even a fall toward $53k possible. A decisive market turnaround is not expected before Q4, making August a month for testing key levels rather than a major breakout.

cryptonews.ru1 h fa

Bitcoin in August: Experts Expect Range Testing, Not a Quick Reversal

cryptonews.ru1 h fa

Coldcard Hardware Wallet Hacked: 594 Bitcoin Withdrawn in 25 Minutes

The Coldcard hardware wallet has been compromised, with hackers stealing approximately 594.5 Bitcoin (~$40 million) from 500 addresses in just 25 minutes. The root cause was a critical software bug, undetected for five years, which disabled the device's secure chip for generating true random numbers. This led to the creation of private keys based on predictable data like the processor's serial number, drastically reducing cryptographic security. The attackers exploited this offline by brute-forcing possible seed phrases, finding active addresses on the public ledger, and signing transactions. Initially, Coinkite (Coldcard's maker) claimed only older models were at risk but later admitted all devices running the compromised firmware were vulnerable. CEO Rodolphe Novak (NVK) apologized but ruled out financial compensation for affected users. To secure funds, owners must urgently update their firmware to specific safe versions, generate a completely new seed phrase on the updated device, and transfer all assets to new addresses created with that new seed. While a BIP-39 passphrase can help, it does not replace this migration process. Other Coinkite products like TAPSIGNER were not affected. This incident underscores that even specialized hardware requires rigorous, independent code audits, especially for cryptographic functions. It parallels past failures, like a 2006 OpenSSL bug in Debian, and raises questions about whether automated code analysis can ever fully replace human scrutiny in critical security areas.

cryptonews.ru1 h fa

Coldcard Hardware Wallet Hacked: 594 Bitcoin Withdrawn in 25 Minutes

cryptonews.ru1 h fa

Tether (USDT) Publishes Anticipated Financial Results for the Second Quarter! Here's Its Current Status and Assets

Tether, the world's largest stablecoin issuer, has published its Q2 2026 financial results. According to an independent audit by BDO, the company reported a net operating profit of approximately $1.5 billion and an excess of assets over liabilities totaling $4.11 billion. As of June 30, 2026, the circulating supply of USDT was roughly $184.6 billion, marking an increase of about $446 million from the prior quarter. Tether now holds over 60% of the global stablecoin market share. The $1.5 billion profit was primarily generated from U.S. Treasury bills and repurchase agreements. Total assets stood at approximately $187.75 billion against liabilities of $183.64 billion, with $183.62 billion of liabilities tied to issued digital tokens. Key actions during the quarter included a reduction of secured loans by $2.38 billion (down 15%) and an addition of 14 tons to its physical gold holdings, bringing the total to over 146 tons. CEO Paolo Ardoino reaffirmed that USDT remains fully backed by reserves despite market volatility. He also noted that the company is undergoing a comprehensive independent audit with one of the "Big Four" accounting firms.

cryptonews.ru2 h fa

Tether (USDT) Publishes Anticipated Financial Results for the Second Quarter! Here's Its Current Status and Assets

cryptonews.ru2 h fa

Circle Reaches Major Regulatory Milestone, Receives Trust Charter from New York Department of Financial Services (NYDFS)

Circle, a financial services and stablecoin company, announced it reached a key regulatory milestone by receiving a Limited Purpose Trust Charter from the New York State Department of Financial Services (NYDFS). This charter allows Circle to expand its operations in New York to include asset custody services, issuance of NYDFS-approved stablecoins, and management of the reserves backing them. The approval positions Circle's USDC stablecoin within a regulated framework and follows the company's earlier receipt of a national trust bank charter from the U.S. OCC. CEO Jeremy Allaire stated this achievement reflects over a decade of compliance commitment and aligns with NYDFS's high standards, comparable to those for full commercial banks, as digital dollars become central to the global financial system.

cryptonews.ru2 h fa

Circle Reaches Major Regulatory Milestone, Receives Trust Charter from New York Department of Financial Services (NYDFS)

cryptonews.ru2 h fa

Trading

Spot

Articoli Popolari

Come comprare WLFI

Benvenuto in HTX.com! Abbiamo reso l'acquisto di Official World Liberty Financial (WLFI) semplice e conveniente. Segui la nostra guida passo passo per intraprendere il tuo viaggio nel mondo delle criptovalute.Step 1: Crea il tuo Account HTXUsa la tua email o numero di telefono per registrarti il tuo account gratuito su HTX. Vivi un'esperienza facile e sblocca tutte le funzionalità,Crea il mio accountStep 2: Vai in Acquista crypto e seleziona il tuo metodo di pagamentoCarta di credito/debito: utilizza la tua Visa o Mastercard per acquistare immediatamente Official World Liberty FinancialWLFI.Bilancio: Usa i fondi dal bilancio del tuo account HTX per fare trading senza problemi.Terze parti: abbiamo aggiunto metodi di pagamento molto utilizzati come Google Pay e Apple Pay per maggiore comodità.P2P: Fai trading direttamente con altri utenti HTX.Over-the-Counter (OTC): Offriamo servizi su misura e tassi di cambio competitivi per i trader.Step 3: Conserva Official World Liberty Financial (WLFI)Dopo aver acquistato Official World Liberty Financial (WLFI), conserva nel tuo account HTX. In alternativa, puoi inviare tramite trasferimento blockchain o scambiare per altre criptovalute.Step 4: Scambia Official World Liberty Financial (WLFI)Scambia facilmente Official World Liberty Financial (WLFI) nel mercato spot di HTX. Accedi al tuo account, seleziona la tua coppia di trading, esegui le tue operazioni e monitora in tempo reale. Offriamo un'esperienza user-friendly sia per chi ha appena iniziato che per i trader più esperti.

527 Totale visualizzazioniPubblicato il 2025.09.01Aggiornato il 2026.06.02

Discussioni

Benvenuto nella Community HTX. Qui puoi rimanere informato sugli ultimi sviluppi della piattaforma e accedere ad approfondimenti esperti sul mercato. Le opinioni degli utenti sul prezzo di WLFI WLFI sono presentate come di seguito.