Keluarga Trump Kuasai 60% Saham Entitas Baru Pengganti Pendiri World Liberty Financial
Trump Family Holds 60% Equity Share In Entity That Replaced World Liberty Financial Co-Founders As Controlling Party: Reuters https://cryptonews.com/news/trump-family-holds-majority-stake-in-world-liberty-financial-reuters/

Trump Family Holds 60% Equity Share in Entity That Replaced World Liberty Financial Co-Founders as Controlling Party: Reuters

An entity affiliated with Donald Trump has replaced the original founders of World Liberty Financial as the "controlling" party of the new crypto project, according to a report by Reuters.

The report states that DT Marks DEFI LLC, an entity owned by Donald Trump and his family, has taken control of the crypto venture and grabbed a majority of the funds raised, aided by governance terms that favor insiders.

According to the report, the Trump family now gets a claim on 75% of net revenues generated from token sales and 60% from World Liberty operations as a whole. With the Trump family permitted to about $400 million in fees, Reuters estimates that World Liberty Financial will possess only 5% of the $550 million generated once Folkman and Herro receive their cut.

Trump, whose name has been affiliated with a handful of Web3-related projects, placed his assets and investments in a trust managed by his children ahead of his inauguration. His sons, Donald Jr. and Eric, have been given titles as the crypto platform's "web3 ambassadors," while Barron serves as its "defi visionary."

The development could draw political scrutiny ahead of upcoming crypto legislation discussions in Congress.