Trump’s Murky Crypto Venture Was Aimed at Shielding Barron From Scams
A longtime friend of Donald Trump apparently pushed for his son Barron to get involved with a murky crypto startup on the basis it would protect him from scammers otherwise rife across the sector.
A real estate mogul with limited enough experience of the crypto space to refer to “memecoins” as “me-me-coins,” Steve Witkoff is understood to have enthusiastically lobbied the Republican presidential candidate on behalf of Chase Herro and Zachary Folkman.
Herro and Folkman are the brains behind World Liberty Financial, the crypto venture launched by (formerly stalwart crypto-skeptic) Trump and his three sons–Donald Jr., Eric and Barron–during a livestream last month that Barron himself was, curiously enough, absent for despite being described in the company’s promo materials as a “visionary” in the space.