Trump's crypto business presents possible conflict of interest

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After once calling cryptocurrency a 'scam,' Trump and his sons are now launching a crypto exchange. Tim O'Brian and Zeke Faux join Stephanie Ruhle to discuss.

This is an adapted excerpt from the Sept. 16 episode of 'Inside with Jen Psaki.' On Monday night, during a livestream on X, Donald Trump unveiled his latest business venture: World Liberty Financial. It’s basically a crypto stock exchange where you can borrow, lend and invest. Alongside Trump, founders include Donald Trump Jr., Eric Trump and Barron Trump, according to a person briefed by a member of the group’s founding team.

Just a couple of years ago, Trump said crypto wasn’t even money and that it was “based on thin air.” However, it just so happens that one of the best places you can have a true grift right now is crypto. Another man involved in the Trumps’ venture is Chase Herro. As reported by Bloomberg’s Zeke Faux, Herro is a self-described “dirtbag” whose business ventures include weed, weight loss colon cleanse and get-rich-quick courses.

 

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