Trump hawks new cryptocurrency venture despite once calling business a ‘scam’ – but details are thin
The IndependentSign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. In an interview with crypto news podcast Rug Radio on Monday evening, the former president and convicted felon hawked his new "World Liberty Financial" project, which has previously been billed as involving “digital real estate.” His eldest son Donald Jr described it as “the start of a financial revolution”, while his younger brother Eric said it would challenge the power of big traditional banks by making crypto accessible to ordinary Americans. “ have been very hostile to crypto, extremely hostile, like nobody can believe,” said Trump, who as recently as 2021 called Bitcoin a “scam” and “a disaster waiting to happen” but was listed in a leaked document WLF’s “chief crypto advocate.” "My attitude is different. Trump biographer Tim O’Brien similarly called it “a conflict of interest in motion.” Not all crypto advocates are on board with the project. Earlier this month pro-Trump crypto entrepreneur Nic Carter described it as “a huge mistake” which could “genuinely damage Trump’s electoral prospects, especially if it gets hacked.”