Trump's Crypto Project Raises Concerns Over Fund Allocation

According to PANews, U.S. President-elect Donald Trump has recently been promoting his cryptocurrency initiative, World Liberty Financial, which has raised eyebrows due to its funding structure. The project, which seeks to attract supporters through token sales, is designed to allocate 75% of its funds directly to the Trump family. On November 25, Justin Sun, the founder of Tron, announced his purchase of World Liberty tokens worth $30 million, helping the project reach its fundraising target. This investment is expected to result in at least $15 million flowing to the Trump family. Sun has stated that his support for the project is aimed at advancing the blockchain industry in the United States and has denied any direct dealings with Trump.