Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop
Tag:

world

Decrypt logo
Crypto Trends

Trump Family Reduces Stake in Crypto Project World Liberty

by admin June 22, 2025



In brief

  • DT Marks DEFI LLC, tied to the Trump family, reduced its stake in World Liberty Financial from 60% to approximately 40%.
  • The change comes amid growing political scrutiny and a Senate investigation into Trump’s crypto ties.
  • U.S. President Donald Trump has benefited politically and financially from his crypto involvement.

The Trump family has quietly reduced its majority stake in World Liberty Financial, according to an update to the company’s legal disclosure section, signaling a potential shift in the Trump involvement in the controversial DeFi project as it faces growing scrutiny from Democratic lawmakers.

First reported by Forbes, DT Marks DEFI LLC—a business entity linked to Donald Trump and certain family members—recently cut its ownership share in the company from 60% to about 40%.

“DT Marks DEFI LLC, an entity affiliated with Donald J. Trump and certain of his family members, owns approximately 40% of the equity interests in WLF Holdco LLC,” the disclosure reads.

WLF Holdco LLC is the sole owner of World Liberty Financial, Inc., the Delaware corporation developing the WLF protocol and governance platform. As recently as March 2025, DT Marks DEFI LLC was listed as holding a 60% stake in WLF Holdco. The 20% reduction in equity is likely the result of a private sale or internal restructuring, though no formal explanation has been provided.

World Liberty Financial did not immediately respond to Decrypt’s request for comment.



Introduced in September 2024, World Liberty Financial is a decentralized finance (DeFi) protocol and cryptocurrency company. Since its inception, the company and brand have been tied to the Trump family.

While the disclosure notes that Trump, his relatives, and employees of the Trump Organization do not serve as officers or directors of the firm or its parent company, it confirms that DT Marks DEFI LLC and “certain Trump family members” collectively hold 22.5 billion WLFI tokens. The entity also receives 75% of the token sale proceeds after expenses. In June, Trump reportedly earned $57 million from the sale of World Liberty Financial tokens.

The timing of the ownership change coincides with regulators intensifying scrutiny of World Liberty Financial. The U.S. Congress is currently considering the GENIUS Act, which would establish the first federal regulatory framework for the issuance and use of stablecoins. The Senate passed the bill earlier this week, and Trump has urged the House of Representatives to follow suit quickly.

At the center of the debate is the company’s stablecoin, USD1, which debuted in March on the Ethereum and BNB Chain networks.

In May, Sen. Richard Blumenthal (D-CT) started an investigation into World Financial Liberty and its ties to the President.

“WLFI’s refusal to answer even the most basic questions about President Trump’s financial entanglements with the company raises serious concerns,” the senator said at the time. “And I will continue demanding transparency for the American people.”

Edited by James Rubin

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

June 22, 2025 0 comments
0 FacebookTwitterPinterestEmail
Harry Kane lauds Club World Cup: 'Loving this tournament'
Esports

Harry Kane lauds Club World Cup: ‘Loving this tournament’

by admin June 21, 2025


Harry Kane has said that Bayern Munich’s Club World Cup win over Boca Juniors was played amid “one of the best” atmospheres of his career and added that he is “loving this tournament so far.”

The England captain opened the scoring with an 18th-minute strike as the 2-1 victory, played in front of a full Hard Rock Stadium in Miami, saw Bayern become the first team to qualify for the knockout stages.

Argentine football fans are renowned for their passionate support and the atmosphere they can create is considered one of the most intense in world sport.

Boca supporters have made their presence known in Miami with fans gathering on the beach in their thousands and singing in local Walmarts.

Group C

GPWDLGDPTS2 – Bayern Munich (Q)2200+1161 – Benfica2110+643 – Boca Juniors2011-114 – Auckland City (E)2002-160Top two countries qualify for round of 16

Asked if he was surprised by the Boca fans, Kane said: “No, not surprised. I expected them to be loud like they were but it was an incredible atmosphere to be honest. One of the best [atmospheres] of my career. Credit to them but also credit to the Bayern fans. They tried to help us as much as possible but it was hard with all of the Boca fans there. They made it a special night, they won’t go home happy but it was a great game.”

Bayern’s win followed eye-catching victories for South American sides over more fancied European opponents. Champions League winners Paris Saint-Germain were shocked by Botafogo before Chelsea came unstuck against Flamengo on Friday.

FIFA’s revamped competition has faced heavy criticism but Kane said he has been enjoying the post-season tournament in the United States.

“I think it’s great to experience different teams and I think you’ve seen in this tournament already the South American teams especially have caused big problems for some of the European teams,” Kane said.

Harry Kane scored Bayern Munich’s first goal in their 2-1 win over Boca Juniors in Miami. Sven Hoppe/picture alliance via Getty Images

“It shows how big football is worldwide and how good some of these players are. You have to be ready for the next game, the next opportunity. I’m loving this tournament so far and hopefully we can be here for a while.”

Soaring temperatures in the U.S. have been a talking point with Borussia Dortmund planning to rotate their team to cope with the hot conditions they expect on Saturday, with head coach Niko Kovac fearing the impact of the midday sun in Cincinnati.

But Kane insisted playing in the heat is to be expected in summer tournaments.

“I’m not concerned [about the heat]. I think it’s part of football. You have to be able to adapt,” he said. “This is a great experience for me and some of the other England guys who are going to be playing next year in the World Cup. So, you know, something special about these kinds of Club World Cup games and next year will be the same.

Editor’s Picks

2 Related

“When you come off that pitch and you’re sweating and you’re dripping and you’re cramping and you’ve given everything from the pitch, there’s a special kind of feeling inside, especially when you win. That’s what we have to do.”

Asked for his thoughts on the tournament as a whole, Kane said: “I think, of course, it’s the first ones, so people are a little bit sceptical of what it’s going to be like, but if you’re playing the best teams in the world every four years, it’s going to be a really prestigious tournament in the future.”

Bayern face Benfica in their final group stage game on Tuesday.

Information from the Associated Press contributed to this report.



Source link

June 21, 2025 0 comments
0 FacebookTwitterPinterestEmail
  • 1
  • 2
  • 3
  • 4

Categories

  • Crypto Trends (352)
  • Esports (263)
  • Game Reviews (217)
  • Game Updates (299)
  • GameFi Guides (342)
  • Gaming Gear (319)
  • NFT Gaming (351)
  • Product Reviews (305)

Recent Posts

  • Helldivers 2 Into the Unjust update takes the battle to the alien Hive Worlds
  • Can Shiba Inu (SHIB) Mini-Golden Cross Help? Dogecoin (DOGE): Worst Move in Q4? Solana’s (SOL) Surprising Price Boost?
  • Hemi secures $15m to advance Bitcoin programmability ahead of TGE
  • Princeton scientists bend wireless signals around walls, hinting at wild terabit data speeds in homes, cars, and crowded cities
  • Reloaded, aka the most visually stunning way to use a chainsaw-gun, is available now

Recent Posts

  • Helldivers 2 Into the Unjust update takes the battle to the alien Hive Worlds

    August 27, 2025
  • Can Shiba Inu (SHIB) Mini-Golden Cross Help? Dogecoin (DOGE): Worst Move in Q4? Solana’s (SOL) Surprising Price Boost?

    August 27, 2025
  • Hemi secures $15m to advance Bitcoin programmability ahead of TGE

    August 27, 2025
  • Princeton scientists bend wireless signals around walls, hinting at wild terabit data speeds in homes, cars, and crowded cities

    August 27, 2025
  • Reloaded, aka the most visually stunning way to use a chainsaw-gun, is available now

    August 27, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

About me

Welcome to Laughinghyena.io, your ultimate destination for the latest in blockchain gaming and gaming products. We’re passionate about the future of gaming, where decentralized technology empowers players to own, trade, and thrive in virtual worlds.

Recent Posts

  • Helldivers 2 Into the Unjust update takes the battle to the alien Hive Worlds

    August 27, 2025
  • Can Shiba Inu (SHIB) Mini-Golden Cross Help? Dogecoin (DOGE): Worst Move in Q4? Solana’s (SOL) Surprising Price Boost?

    August 27, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

@2025 laughinghyena- All Right Reserved. Designed and Developed by Pro


Back To Top
Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop

Shopping Cart

Close

No products in the cart.

Close