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Crypto Regulation

US Envoy Witkoff Earned $107M from Crypto-Linked Entity

Steve Witkoff, US President Trump’s special envoy, earned $107 million in 2025 from a holding company that owns shares in a crypto enterprise he helped found. The holding includes World Liberty Financial LLC and real estate. Critics allege conflicts of interest, but lawyer David Warrington says Witkoff has divested from World Liberty Financial and recuses from related matters.

Original source

AI take

This disclosure puts a spotlight on the intersection of political appointments and digital asset ventures, raising questions about ethical boundaries in the current administration. The substantial sum tied to a crypto-linked holding could fuel scrutiny over policy decisions affecting the sector, especially given the recusal claim. The key issue is whether the divestment and recusal are sufficient to insulate his diplomatic role from perceived bias, and whether this becomes a precedent for other officials with crypto ties. Watch for how this shapes public and regulatory discourse on crypto governance.

Generated by AI for reference only.

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