The post Former CFTC Chair Flags Risks in Trump’s Crypto Ventures appeared on BitcoinEthereumNews.com.

In an exclusive interview with BeInCrypto, former US CFTC Commissioner Timothy Massad explains how President Trump’s crypto ventures and political power have significantly overlapped in his first two months at the White House. Shortly before assuming office for the second time, US President Donald Trump dove head-first into a flurry of crypto experiments. From endorsing World Liberty Financial (WLFI) to launching his meme coin, Trump is raising serious concerns over conflicts of interest. Tim Massad, the 12th CFTC Chairman, who served under Barack Obama, shares his thoughts. A Historic President For Many Reasons Before assuming his first term in office in 2016, President Trump broke with modern precedent by departing from established conflict-of-interest norms. A real estate mogul with a trademark for a last name, Trump would be entering the Oval Office as the leader of a multi-billion dollar empire.  While former presidents like Jimmy Carter and George W. Bush took measures to separate themselves from their businesses by placing their assets in a blind trust, the sitting President took a different approach. Instead, Trump handed day-to-day management decisions over to his sons but did not divest in his ownership stake.  Though he received much backlash during his first term over conflict of interest concerns, Trump refused to relinquish ownership of the Trump Organization before assuming office for the second time.  However, the ‘conflict of interest’ has reached a new level this time, compared to 2016. Today, his ventures extend far beyond real estate. Trump has now secured a significant footing in the crypto industry.  Given Trump’s favorable stance toward digital asset policy development, players inside and outside the industry have begun to wonder whether his decisions are based on the sector’s best interests or are designed to benefit his own ventures. How Deep is Trump’s Involvement in World Liberty…

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Filed under: News - @ March 26, 2025 12:27 am