PANews reported on December 3, according to Bloomberg, that U.S. president-elect Trump has recently been promoting his crypto project World Liberty Financial and raising funds through tokens to attract supporters. 75% of the project's funds will go directly to the Trump family, raising concerns from the public.
On November 25, Tron founder Justin Sun announced the purchase of $30 million worth of World Liberty tokens, allowing the project to reach its fundraising threshold, with the Trump family expected to receive at least $15 million. Sun stated that supporting the project is to promote the development of the U.S. blockchain industry and denied any connection to a deal with Trump.