Trump Sons Double Down on World Liberty Financial Amid Crypto Lawsuit and Bank Charter Push

Donald Trump Jr. stepped up Thursday to quash swirling online rumors that he and his brother Eric had abandoned World Liberty Financial, the Trump family’s crypto firm mired in controversy. Speaking at Miami’s Consensus crypto conference, Trump Jr. insisted both he and his siblings remain deeply involved as the company gears up for a high stakes legal battle and regulatory fight.

“I think I saw on Twitter at one point that Don and Eric had abandoned the project,” Zach Witkoff, a World Liberty co-founder, told the panel. “It was news to me too.” Trump Jr. chimed in, blaming misinformation and bot-driven social media chatter for the false reports. “I don’t think I’d be on this stage here if that was the case,” he said flatly.

The Trump family’s crypto venture has faced increasing scrutiny after quietly removing the names of President Trump and his sons from its website. But Witkoff and Trump Jr. insisted the trio remain listed as co-founders and active players. “As far as I’m aware, Don and Eric are still very much co-founders of the project,” Witkoff said.

The firm’s defensive posture comes amid a bruising legal feud with Justin Sun, founder of the Tron network and a major World Liberty investor. Sun sued the company last month, accusing its leadership of rampant misconduct. World Liberty fired back with a defamation lawsuit, alleging Sun spread falsehoods and secretly shorted their WLFI token to tank its price.

“We wouldn’t have filed the lawsuit if we didn’t have the receipts,” Witkoff said, labeling the suit a “last resort.”

Beyond courtroom drama, World Liberty is aggressively pursuing a national trust bank charter through a division of the Trump Treasury Department. Approval would allow the firm to operate key banking functions for its dollar-pegged stablecoin USD1, a move that has alarmed Democrats.

Senator Elizabeth Warren has called the pending charter “perhaps the most disgraceful presidential corruption scandal in U.S. history,” pointing to the Trump family’s direct profit from unregulated crypto schemes while in power.

Witkoff said the company is nearing “conditional approval” of the charter and expressed optimism about the regulatory breakthrough.

World Liberty Financial’s saga exemplifies the Trump administration’s brazen blending of public office and private enrichment, using crypto as a new frontier for corruption. As the family doubles down on their crypto hustle, the stakes for financial oversight and democratic accountability have never been higher.