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Trump crypto project: Why there’s ‘enormous potential downside’ for the campaign

Chris Matthews
~1 minute

Trump crypto project: Why there’s ‘enormous potential downside’ for the campaign

One analyst is worried Trump is ‘hijacking the industry’

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Donald Trump’s family is preparing to launch a new crypto project on Monday evening, and while many digital-asset boosters are cheering the venture as further evidence of the former president’s dedication to crypto, several supporters worry it could backfire.

World Liberty Finance is run by Trump’s sons Eric Trump, Donald Trump Jr. and Barron Trump, and reports indicate that the company will offer a decentralized exchange where users can buy and sell cryptocurrencies like bitcoin BTCUSD and ether ETHUSD .

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