Donald Trump’s crypto venture, World Liberty Financial, has launched its KYC process for eligible investors. The platform, which aims to promote the mass adoption of stablecoins and DeFi, has faced controversy since its inception. Critics have questioned the token allocation and the involvement of Trump’s family in the project. Some have even labeled it a scam.
While the platform’s adviser has denied the scam allegations and clarified the token distribution plan, the controversy surrounding the project continues. Trump’s endorsement of cryptocurrencies, which came during his presidential campaign, has also raised doubts among some in the crypto community.