Trump distances himself from family crypto firm while rejecting divestment

US President Donald Trump defended the family-linked cryptocurrency business World Liberty Financial during a November 8 interview, saying his sons run the company and that he has no involvement in its operations. According to Crypto.news, Trump also said he cannot prevent his sons from pursuing business opportunities while he serves as president. His remarks directly address the separation between his public role and the family’s private commercial interests. Decrypt reported that Trump was pressed about why he would not divest from the family venture. In response, he said his sons run the business and that every president faces conflicts. This detail places his refusal to divest alongside his denial of day-to-day involvement, rather than presenting the two claims as mutually exclusive. The three accounts corroborate the central account while emphasizing different parts of the exchange. Crypto.news focused on Trump’s claim that he cannot stop his sons from doing business while in office. Decrypt highlighted his decision not to divest and his broader observation about presidential conflicts. Unchained covered the foreign-money question, reporting that Trump pointed to index funds, his sons and George Washington after midterms that would hand Democrats control of congressional committees and their subpoena power. Relevant verified data shows that World Liberty Financial remains a sizable token project. DeFiLlama lists Stake TVL at $128.39 million, down 0.8% over seven days. The WLFI token was priced at $0.04707618, with a reported market capitalization of $1.5 billion. These figures provide context for the scale of the business Trump discussed, although the supplied coverage does not link the Stake TVL figure directly to any particular part of the interview. The broader market backdrop was weak. Total cryptocurrency market capitalization stood at $2.57 trillion, while Bitcoin declined 1.41% over 24 hours and the Fear & Greed index registered 29, indicating fear. WLFI rose 0.87% over 24 hours but was down 5.90% over seven days. The development matters because Trump’s comments leave questions about presidential conflicts, family control and congressional scrutiny in focus; what to watch next is whether the venture provides further disclosures about its funding, governance or separation from the president’s office.