American Presidential Candidate Donald Trump Enters in Crypto Business, Launches World Liberty Financial

Donald Trump, a major contender in the US presidential election, has started a cryptocurrency business. Trump, his family and associates launched World Liberty Financial on Monday. However, not much information has been given about this business.

This crypto business was launched on Monday in a live event on the social media platform X Spaces. There was a second attempt on the life of Trump, who was the President of America, last Sunday. In this event, Trump also gave information about this attack. However, Trump or his family have not given much information about this business. It is also not known what kind of services this firm will provide.

Usually, it is unusual for a presidential candidate to launch a new business so close to an election, but Trump is eyeing to woo cryptocurrency supporters ahead of the November 5 election. However, Trump Trump had earlier called cryptocurrencies a scam. After this, after contesting again for the post of President, he started supporting digital assets. He has also promised to make America the crypto capital of the world. Trump has also hinted at not making strict regulations for this segment and creating a reserve of bitcoin. In the last few weeks, his family has also promoted this crypto project.

Recently, the US Federal Bureau of Investigation (FBI) had warned that attacks by North Korean hackers on the crypto segment are increasing. Last month, Indian crypto exchange WazirX was targeted by hackers. There are reports of North Korean hackers being involved in this. In this case, funds worth about $230 million were stolen from WazirX. The FBI said, “Hackers find their victims through their activity on social media. After this, the victims are trapped in various ways.” To avoid these hackers, the FBI has advised not to store information related to logins, passwords and private keys of cryptocurrency wallets on devices connected to the Internet.