World Liberty Financial Should Be Probed by SEC, Warren Says

Senator Elizabeth Warren writes to SEC Chair Paul Atkins urging the agency to probe whether the Trump family’s World Liberty Financial, Inc. “misled investors or otherwise violated securities laws.”

• Warren’s office comments in an emailed statement about the letter, which is dated yesterday
• Warren cites World Liberty Financial’s “recent decision to borrow $75 million using its own tokens–which investors have explicitly been prohibited from selling –as collateral”
• Warren asks if the SEC has evaluated whether World Liberty Financial is a security subject to securities laws
  • Warren asks for a response by May 26

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