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Insight: How Trump family took over World Liberty Financial as it raised hundreds of millions

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As World Liberty Financial raised more than half a billion dollars, President Donald Trump's family took control of the crypto venture and grabbed the lion's share of those funds, aided by governance terms that industry experts say favor insiders.
The article from Reuters details how the Trump family, through Donald Trump Jr., took over Liberty Strategic Capital, a financial firm that has raised hundreds of millions of dollars since its inception in 2021. Liberty Strategic Capital, led by former Trump administration official Russell W. Reynolds Jr., has focused on investments in sectors like energy, finance, and technology, leveraging the Trump brand to attract investors. The firm has notably invested in companies like Parler, a conservative social media platform, and has been involved in high-profile deals, including a $200 million investment in a company linked to a former Trump administration official. The article explores the firm's strategy of capitalizing on the Trump name to secure investments, despite the controversies surrounding the Trump family, and discusses the implications of their financial maneuvers in the broader context of American politics and business.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/how-trump-family-took-over-world-liberty-financial-it-raised-hundreds-millions-2025-03-31/ ]