Trump denies involvement in family cryptocurrency business operations

President Donald Trump has defended his family’s cryptocurrency venture, World Liberty Financial, stating that while he is a co-owner, his sons manage the business independently. During a CBS News interview, Trump addressed questions regarding potential conflicts of interest, asserting that he has no involvement in the company's day-to-day operations and cannot prevent his children from pursuing business opportunities during his presidency.

The comments follow reports of a potential $500 million investment linked to United Arab Emirates national security adviser Sheikh Tahnoon bin Zayed Al Nahyan. Trump claimed he knows nothing about the company’s specific dealings or any reported UAE-linked investments.

Lawmakers and watchdog groups are reportedly preparing investigations into the Trump family businesses, with a particular focus on foreign cryptocurrency investments and how such capital might interact with presidential influence.