TechFlow news, October 22 — According to Fortune, Senate Democrats sent a letter on Wednesday to Steve Witkoff, an adviser to former President Trump, requesting further details about his personal cryptocurrency holdings.
Witkoff reportedly still holds cryptocurrency WLFI from World Liberty Financial and shares in WC Digital Fi. WC Digital Fi is referenced in World Liberty Financial documents as a company affiliated with Steve Witkoff and certain family members. Additionally, as of August this year, he held stakes in two other companies that appear to be linked to cryptocurrency: WC Digital SC LLC and SC Financial Technologies LLC.
The eight senators, led by Senator Adam Schiff (D-California), asked Witkoff to explain why his most recent ethics disclosure forms indicate continued ownership of cryptocurrency assets tied to Trump, as well as stakes in other cryptocurrency-related business entities. The senators questioned Witkoff's failure to divest these assets, raising concerns about potential conflicts of interest.
