TechFlow, September 17 — According to Jinshi Data, the White House stated that Witkoff has not yet divested his cryptocurrency assets, including shares in "World Liberty Financial," a company linked to the Trump family, which could pose conflict-of-interest issues for the envoy. A White House official said Witkoff has completed financial disclosures and is now working with ethics officials and legal advisors to ensure full compliance with government rules, including taking all necessary legal steps to complete asset divestiture. The process of determining which assets appointees must sell can become a negotiation with ethics officers. If prolonged disputes arise over "which assets constitute conflicts of interest," Witkoff may face legal risks—especially if he substantially participates in matters directly related to his personal financial interests, potentially violating the Criminal Conflict of Interest Law. Government ethics rules require cabinet members and other senior officials to divest assets that could create financial conflicts, but the president is not subject to these restrictions.
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