Donald Trump is facing fresh accusations of using the power of the presidency to benefit his family business interests in online betting and digital assets, as a key US financial regulator in Washington sharply scales back oversight of crypto and prediction markets. The claims centre on Donald Trump's second term in the White House and his eldest son, Donald Trump Jr, whose growing footprint in the sector coincides with a dramatic retreat in enforcement by the Commodity Futures Trading Commission.
For context, the scrutiny follows a period in which the Trump family has quietly entrenched itself in two of the fastest‑growing corners of finance: cryptocurrencies and online prediction markets, where users bet on everything from elections to sports results.
