https://www.fidelity.com/news/article/top-news/202412120607RTRSNEWSCOMBINED_KBN3D70OM-OUSBS_1"There are red flags all over this," said Kathleen Clark, a professor at Washington University in St. Louis who specializes in government ethics. Her concerns include the significant size of Tron's investment in World Liberty, whether Trump could benefit financially from it and the alleged use of Tron by militants including Hamas and Hezbollah.
She also highlighted an investigation of Tron founder Sun by the U.S. Securities and Exchange Commission. In 2023, the SEC charged Sun with fraud, accusing him of artificially inflating trading volume and concealing payment to celebrities to promote his companies. Sun, who is based in Switzerland and is a citizen of Grenada, said the SEC charges "lack merit." The case is ongoing.
Clark questioned whether World Liberty's close relationship with Sun would pose a conflict of interest for Trump once his administration takes over the SEC in January.
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