The son of US President-elect Donald Trump said that the crypto lender World Liberty, which he runs, is not involved in financing militants from the Middle East.

Kathleen Clark, a professor at Washington University in St. Louis who specializes in government ethics, told Reuters that experts are concerned about the size of Tron’s investment in World Liberty and the financial benefits the platform could gain from being used by Hamas and Hamas terrorists. Hezbollah.

“The direct link between cryptocurrency and crime does not stand up to scrutiny as traditional financial institutions can also be used to funnel bad money. Anything can be manipulated, and you need to fight it. We have taken proactive measures to eliminate the risk of illegal activity,” said Eric Trump.

Concerns about ethics and conflicts of interest arose after crypto platform Tron announced it would invest $30 million in World Liberty, of which the Trump family is a financial beneficiary.

Earlier, Maxine Waters, a member of the US House of Representatives Committee on Financial Services, criticized World Liberty Financial and expressed concern about the growing risks associated with decentralized finance (DeFi) projects.