Carter Rejects Trump Crypto Venture Over Launch Timing Concerns

Nic Carter, a well-known figure in the crypto space, reportedly had second thoughts about joining World Liberty Financial (WLFI), a crypto venture backed by the Trump family.

According to Carter, co-founder Steve Witkoff's tone hardened when he warned that WLFI could cost Trump votes if it was launched before the 2024 election. Witkoff wanted the launch to happen while Trump was still a private citizen.

Carter turned down the role and expressed concerns about the project's lack of business behind it, with Witkoff unable to explain the decentralized finance (DeFi) business or even what crypto or DeFi were.